In the aftermath of the Great Recession, the decades-long increase in the earnings of women who work full-time came to an end. In 2012, the median of $691 per week earned by women who work full-time in wage and salary employment was less than the $704 they earned in 2010, after adjusting for inflation. Women are joining men in the struggle to stay even. In 2012, their male counterparts earned a median of $854 per week, less than the $867 they earned in 2010 and the $861 they earned all the way back in 1979.
Over the years, the rise in women's earnings has kept American families afloat. With women and men now experiencing earnings stagnation or outright decline, household incomes have fallen. The $51,017 median household income of 2012 was more than $5,000 below the 1999 peak of $56,080, after adjusting for inflation.
For more about women's earnings, see the Bureau of Labor Statistics report Highlights of Women's Earnings in 2012 (PDF)
Thursday, October 31, 2013
Warm Feelings for Christians
Just how warmly do Americans feel toward religious groups? A survey by the Public Religion Research Institute asked respondents to rate religious groups using a "feeling thermometer" with a scale ranging from 1 (coldest) to 100 (warmest). A temperature of 51 or higher means the respondent feels warmer toward a group. A temperature of 1 to 49 means the respondent feels colder toward a group. If the feeling is neither warm nor cold, the rating would be 50. Here are the temperatures...
74.6 degrees for Christians
67.8 degrees for Jews
64.8 degrees for Catholics
43.0 degrees for atheists
42.4 degrees for Muslims
Interestingly, Americans on the whole feel cold toward atheists (43.0) but more warmly toward "non-religious people," whose temperature was a higher 56.1.
Source: Public Religion Research Institute, American Values Survey 2013
74.6 degrees for Christians
67.8 degrees for Jews
64.8 degrees for Catholics
43.0 degrees for atheists
42.4 degrees for Muslims
Interestingly, Americans on the whole feel cold toward atheists (43.0) but more warmly toward "non-religious people," whose temperature was a higher 56.1.
Source: Public Religion Research Institute, American Values Survey 2013
Wednesday, October 30, 2013
E-Book Reader Ownership: 2013
Twenty-four percent of Americans aged 16 or older owned an e-book reader as of September 2013, according to Pew Internet and American Life Project. A larger 35 percent own a tablet computer. Ownership trends show tablet computers are being adopted more readily than e-book readers.
- In December 2011, 10 percent of Americans owned each type of device.
- By November 2012, e-book reader ownership had climbed 9 percentage points to 19 percent. Tablet computer ownership had grown by a larger 15 percentage points to 25 percent.
- By September 2013, e-book ownership had increased by another 5 percentage points to 24 percent. Tablet computer ownership had grown twice as fast, rising by 10 percentage points to the current 35 percent.
Source: Pew Internet and American Life Project, Tablet and E-Reader Ownership Update
Tuesday, October 29, 2013
How to Stay Married
Go to college. Education, and in particular a college degree, appears to be the key to a long-lasting marriage, according to a study of marriage and divorce by the Bureau of Labor Statistics. Based on data from the National Longitudinal Survey of Youth 1979, which is tracking a cohort of Americans born between 1957 and 1964, the BLS found striking differences by educational attainment in the probability of a long-lasting marriage.
Among the ever-married in 2010-11 (when the cohort was aged 45 to 52), only 49 percent of those who went no further than high school were still in their first marriage. The figure was a much larger 69 percent among their counterparts with a bachelor's degree.
What accounts for these differences? Age at first marriage is one factor. The older the age at first marriage, the lower the probability of divorce. Young adults who spend time earning a degree marry at an older age than those who do not devote years to their education. Consequently, college graduates are more mature when they marry and less likely to divorce. Another factor is money. The less educated often have low earnings, leading to marital stress and a higher likelihood of divorce.
Source: Bureau of Labor Statistics, Marriage and Divorce: Patterns by Gender, Race, and Educational Attainment
Among the ever-married in 2010-11 (when the cohort was aged 45 to 52), only 49 percent of those who went no further than high school were still in their first marriage. The figure was a much larger 69 percent among their counterparts with a bachelor's degree.
