Why Did Our Unemployment Rate Change?

You may have noticed that your recent historical unemployment rate numbers look different—very different—compared to how you remember them looking just a few months ago. If you’ve noticed this, you’re not alone.

Cost of Living

The cost of living is one of many metrics we examine when assisting site selectors in identifying attractive labor markets for relocations or expansions.

Recent Industry Reclassifications Have Major Impact on Analysis in Health Care, Finance Sectors

In the first quarter of 2013, many establishments that provide home care for the elderly were reclassified from NAICS 814110 (private households) to 624120 (services for the elderly). This reclassification, while appropriate according to the BLS, may cause problems for anyone analyzing the health care industry, especially in the regions that were most affected.

Pipeline Assessment: Engineering Awards by State, 2011-2012

In the region-to-region battle for jobs and investments, having a postsecondary training pipeline aligned with industry needs is a nice competitive advantage. When examining postsecondary awards data for engineers, for example, it is easy to see inequalities in the system that can contribute to shortages or surpluses in some regions of the nation.

In the 2011-12 academic year, an estimated 113,742 awards were granted in the United States that flow into careers in engineering occupations. (An aside: Chmura Economics & Analytics models the complex interaction between graduate supply and occupation demand. Through this model, every award is linked to an occupation for which it provides training. The occupation awards data cited here are the product of this modeling.) The map below shows the production by state for all engineers as well as five specific types of engineers—use the dropdown box to update the map.