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Monthly Archives: March 2015

Census Bureau Releases New Median Earnings by Detailed Occupations

“In honor of Women’s History Month, the U.S. Census Bureau released today a new table showing median earnings by detailed occupation from the 2013 American Community Survey. The table includes ratios indicating the percentage of women in an occupation, as well as the male-to-female earnings ratio in the occupation for full-time, year round workers in… Continue Reading

New GAO Reports – Criminal History Records, Geospatial Data, Improper Payments, Military Base Realignments and Closures, Operational Contract Support, Recovery Act

Criminal History Records: Additional Actions Could Enhance the Completeness of Records Used For Employment-Related Background Checks, GAO-15-162: Published: Feb 12, 2015. Publicly Released: Mar 16, 2015. Geospatial Data: Progress Needed on Identifying Expenditures, Building and Utilizing a Data Infrastructure, and Reducing Duplicative Efforts, GAO-15-193: Published: Feb 12, 2015. Publicly Released: Mar 16, 2015. Homeland Security… Continue Reading

Income growth and decline under recent U.S. presidents and the new challenge to restore broad economic prosperity

“In this new study, economist Robert Shapiro, chairman of Sonecon, LLC, and a faculty member of Georgetown University’s McDonough School of Business, analyzes new Census Bureau data to track the household incomes of Americans by age cohort, following their income paths as they age. Using this approach, Shapiro shows that income progress was broad and robust… Continue Reading

Two out of 3 people with invasive cancer are surviving 5 years or more

CDC press release: “Two out of 3 people diagnosed with cancer survive five years or more, according to a CDC study published in today’s Morbidity and Mortality Weekly Report. The report found that the most common cancer sites continue to be cancers of the prostate (128 cases per 100,000 men), female breast (122 cases per… Continue Reading

Economic Indicators

“Available from April 1995 forward, this monthly publication is prepared by the Council of Economic Advisers for the Joint Economic Committee. It provides economic information on gross domestic product, income, employment, production, business activity, prices, money, credit, security markets, Federal finance, and international statistics. Economic Indicators back to 1948 are made available through FRASER, the… Continue Reading

High-Frequency Measures of Information Risk

Brennan, Michael J. and Huh, Sahn-Wook and Subrahmanyam, Avanidhar, High-Frequency Measures of Information Risk (March 12, 2015). Available for download at SSRN: http://ssrn.com/abstract=2578168 “We estimate each day for each stock the conditional probabilities of informed trading on good and bad news in the spirit of Easley et al. (1996), and provide new evidence that these… Continue Reading

Greatest Threat to the Power Grid: Our Own Government

“Today, the Institute for Energy Research released a new study titled Assessing Emerging Policy Threats to the U.S. Power Grid as a continuation of the Story of Electricity initiative. The report finds that the greatest threats to our power grid are not physical or cyber attacks, but rather existing and upcoming Federal and State policies including subsidies, mandates,… Continue Reading

EBRI: Current U.S. Retirement Savings Deficit is $4.13 Trillion

“With the U.S. Senate Special Commi ttee on Aging holding a hearing [March 12] on “Bridging the Gap: How Prepared are Americans for Retirement ?” the nonpartisan Employee Benefit Research Institute (EBRI) is re-posting recent findings that the aggregate national retirement savings deficit is about $4.13 trillion for all U.S. households where the head of… Continue Reading

New on LLRX – Emerging roles and possible futures for librarians and information professionals

Via LLRX – Emerging roles and possible futures for librarians and information professionals. Author, professor, editor, librarian – Bruce Rosenstein’s article addresses the following critical questions – What professional roles do you play as a librarian/information professional? How have they changed during your career? And perhaps most important, how do you see them changing and… Continue Reading

Private industry employers spend $31.32 per hr for employee compensation in December 2014

BLS Employer Costs for Employee Compensation news release, March 11, 2015: “Private industry employers spent an average of $31.32 per hour worked for total employee compensation in December 2014, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $21.72 per hour worked and accounted for 69.4 percent of these costs, while benefits… Continue Reading

Strategic Management Guidance and Insider Trading Activities

Billings, Bruce K. and Buslepp, William L., Strategic Management Guidance and Insider Trading Activities (March 12, 2015). Journal of Accounting and Public Policy, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2577600 “We assess whether managers engage in ex ante strategic behavior when issuing earnings forecasts in a novel context. We posit that some managers provide inaccurate… Continue Reading