Strong Gains in Median Household Income Last Year

According to data released in the U.S. Census Bureau’s 2015 Income and Poverty in the United States report, median household income jumped 5.2% in real terms last year, the largest increase since the Census Bureau began recording such data in 1967. Despite the healthy jump in median household income last year, however, it still remains slightly below where it stood in 2007, the beginning of the

Labor Day—Time for Leisure!

Labor Day is approaching, signaling the end of summer is near. In the United States, Labor Day—a federal holiday which celebrates and honors the accomplishments of American workers past and present—is the first Monday in September. For most Americans, Labor Day means a day off from work and a three-day weekend. Just what do Americans do for fun when they aren’t working?

Pokénomics Sees Regional Differences Among Players

As a preferred provider of labor market data, Chmura Economics & Analytics set out to answer this question: “If Pokémon were real, which U.S. metropolitan areas would be best for Pokémon Trainers?” Chmura created the following five industries that have employees best equipped to support players of Pokémon: 1. Trainers, 2. Gyms, 3. Veterinarians (Healers or Pokémon Centers), 4. Selected retail shops (or Poke Mart), and 5. Teachers (Professors). Chmura’s CEO and Chief Economist, Dr. Christine Chmura, said “If Pokémon were real, trainers would be most successful in regions with the greatest concentration of people with the skills to help them become masters.”

What to do and where to live? Intersecting education, earnings, purchasing power, and return on investment: Part I

Few would debate that there will be an abundance of attractive employment opportunities in health-related industries for the foreseeable future. Chmura Economics & Analytics forecasts an average annual employment growth rate of 1.9% through 2026 for the healthcare and social assistance sector, which is more than three times the average annual growth rate of all industries (0.6%) in the nation. The ambulatory healthcare services industry alone is forecast to grow at an annual rate of 3.1%!