Category: U.S. Economy

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

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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/

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)

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)

Earnings report for Engineering jobs

stem

In this post, we look at some average earnings typical for particular occupations in the engineering 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.

Engineering STEM Salaries

Job Title Average Salary
Computer Hardware Engineers  $     100,035.90
Aerospace Engineers  $        94,492.37
Chemical engineers  $        93,862.07
Electrical and electronic engineers  $        90,567.73
Civil Engineers  $        88,076.48

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/

FLSA OT report for Support Activities for Mining

In this post, we look at the weekly overtime (OT) hours typically worked by those who are in the support activities for mining subsector. This subsector is part of the mining, quarrying, and oil and gas extraction sector, and is further defined below by the Bureau of Labor Statistics (BLS):

“Industries in the Support Activities for Mining subsector group establishments primarily providing support services, on a contract or fee basis, required for the mining and quarrying of minerals and for the extraction of oil and gas. Establishments performing exploration (except geophysical surveying and mapping) for minerals, on a contract or fee basis, are included in this subsector. Exploration includes traditional prospecting methods, such as taking core samples and making geological observations at prospective sites.”

-North American Industry Classification System

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:
Support Activities for Mining 50.19% 22.55 hours 80 hours

Source: BLS (CPS March)

Earnings report for Technology jobs

stem

In this post, we look at some average earnings typical for particular occupations in the technology 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.

Technology STEM Salaries

Job Title Average Salary
Software Developers, Applications and Systems Software  $        93,227.46
Computer Systems Analysts  $        83,334.38
Computer Programmers  $        82,647.55
Computer Occupations, All Other  $        65,948.52
Computer support Specialists  $        58,163.96

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/

Beginning stages of expanding econometric model of worklife expectancy by Millimet, D. Nieswiadomy, M. & Slottje, D.

Worklife expectancy is one of the most significant variables employed by economists to calculate the monetary award in cases involving wrongful death or personal injury. We are in the progress of updating the econometric model of worklife expectancy of Millimet et al.

In the coming days and weeks we will be reporting on our progress and providing output tables as we produce them.

Some woklife expectancy references:

Flinn C.J. & Heckman J.J. (1982) “New Methods for Analyzing Structural Models of Labor Force Dynamics” Advances in Econometrics.

Millimet, D., Nieswiadomy, M., Ryu, H. & Slottje, D. (2003). “Estimating worklife expectancy: an econometric  approach.”  Journal of Econometrics.

Millimet, D. Nieswiadomy, M. & Slottje, D. (2010). “Detailed Estimation of Worklife Expectancy for the Measurement of Human Capital: Accounting for Marriage and Family.” Journal of Economic Surveys.

Nelson, D. (1983). “The use of worklife tables in estimates of lost earning capacity.” Monthly Labor Review.

Nieswiadomy, M., and Silberberg, E. (1988). “Calculating Changes in Worklife Expectancies and Lost Earnings in Personal Injury Cases.” The Journal of Risk and Insurance.  

Skoog, G. R. and Ciecka, J.E. (2001). “The Markov (Increment-Decrement) Model of Labor Force Activity: New Results beyond Work-Life Expectancies.” Journal of Legal Economics.

 

 

 

 

Earnings report for Science jobs

stemIn this post, we look at some average earnings typical for particular occupations in the science 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.

Science STEM Salaries

Job Title Average Salary
Physician Assistants  $     108,837.21
Pharmacists  $        96,866.57
Biological Scientists  $        67,490.59
Registered Nurses  $        62,350.85
Phlebotomists  $        31,295.76

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/