Posts Tagged: jobs

COVID-19 Shutdowns Are Hitting Low-Income Workers Especially Hard

Our recent NEJHE piece revealed  that labor market impacts of COVID-19 shutdowns have been very unequal across industries, occupations and levels of educational attainment. Job losses in the month since the beginning of the shutdowns (between mid-March and mid-April) were concentrated in industries that primarily employ individuals with lower levels of education—industries such as leisure and h...

Disastrous Job Loss Must Prompt Creative Measures to Protect Workers and Consumers

Friday May 8 saw the release of the most disastrous monthly jobs report in American economic history. In its monthly Employment Situation released last Friday, the U.S. Bureau of Labor Statistics reported: Payroll employment levels declined by 20.5 million between mid-March when the COVID-19 lockdowns began in earnest and mid-April—a decline that is more than two orders of magnitude greater...

Preparing for Another Recession?

NEBHE convenes leaders on the economy and the future of higher education ... Times are already complex for higher education. In Massachusetts, 18 higher education institutions (HEIs) have closed or merged in the past five years. In Vermont, College of St. Joseph, Green Mountain College and Southern Vermont College all held their final graduation ceremonies in the spring. What would happen if a ...

Economists Look Ahead to Trump Era and See “Boatload of Uncertainty”

The New England Economic Partnership (NEEP) explored "What’s Ahead After This Historic Election?" at the group's outlook conference held Jan. 17 at the Federal Reserve Bank of Boston. Their general conclusion: New England's economy will stay robust through 2017 and 2018 ... but then watch out! (And that's just economists—groups of scientists, multiculturalists, educators, philosophers and oth...

Welcome to the Post-Bachelor’s World

Lifelong learning and advanced credentials are increasingly critical for our economy ... The “war for talent” is accelerating in the U.S. job market, as private-sector payrolls recently posted their 77th consecutive month of growth. Notably, today’s economy is demanding professionals with higher levels of education, as evidenced by the very low 2.5% unemployment rate for adults with a bac...

Talking About Jobs, Trade and Neighbors to the North, Eh?

New England’s unemployment rate stood at 4.4% in April, compared with 5% nationwide, according to the spring 2016 outlook delivered last week by the New England Economic Partnership (NEEP) to 50 or so economists and others gathered at the Federal Reserve Bank of Boston. New Hampshire posted the second lowest unemployment rate in the U.S. at 2.6%. But all New England states are projected to ha...

Trafficking in Economic Forecasts

NEEP delivers latest forecast ... this time with a special focus on infrastructure … Is it because the economy is not in crash mode (we don’t think) that the crowd at the New England Economic Partnership (NEEP) fall 2015 outlook conference was decidedly smaller than in NEEP’s heydey? Or is it because it’s hard to get people to pay attention to regional issues? Especially...

The Well-to-Do Are Doing Very Well … and Other News from New England Economists

“The Great Recession and not-so-great recovery applies to all of us.” That was University of Southern Maine professor Charlie Colgan’s quip at last week’s New England Economic Partnership (NEEP) conference noting that Maine was just two-thirds of the way back to pre-recession employment levels. Generally, the New England forecasts at the Fall Economic Outlook conference...

New Directions for Higher Education: Q&A with Matthew Sigelman on Reading the Labor Market

In April 2013, NEJHE launched its New Directions for Higher Education series to examine emerging issues, trends and ideas that have an impact on higher education policies, programs and practices. Past installments of the series featured Philip DiSalvio, dean of the College of Advancing & Professional Studies at the University of Massachusetts Boston, interviewing: Carnegie Foundation Pre...

Jobs, Jobs, Jobs: NEBHE Collaborates with New England HERC to Introduce Constantly Refreshing “Joblink” for Higher Ed

As part of its mission to tie higher education to the economic well-being of New England, NEBHE has partnered with the New England Higher Education Recruitment Consortium (NE HERC) to provide access to recruitment and employment resources to address faculty and staff hiring needs.The mission of the NE HERC, which was founded in 2006, is to advance the efforts of member institutions to recruit ...