Posts Tagged ‘Bureau of Economic Analysis’
Per Capita Income Higher in Right To Work States
Cost of Living-Adjusted, After-Tax Income Per Capita More Than $2,400 Higher in Right to Work States Than in Forced-Unionism States An ever-growing mountain of scholarly research and countless Americans’ personal experience confirm that nominal income per capita, unadjusted for regional differences in cost of living, is quite misleading as a measure of living standards within…
Read MoreFactory Employee Compensation Growth Almost 1.5 Times as Fast in Right to Work States
Over the past five years manufacturing employment in the 22 states that had Right to Work laws on the books in2011 has grown by 5.9%, or roughly double the percentage increase in the current 24 states where compulsory union dues were still permitted. This analysis is based on U.S. Labor Department payroll jobs data recently…
Read MoreFederal Data Indicate Forced Unionism Helped Impoverish Monessen, Pa.
With Pennsylvania emerging as a potential “battleground” state in the fall 2016 presidential contest, the Trump and Clinton campaigns are both claiming they will, if elected, revive the fortunes of the former steel towns along the Monongahela River. Economically depressed Monessen, located 35 miles south of Pittsburgh, is a notable example. What went wrong in…
Read MoreRight to Work States Now Dominate U.S. Automotive Manufacturing
Though the U.S. Commerce Department’s Bureau of Economic Analysis has yet to issue its estimates for manufacturing output of motor vehicles, bodies and trailers, and parts manufacturing in the 50 states in 2013 (see the link below for data for previous years), it is already safe to say, based on 2012 data and ongoing trends,…
Read MoreRising Compensation For Public Servants Relies on a Growing Private Sector
Many proponents of small government may find it hard to believe that the total compensation of America’s private-sector employees grew more rapidly over the past decade than did the total compensation of state and local government employees. That is indeed what the data show — and the margin is not insignificant. However, the meaning of…
Read MoreFrom 2003-3013, Real Private-Sector Compensation Growth in Right to Work States Was Nearly Twice as Great as in Forced-Unionism States
Citing data released by the U.S. Commerce Department’s Bureau of Economic Analysis earlier the same day, on March 25 James Hohman of the Mackinac Center for Public Policy reported that, in the aggregate, personal income (unadjusted for inflation) grew by 2.8% last year in the 24 states with Right to Work laws on the books,…
Read MorePublic Servants Have Far Fewer Opportunities For Advancement in States With Pervasive Government Unionism
Most Americans today believe, with ample justification, that government is too big and tries to do too much, and therefore it may seem surprising at first that, according to new and revised data from the U.S. Commerce Department’s Bureau of Economic Analysis (BEA) published at the end of September, total state and local public employment…
Read MoreJob, Income Data Indicate Right to Work Laws Are Economically Beneficial
Moreover, the Burden of Economic Proof Should Be on Apologists For Compulsory Unionism As of the end of 2012, 22 states had Right to Work laws on the books prohibiting the termination of employees for refusal to pay dues or fees to an unwanted union for a decade or more. Twenty-seven states lacked Right to…
Read MoreRight to Work States’ Real Manufacturing GDP Increase For 2002-2012 More Than 50% Greater Than Forced-Unionism States’ Gain
Real GDP Even before the Great Recession of 2008-2009 brought a long period of low national unemployment rates in the U.S. to an abrupt end, concerns about a secular employment decline in the manufacturing sector were widespread. However, as many economists have pointed out, the decline of U.S. manufacturing employment is primarily a result…
Read MoreNo Matter How You Measure Jobs and Incomes, They’re Growing Faster in Right to Work States
State and Area Employment, Hours, and Earnings: Multi-Screen… State Annual Personal Income & Employment Early this week, the U.S. Commerce Department’s Bureau of Labor Statistics (BLS) issued its estimates for total 2012 private-sector payroll employment in the 50 states. The BLS simultaneously released other an array of other jobs data for 2012 and revised data…
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