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Indiana Business Bulletin
  News & highlights from Ball State CBER :: ibb.cberdata.org   JuLY 31, 2017  
 

Wage and Earnings in the 21st Century Go to College Graduates

The US economy has created no net new jobs for workers who have not been to college in more than 25 years.

The most eagerly anticipated element of the Employment Situation Summary (the monthly jobs report) are changes to worker wages. With labor force participation rates slowly edging upwards and with total job growth pushing the unemployment rates to record lows, weekly earnings represent the new metric of labor force health. The reason for this should be relatively straightforward. With employment options plentiful, workers ought to expect better wages to remain loyal to their employer. Likewise, business ought to expect to have to pay more to retain and attract a quality workforce. So what is happening?

Read the full article: Wage and Earnings in the 21st Century Go to College Graduates

Last week's article: Automation, Trade and Urbanization Require More Resilient People and Places


Summertime Changes

The summer is a great time to try something new, and the team for the Indiana Business Bulletin is looking at ways we can improve our e-digest. In August, we will be experimenting with a new look, but we will keep our mainstay features, including the weekly commentary, data spotlight, and data release schedule.

We're excited to try something new! For questions, email Victoria Meldrum, manager of publications and web services - VRMELDRUM@bsu.edu


Projects & Publications Library

The CBER Projects & Publications Library is an online archive of our publicly released work since 2008. This includes policy briefs, targeted economic analysis, industry-specific reports, and more.

All information is available for free. Search by year, topic, or client.

http://projects.cberdata.org


Manufacturing Employment

Data on June 2017 state manufacturing employment was recently released and showed that year-over-year manufacturing employment increased in the five states within the east north central census region (Great Lakes area).

Manufacturing employment growth was highest in Wisconsin, increasing 1.7 percent to 477,900 jobs. Growth in the remaining four Great Lakes states increased less than 1.0 percent, suggesting that job growth may be leveling off in this sector.

Indiana manufacturing employment increased 0.84 percent to 530,500 jobs (see graph).

For details, see http://indicators.cberdata.org/dataset/8/110 .

 

Upcoming Data

August 4, 2017

U.S. Unemployment Rate, Monthly

U.S. Employment, Hours, and Earnings by Sector, Monthly

U.S. Motor Vehicle Retail Sales, Monthly

DATA CALENDAR

View the long-range calendar for new data releases on the Economic Indicators website.

 
 

Economic Indicators

United States National Data

View the publishing schedule for economic data.

 

Indiana Statewide Data

Indiana County Data

Indiana MSA (Metropolitan) Data

 
 

Center for Business and Economic Research, Ball State University
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