Source: Health Care Cost Institute (HCCI), February 2014
From the summary:
The Children’s Health Care Spending: 2009-2012 presents the most up-to-date data on health care spending trends for children under age 19 covered by employer-sponsored, private health insurance.
The Children’s Health Care Spending: 2009-2012 report shows that spending on health care for privately insured children increased between 2009 and 2012, rising an average 5.5 percent a year, with more dollars spent on boys than girls, and higher spending on infants and toddlers (ages 0-3) than any other children’s age group.
Key Findings from this Report
– Per capita spending on children reached $2,437 in 2012, a $363 increase from 2009.
– Spending on babies and toddlers was the highest of any age group examined, at an average of $4,446 per baby in 2012.
– Until age 14, boys had higher health care spending than girls, and boys of all ages had a higher share of spending on prescriptions.
– Use of Central Nervous System (CNS) drugs by younger children (ages 4-8), pre-teens (ages 9-13), and teens (ages 14-18) rose over time, and in each age group boys had higher use of CNS drugs than girls.
– Slightly more than 17 percent of health care spending per child was paid out of pocket between 2009 and 2012.
– There was rising use of mental health services by teens, and there were more Mental Health and Substance Use (MHSU) admissions for girls than for boys in all years studied.
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….
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. …
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.
Source: Mike Maciag, Governing, February 24, 2014
An increase in the federal minimum wage would have far greater effects in some states than others. View new data to see where workers are earning at or below the federal rate, which has been frozen at $7.25 since 2009.
Source: John Pencavel, Industrial and Labor Relations Review, Vol. 67 No. 1, January 2014
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.
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.
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. …
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.
* Executive Summary
* Economic Impact Study Fact Sheet
* Return on Investment: Social
* Return on Investment: Student
* Return on Investment: Taxpayer
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. ….