Category Archives: Statistics

New Report Shows National Parks Remain Strong Economic Engines, Support 243,000 Jobs Nationwide

Source: National Park Service, Press Release, March 3, 2014

Boosted by an additional 4 million visitors in 2012, national parks across the country continued to be important economic engines, generating $26.75 billion in economic activity and supporting 243,000 jobs, according to a peer-reviewed report released today by Secretary of the Interior Sally Jewell and National Park Service Director Jonathan B. Jarvis…. More than 200,000 of the jobs supported by national parks in 2012 were in local neighboring communities. These range from big parks like the Grand Canyon, which attracted 4.4 million visitors and supported 6,000 jobs, to smaller parks like the Lincoln Boyhood Home, which had 133,000 visitors and supported 93 jobs in local communities…. Jewell and Jarvis today also announced estimates of the government shutdown’s impacts on national park gateway economies. Overall, the16-day shutdown resulted in 7.88 million fewer national park visitors in October 2013 compared to a three-year average (October 2010-12), and an estimated loss of $414 million in visitor spending in gateway and local communities across the country when comparing October 2013 to a three-year average (October 2010-12). These losses are part of an economic analysis of the shutdown’s effects on parks and neighboring communities that was released today. While the shutdown figures do not affect the 2012 economics report, they will weigh on the 2013 economics report due out later this year….

Financial Security Scorecard: A State-by-State Analysis of Economic Pressures Facing Future Retirees

Source: Christian E. Weller, Nari Rhee, and Carolyn Arcand, National Institute on Retirement Security, March 2014

From the summary:
The Financial Security Scorecard: A State-by-State Analysis of Economic Pressures Facing Future Retirees finds states fall short in key areas measuring retirement readiness. …

This new analysis gauges the relative performance of the fifty states and the District of Columbia in three key areas: anticipated retirement income; major retirement costs like housing and healthcare; and labor market conditions for older workers.

The study is designed to serve as a tool for policymakers to help identify potential areas of focus for state-based policy interventions to improve Americans’ retirement prospects. …
See also:
webcast
press release
charts
conference agenda

State of the States: Eldercare Workforce Data by State

Source: Eldercare Workforce Alliance, February 2014

From the abstract:
These issue briefs look at the eldercare workforce and population data by state. Examining the growing number of older adults and the workforce trained to care for them, the briefs highlight the need for eldercare workforce training investments and supports for family caregivers.
See also:
Press release

The Changing Size Distribution of U.S. Trade Unions and Its Description by Pareto’s Distribution

Source: John Pencavel, Industrial and Labor Relations Review, Vol. 67 No. 1, January 2014
(subscription required)

From the abstract:
The size distribution of trade unions in the United States and changes in this distribution are documented. Because the most profound changes are taking place among very large unions, these are subject to special analysis by invoking Pareto’s distribution–a new application of this distribution. Extensions to trade union wealth and to Britain are broached. The role of the public sector in these changes receives particular attention. A simple model helps account both for the logarithmic distribution of union membership and for the contrasting experiences of public- and private-sector unions since the 1970s.

It’s 10 a.m, Do You Know Where and How Your Employees are Working?

Source: Cali Williams Yost, Flex+Strategy Group/Work+Life Fit Inc., February 20, 2014

From the abstract:
Our latest national research shatters myths about who is working where and reveals new realities along with new struggles facing full-time employees and how they work. Using a national probability survey of 556 full-time employed adults, we looked at both telework and the growing open office trend and found the way employees work today has changed dramatically. Our concern is organizations have been slow to acknowledge and adapt to this fundamentally new and different work reality and as such may compromise the performance and wellbeing of both their business and employees.
Related:
Press release
Summary

More Women Put in Hours at the Office While More Men Telework

So How Was 2013? Progress Report: U.S. Metro Employment Growth

Source: Tom Tveidt, Garner Economics, February 2014

In this brief we examine current employment trends among the nation’s 372 metro areas.

… To get a more accurate measure of what really happened in 2013 we examined employment in each of the year’s twelve months and compared each to employment totals in the same month the year before. If employment was up year-over-year, then the metro was adding new jobs, and vice versa, if employment was lower, jobs were being lost. Our first observation is that 193 metros (52 percent) experienced positive year-over-year employment gains in every month of 2013. These metros grew at an average monthly pace of two percent. For these metros 2013 was a year of consistent growth. On the flip side though, we found eleven metros that experienced year-over-year employment losses in every month of the year. Monthly employment declines averaged-1.5 percent across the year. …

Where Value Meets Values: The Economic Impact of Community Colleges – Analysis of the Economic Impact and Return on Investment of Education

Source: Economic Modeling Specialists Intl., February 2014

From the abstract:
Community Colleges Contributed $809 Billion to Economy in 2012

The American Association of Community Colleges (AACC) released a report, “Where Value Meets Values: The Economic Impact of Community Colleges,” showing that community colleges are a boon to the American economy at large and to the individual student.

In 2012 alone, the net total impact of community colleges on the U.S. economy was $809 billion in added income, equal to 5.4 percent of GDP. Over time, the U.S. economy will see even greater economic benefits, including $285.7 billion dollars in increased tax revenue as students earn higher wages and $19.2 billion in taxpayer savings as students require fewer safety net services, experience better health, and lower rates of crime.

Students also see a significant economic benefit. For every one dollar a student spends on his or her community college education, he or she sees an ROI of $3.80.
See also:
* Executive Summary
* Economic Impact Study Fact Sheet
* Return on Investment: Social
* Return on Investment: Student
* Return on Investment: Taxpayer

The Effects of a Minimum-Wage Increase on Employment and Family Income

Source: Congressional Budget Office, Pub. No. 4856, February 2014

From the blog post:
Increasing the minimum wage would have two principal effects on low-wage workers. Most of them would receive higher pay that would increase their family’s income, and some of those families would see their income rise above the federal poverty threshold. But some jobs for low-wage workers would probably be eliminated, the income of most workers who became jobless would fall substantially, and the share of low-wage workers who were employed would probably fall slightly. ….

Global Pensions Asset Study 2014

Source: Towers Watson, January 2014

From the abstract:
This is a study of the 13 largest pension markets in the world and accounts for more than 85% of global pension assets. The countries included are Australia, Canada, Brazil, France, Germany, Hong Kong, Ireland, Japan, Netherlands, South Africa, Switzerland, the UK and the US. The study also analyses seven countries in greater depth by excluding the six smallest markets (Brazil, France, Germany, Ireland, Hong Kong and South Africa).

The analysis includes:
• Asset size, including growth statistics, comparison of asset size with GDP and liabilities
• Asset allocation
• Defined benefit and defined contribution share of pension assets
• Public and private sector share of pension assets.