Mar 30, 2020
Chart of the Week, Career, Employment
Chart of the week now in presentation form with a chart, some questions and references. Enjoy!...
Mar 08, 2020
Interactive, Career, Employment
From Flowing Data comes a chart showing trends in job growth and decline over the past 4 decades. As you move the cursor over the graph, you can see what jobs correspond to the lines on the graph.
Here's a snapshot (click to go to the interactive chart)
Three fastest growing jobs since 1970? Three jobs that have seen greatest decline?
What jobs were most impacted by the Great Recession of 2008-09? Have they recovered to their pre-recession levels?
Focus on the last...
Mar 01, 2020
Ethics, Question of the Day, Career, Employment
Here were their five most common lies:
Mastery of skills they barely use (like Excel or a foreign language) - 60%
Working at company longer than they did to omit another employer - 50%
Having a higher GPA by 1/2 a point: 49%
Title inflation: 41%
Earning a degree from a prestigious university when they were a few credits short: 39%
Do you think it's ok to lie about your skills if you really, really want a job? Does it depend on what you are lying about?
Feb 24, 2020
Career, Question of the Day, Economics, Employment
What is the difference today in unemployment rates for those 22-27 year olds with a bachelor’s degree and those without?
What was this difference in 2010 following the Great Recession? Has the gap narrowed or widened between those with/without degrees?
Why do you think that having a college degree impacts an individual’s probability of getting a job?
Overall, what has been the trend in unemployment across all types of workers since 2010?
Feb 23, 2020
Career, Interactive, Employment, Paying for College
What are the employment prospects for the major that I am interested in?
How much can I expect to earn right after college based on my major?
What earnings can I expect in the middle of my career?
Will I need a graduate degree in the field I'm interested in?
These are just a few of the questions that students might ponder as they consider their college major. This interactive from the NY Fed provides this data and more on 70+ majors. Here's a sampling of the information provided...
Feb 09, 2020
Interactive, Career, Employment
A series of interactives from Flowing Data will help your students visualize how salaries vary between and within occupation groups. Useful for your career unit and also will work with math as it includes concepts such as median, percentiles and distributions.
The first interactive ranks occupations by median salary and provides a sense of the number of people within an occupation by the size of the bubble (click below to go directly to the interactive which allows you to scroll over each bubble...
Jan 26, 2020
The Census Bureau puts out some great data visualizations on a county-by-county level here.
Here's the Employment Status visualization which measures Unemployment Rate here (click on map for interactivity):
Study the legend to determine how the shading corresponds to the unemployment rate.
What are 2-3 patterns you see when you look at the map of the United States?
Are there specific states where you see that unemployment is extremely high or extremely low? ...
Jan 10, 2020
Employment, Economics, Investing, Paying for College
Your (Financial) Health
If you only have time to read one of these articles this week, make it this eye-opening piece from the Atlantic that digs into a research paper by economics from the St. Louis Fed on the college wealth premium—different from the income premium. (St. Louis Fed)
And then find a few minutes for this important read on how mental health issues can severely mpact your financial health. (Business Insider)
Is the Fed running out of tools to deal with a...
Dec 17, 2019
Chart of the Week, Career, Economics, Employment
From WSJ article:
Specialized job requirements have narrowed the path to the middle class that factory work once afforded. The new, more advanced manufacturing jobs pay more but don’t help workers who stopped schooling early. More than 40% of manufacturing workers have a college degree, up from 22% in 1991.
“The workers that remain do much more cognitively demanding jobs,” said David Autor, an economics professor at MIT.
Looking ahead, investments in automation will...
Oct 27, 2019
Career, Question of the Day, Employment
Thanks to Sonia for finding this chart!
Why do you think that people have such high trust in nurses?
Many of the lower trust professions are finance-related (bankers, real estate agents, car salespeople). What is it about those jobs that leads to this lack of trust?
How can you protect yourself in situations where you are buying a car or house and don't trust the car salesperson or real-estate agent?
Here's the ready-to-go slides for this...
Oct 15, 2019
Chart of the Week, Career, Employment, Insurance
Stumbled upon this visualization on the Census Bureau website which provides state level data on a variety of economic factors, including:
Commuting to work (mean travel time)
Computer and internet access
Education (percent of high school graduates)
Health insurance coverage
Here's the map with commute times by state:
Go through each of the economic factors listed for your state and list the data for your state (e.g., our state has a...
Sep 06, 2019
Current Events, Advocacy, Investing, Cryptocurrencies, Paying for College, Career, Employment
Liz Frazier pens a compelling piece for Forbes magazine listing five reasons personal finance should be taught in schools. She is preaching to the choir here, but perhaps her approach will get through to the general public, and one might find this a concise source of supporting arguments and statistics for your personal quest.
Carrie Schwab-Pomerantz explains her efforts as President of the Charles Schwab Foundation to promote financial literacy (Yahoo Finance)
An academic study out of...
Jul 04, 2019
Personal Finance, Behavioral Finance, Economics, Investing, Credit Cards, Employment
Happy 4th of July!! In case you aren't attending a cookout or don't like fireworks, you can get a jump on the weekend reading list!
From Investopedia – how to “Declare you own Financial Independence.”
Michelle Singletary offers some sage advice for how to handle a delicat situation—when a friend or loved one in financial dire straits asks to move in. (WAPO)
Cincinnati’s Julie Heath compares Ohio to the National results from the 2018 Financial...
Jun 21, 2019
Cryptocurrencies, Advocacy, Financial Literacy, Economics, Investing, Employment, Paying for College, Insurance
Happy Summer! It is officially here! And here is a list covering a wide range of topics for your reading pleasure this weekend.
The US Treasury (specifically, the Financial Literacy and Education Commission) is calling for colleges and universities to require financial literacy classes. Looks like $1.5 trillion in student debt has some folks worried. (CNBC) Here is the actual report.
Does it help your students to hear about sports stars ultimately making better...
Jun 02, 2019
Question of the Day, Career, Employment
5. Landscaper (est. $2,200/month)
4. Delivery driver (est. $2,300/month)
3. Dog walker (est. $2,500/month)
2. Golf caddy (est. $2,500/month)
1. Lifeguard (est. $2,800/month)
Do you have a summer job? If so, how did you get it?
How would you describe the local job market for teens for this summer? What are the most popular jobs for teens?
What do you think are the benefits of having a summer job?
If you have a summer job, do you have a savings goal for the...