Category: Employment

NGPF Speaker Series: Ryan Craig and Eric Tyson Discuss Innovative Alternatives To College

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Jul 24, 2020
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Podcasts, Entrepreneurship, Employment, Paying for College
The NGPF Community was fortunate to have an amazing set of speakers this week for our latest installment of the NGPF Speaker Series. Venture Investor Ryan Craig joined personal finance guru Eric Tyson to discuss both alternatives to college and for those choosing the college pathway, strategies to keep the cost of that degree to a minimum.    Here's some of the feedback from the teachers who attended the live event: "Incredibly eye-opening session about alternatives to colleges."...

Reading List for July 10-12

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Jul 10, 2020
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Current Events, Employment, Investing, Taxes
Income and Budgeting (pandemic-related) A survey by Bankrate conducted in late June yielded some dire if not unexpected statistics about the impact of the pandemic on incomes. 49% of those polled said the pandemic has negatively impacted their income. Of those negatively impacted, only 17% were back to normal at the time of the survey, and 59% feel it will take longer than three months to recover. 45% were not impacted. This WSJ (subscription) article has lots of great statistics/graphs...

Question of the Day: Does a worker's level of education become MORE or LESS important during an economic slowdown (recession)?

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May 13, 2020
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Question of the Day, Employment, Research, Career
This sharp and sudden economic downturn demonstrates how impacts on employment are felt differently based on the level of education.  Answer: More important In just two months between February and April 2020, watch how unemployment rates varied dramatically based on level of education: Unemployment analysis (source: FRED) Questions What is the relationship between level of education and unemployment rates?  Why do you think this relationship exists? Why does more education tend to...

Chart of the Week: What industries are most impacted by the economic shutdown due to coronavirus?

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May 12, 2020
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Career, Chart of the Week, Employment, Research, Current Events
Questions: What 3 industries had the largest NUMBER of unemployed persons in April?  What 3 industries have the LOWEST unemployment rates in April? Why do you think those industries were least impacted by the coronavirus?   In analyzing the change in unemployment rates between March and April, do you think this pandemic has impacted narrow sectors of the economy or had more widespread impact?  The report indicates that about 80% have identified themselves as being...

Reading List for May 8-10

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May 08, 2020
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Current Events, Employment, Economics, Investing, Student Loans, Personal Finance
The country took time to recognize some VIPS this week: Teachers and Nurses, and Mothers will have their day on Sunday.  “Thank You” seems an inadequate expression of our gratitude, especially now! You (teachers) inspire me with your energy, creativity, and agility in providing quality instruction and heartfelt support for your students during this challenging time.   And now for the reading list:   Unemployment Unemployment reached historic levels in April of 14.7%....

NEW! NGPF Economics Resource Directory

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Apr 26, 2020
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Economics, Activity, Employment, Entrepreneurship, Current Events
Thanks to NGPF Fellow James Redelsheimer of Robbinsdale Armstrong High School (Plymouth, Minnesota) for his work creating this comprehensive directory for teachers looking for NGPF resources that weave Economics and Personal Finance together. By categorizing 150 NGPF resources into 11 Economic topics, this directory makes it easy for Economics teachers to find activities that are current, relevant and engaging for students.  Here's the table of contents (click to go directly to the...

Reading List for April 24-26

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Apr 24, 2020
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Current Events, Economics, Investing, Employment
Happy Weekend!  Hope you all will enjoy spring weather, while here in the Cleveland area we have seen snow flurries for the last three days!   Economics/Employment Pick your medium for info on the new unemployment claims figure yesterday from Yahoo Finance: Video, or an article on unemployment explaining “continuing claims”—which lags by one week. Have we bottomed out? (Will things stop getting worse, even if they don’t get better?) (Yahoo Finance) USA...

Chart of the Week: What jobs will be most impacted by the coronavirus?

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Apr 20, 2020
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Chart of the Week, Career, Employment
From McKinsey:  Questions: Thinking about the companies/industries in your community, how much of an impact will COVID-19 have on your local economy? There were about 159 million jobs in the U.S. economy in February. McKinsey has provided a range of overall jobs that are vulnerable at the top of the chart. What percent of overall jobs in the economy are considered vulnerable? McKinsey indicates that 2-3 million new jobs will be created in the short-term. What types of jobs do you think...

Chart of the Week: What is this chart measuring?

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Mar 30, 2020
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Chart of the Week, Career, Employment
Chart of the week now in presentation form with a chart, some questions and references. Enjoy!...

Interactive Monday: Fastest Growing Jobs since 1970

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Mar 08, 2020
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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) Questions: 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...

Question of the Day: What percent of job seekers lie during the hiring process?

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Mar 01, 2020
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Ethics, Question of the Day, Career, Employment
Answer: 78% 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% Questions: 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? What's the...

[Update] Question of the Day: What’s the current unemployment rate for 22-27 year-olds who graduated from a four-year college?

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Feb 24, 2020
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Career, Question of the Day, Economics, Employment
Answer: 3.9% Questions: 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? Click here...

Interactive Monday: Career Outcomes by College Major

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Feb 23, 2020
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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...

Interactive Monday: Visualizing salaries for hundreds of occupations

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Feb 09, 2020
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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...

Interactive Monday: What's the Unemployment Rate in Your County?

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Jan 26, 2020
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Interactive, Employment
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):  Questions: 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? ...