Workforce Development News – Dec. 21, 2015

By on December 21, 2015
The U.S. Economy Is Doing Only Half Its Job

A weekly collection of interesting, insightful, and innovative articles on workforce development, employment and training, business performance improvement, leadership, higher education, and the economy.

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The Workforce Solutions Group of St. Louis Community College leverages education for growth in the knowledge economy by offering programs and services designed to advance people, businesses and communities. We are located at the Corporate College, a state of the art facility solely dedicated to corporate education and professional development.
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The U.S. Economy Is Doing Only Half Its Job

“Compensation isn’t keeping pace with profits.” Find out how in seven charts.
https://hbr.org/2015/12/the-u-s-economy-is-doing-only-half-its-job

Six Million Missing Jobs: The Lingering Pain of the Great Recession

“Since the recovery began in 2010, the economy has created 10.6 million jobs, but is still 6.4 million jobs short of where it would have been had the Great Recession not occurred.”
https://cew.georgetown.edu/cew-reports/missingjobs/

Worrying Declines in Teen and Young Adult Employment

“Labor force participation and employment rates continue to trend downward, as do median annual earnings. The decline in labor force participation and employment rates was particularly pronounced among teens, and among young adults, those without post-secondary credentials fared the worst.”
http://www.brookings.edu/research/papers/2015/12/16-declines-in-teen-and-young-adult-employment-ross-svajlenka

Where the Jobless Rate Is 2.3%, Here’s What Happened to Wages

“How tight does the labor market have to get before wages really start heating up?”
http://blogs.wsj.com/economics/2015/12/18/where-the-jobless-rate-is-2-3-heres-what-happened-to-wages/

Prepare to Find Internships as a Community College Student

“Getting work experience that relates to their area of study should be a priority for community college students.”
http://www.usnews.com/education/community-colleges/articles/2015-12-15/prepare-to-find-internships-as-a-community-college-student

A Brief History of U.S. Inflation Since 1775

“Over the past 240 years, the rate of inflation has been much higher and much lower than it is today. And what’s changed even more is the extent to which economists thought they understood why prices were rising.”
http://blogs.wsj.com/economics/2015/12/14/a-brief-history-of-u-s-inflation-since-1775/

Your Employees’ 9 Levels of Social Media Engagement

“How to identify how far a staffer has progressed and provide the most effective training to bolster their engagement.”
http://www.ragan.com/Main/Articles/50527.aspx

The 5 Numbers of Life

“No matter what life — and business — throws your way, these five things should rule all else.”
http://www.talentmgt.com/articles/7694-a-gift-for-2016-the-5-numbers-of-life

The Best Drone Photography of 2015, From All Over The World

“Drones are becoming an increasingly accessible way to get a new perspective on the world, there literally are no physical limits as to where a shot can take place anymore.”
http://mashable.com/2015/12/16/best-drone-photos-of-the-year/

Don’t be intimidated by what you don’t know. That can be your greatest strength and ensure that you do things differently from everyone else.” – Sara Blakely

About Richard Schumacher

Richard Schumacher is the technology manager for the Workforce Solutions Group of St. Louis Community College. He connects, designs, and applies technology to meet business user needs with eLearning, training, web content, instructional design, IT system, and performance improvement solutions. Richard is a Microsoft Certified Trainer (MCT) and has held Microsoft Certifications since 1993. Learn more about Richard by following him: LinkedIn - Twitter - Google+ - Articles - Email

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