Month: January 2015

FLSA OT report for Waste Management and Remediation Services

In this post, we look at the weekly overtime (OT) hours typically worked by those who work in Waste Management and Remediation Services.

Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week.

The tabulations below are based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.

Job Title Percent of OT Workers Average Hours of OT 1 out of every 4 (25%) OT workers works at least:
Waste Management and Remediation Services 30.57% 12 hours 56 hours

Source: BLS (CPS March)

Earnings report for Mathematics jobs

stem

In this post, we look at some average earnings typical for particular occupations in the math field. The tabulation below is based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing.

Mathematics STEM Salaries

Job Title Average Salary
Actuaries  $     111,742.30
Computer and Information Research Scientists  $        95,027.50
Sales Engineers  $        92,428.57
Operations research analysts  $        82,702.66
Insurance Underwriters  $        81,976.74

Source: BLS

Image source: http://fairmountinc.com/help-wanted-1-2-million-good-paying-jobs-available/

Our definition of STEM jobs: http://www.employstats.com/blog/2014/09/19/growing-national-interest-in-stem-fields-has-focused-our-research/

California innovation job openings increased from Sep to Oct

innovation

The number of job openings in California for “Innovation Type Jobs” increased from 24,023 in September 2014 to 25,675 in October 2014. The searcher-to-job opening ratio also decreased from 0.90 to 0.84 in the same span.

Innovation jobs definition: http://www.employstats.com/blog/2014/09/26/1233/

innovation_2014_10

Image source: http://www.bizjournals.com/sacramento/news/2013/09/23/symposium-innovation-ecosystems-jobs-wea.html

California STEM job openings increased from Sep to Oct

stem

The number of job openings in California for STEM (science, technology, engineering, math) jobs increased from 68,277 in September 2014 to 71,575 in October 2014. The searcher-to-job opening ratio decreased from 1.22 to 1.19 in the same span.

Our definition of STEM jobs: http://www.employstats.com/blog/2014/09/19/growing-national-interest-in-stem-fields-has-focused-our-research/

STEM_2014_10

Source: BLS

Image source: http://fairmountinc.com/help-wanted-1-2-million-good-paying-jobs-available/

FLSA OT report for Fruit and Vegetable Preserving and Specialty Food Manufacturing

In this post, we look at the weekly overtime (OT) hours typically worked by those who are in Fruit and Vegetable Preserving and Specialty Food Manufacturing.

Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week.

The tabulations below are based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.

Job Title Percent of OT Workers Average Hours of OT 1 out of every 4 (25%) OT workers works at least:
Fruit and Vegetable Preserving and Specialty Food Manufacturing 28.57% 10.67 hours 55 hours

Source: BLS (CPS March)

Texas innovation job openings increased from Sep to Oct

innovation

The number of job openings in Texas for “Innovation Type Jobs” increased from 12,534 in September 2014 to 13,568 in October 2014. The searcher-to-job opening ratio decreased from 0.75 to 0.68 in the same span.

innovation_2014_10

Innovation jobs definition: http://www.employstats.com/blog/2014/09/26/1233/

Source: BLS

Image source: http://www.americas.gecapital.com/insight-and-ideas/capital-perspectives/innovation-secrets-of-steve-jobs

Texas STEM job openings increased from Sep to Oct

STEM logo

The number of job openings in Texas for STEM (science, technology, engineering, math) jobs increased from 40,804 in September to 43,472 in October 2014. The searcher-to-job opening ratio decreased from 0.89 to 0.82 in the same span.

Our definition of STEM jobs: http://www.employstats.com/blog/2014/09/19/growing-national-interest-in-stem-fields-has-focused-our-research/

STEM_2014_10

 

Source: BLS

Image source: http://projecttomorrowblog.blogspot.com/2013/11/i-am-scientist.html

FLSA OT report for Plastics Product Manufacturing

In this post, we look at the weekly overtime (OT) hours typically worked by those who are in Plastics Product Manufacturing.

Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week.

The tabulations below are based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.

Job Title Percent of OT Workers Average Hours of OT 1 out of every 4 (25%) OT workers works at least:
Plastics Product Manufacturing 27.72% 9.32 hours 53.5 hours

Source: BLS (CPS March)

Medical care commodities inflate more than general inflation from Oct to Nov

cpi

general_inflation_2014_10

The consumer price index (CPI) went down from 37.909 in October 2014 to 237.428 in November 2014, an annualized rate of 3.08%.

 

medical_commodities_2014_11

 

medical_services_2014_11

 

The price index for medical care commodities went up at an annualized rate of 7.33% from October 2014 to November 2014. During the same period, the price index also increased for medical care services (4.78%), hospital and related services (2.98%), and professional services (6.05%).

Source: BLS

Image source: http://www.shutterstock.com/pic-54762670/stock-photo-background-concept-illustration-consumer-price-index.html