What can a jack-o’-lantern tell you about your state’s labor market? Chernoff faces are designed to display multiple variables as facial expressions, but in honor of Halloween we’ve created Chernoff jack-o’-lanterns.
For programs less than two years in length, more students have been opting for awards that take less than a year to complete. The NCES tracks two levels of awards lower than an associate’s degree: (1) certificates less than one year and (2) certificates more than one year but less than two years. From 2012 to 2016, completions for certificates between one and two years in length declined 12.6% while completions for certificates less than one year in length expanded 4.9%.
As Halloween approaches, U.S. consumers are seeing some savings as they purchase candy for October 31st. The Consumer Price Index (CPI) measures the changing cost of goods and services over time. While the CPI for all goods is commonly known as a measure of inflation, we can use subsets of CPI data to track the price changes of specific goods, such as candy and chewing gum. The price of candy this time of year is the lowest it’s been since 2014. If consumers spend the same amount on candy as the past two years, this may translate to more sweets for trick-or-treaters!
2017 has been a very active hurricane season. Some analysts argue Hurricane Harvey will be one of the most costly natural disasters in history. As a region is preparing for a category 4 hurricane such as Harvey, businesses close down and most people evacuate. When some businesses are destroyed during the hurricane, a rise in unemployment follows.
- Job Growth
Changes in Labor Statistics Signal Major Occupational Shifts and Impact to Higher Education Credentials
WASHINGTON, D.C. – October 12, 2017 – A joint research report released today by UPCEA and Chmura Economics & Analytics reveals a number of major occupational shifts in technology, healthcare, and other industries and their impact on higher education. The study, Occupational Shifts and Higher Education Credentials found a rise in alternative credentialing in the form of certificates, short-term courses, licensing, badges and micro-credentials among adult learners as well as traditional students.