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Diversity in Hiring Practices An Overview of Current Labor Market Conditions March 29, 2011

Diversity in Hiring Practices An Overview of Current Labor Market Conditions March 29, 2011. Dr. Norm Cloutier Professor of Economics Director, UW-P Center for Economic Education. Changing Labor Force Demographics, 2008-2018. % of the Labor Force.

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Diversity in Hiring Practices An Overview of Current Labor Market Conditions March 29, 2011

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  1. Diversity in Hiring Practices An Overview of Current Labor Market Conditions March 29, 2011 Dr. Norm Cloutier Professor of Economics Director, UW-P Center for Economic Education

  2. Changing Labor Force Demographics, 2008-2018 % of the Labor Force

  3. Top 10 Industries with Largest Projected Employment Growth, 2008-2018 In thousands

  4. Occupational Projections, 2008-2018:Growth in Jobs Requiring a Bachelors Degree In thousands

  5. We Have Turned the Corner (??) 2010 Q4= 3.1%

  6. Unemployment:U3 and <HS Education February 201113.9% 8.9%

  7. Job Loss as Percentage of Employment Peak Lost > 500,000 jobs per month, Oct 2008 thru Apr 2009 Feb 2010 8.76 mil jobs lost

  8. Since Late-Oct 2009 Initial Unemployment Claims Have Been Declining

  9. Expanded Definitions of Unemployment Have Leveled Off February 2011 15.9%

  10. … Though the Average Length of Unemployment Has Continued to Rise

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