What accounts for these differences? Age at first marriage is one factor. The older the age at first marriage, the lower the probability of divorce. Young adults who spend time earning a degree marry at an older age than those who do not devote years to their education. Consequently, college graduates are more mature when they marry and less likely to divorce. Another factor is money. The less educated often have low earnings, leading to marital stress and a higher likelihood of divorce.
Source: Bureau of Labor Statistics, Marriage and Divorce: Patterns by Gender, Race, and Educational Attainment
Monday, October 28, 2013
More about Computer Use for Leisure
Inspired by Scott Wallsten's excellent NBER study of how many hours per day people participate in the time use category "computer use for leisure," I took a look at the 2012 numbers from the American Time Use Survey. He's right: millions of Americans spend much of their leisure time online.
Keep in mind that the "computer use for leisure" category does not include gaming, emailing, watching television or videos, reading for personal interest, or work—all of which are coded separately. In fact, the "computer use for leisure" category is a remainder and most of it is social networking, web surfing, and search, according to Wallsten's analysis.
On an average day in 2012, fully 13 percent of people aged 15 or older spent leisure time online. By age, the figure ranges from a low of 9 percent (people aged 65-plus) to a high of 21 percent (15-to-19-year-olds). As Wallsten points out, those who go online spend a considerable amount of their leisure time on the computer. Here are the numbers for 2012...
Hours (and percent) of leisure time spent online by participants
Total, 15-plus: 1.61 (32%)
Aged 15 to 19: 1.39 (29%)
Aged 20 to 24: 2.29 (45%)
Aged 25 to 34: 1.38 (33%)
Aged 35 to 44: 1.34 (33%)
Aged 45 to 54: 1.56 (34%)
Aged 55 to 64: 1.65 (31%)
Aged 65-plus: 1.85 (27%)
Remember these figures do not include gaming. On an average day in 2012, a substantial 21 percent of 15-to-19-year-olds played games (a separate time use category that includes online gaming as well as board and card games). Those in the age group who played games devoted an astonishing 2.66 hours to gaming (55 percent of their leisure time!).
See my earlier post about Wallsten's study here, in which he determines the activities most likely to lose out because of all the time we spend online.
Keep in mind that the "computer use for leisure" category does not include gaming, emailing, watching television or videos, reading for personal interest, or work—all of which are coded separately. In fact, the "computer use for leisure" category is a remainder and most of it is social networking, web surfing, and search, according to Wallsten's analysis.
On an average day in 2012, fully 13 percent of people aged 15 or older spent leisure time online. By age, the figure ranges from a low of 9 percent (people aged 65-plus) to a high of 21 percent (15-to-19-year-olds). As Wallsten points out, those who go online spend a considerable amount of their leisure time on the computer. Here are the numbers for 2012...
Hours (and percent) of leisure time spent online by participants
Total, 15-plus: 1.61 (32%)
Aged 15 to 19: 1.39 (29%)
Aged 20 to 24: 2.29 (45%)
Aged 25 to 34: 1.38 (33%)
Aged 35 to 44: 1.34 (33%)
Aged 45 to 54: 1.56 (34%)
Aged 55 to 64: 1.65 (31%)
Aged 65-plus: 1.85 (27%)
Remember these figures do not include gaming. On an average day in 2012, a substantial 21 percent of 15-to-19-year-olds played games (a separate time use category that includes online gaming as well as board and card games). Those in the age group who played games devoted an astonishing 2.66 hours to gaming (55 percent of their leisure time!).
See my earlier post about Wallsten's study here, in which he determines the activities most likely to lose out because of all the time we spend online.
Sunday, October 27, 2013
Median Monthly Earnings by Age
The earnings of Americans are modest. Among those with earnings (wages, salaries, and self-employment), median monthly personal earnings range from a low of just over $1,000 per month for 15-to-24-year-olds to a high of $3,211 per month for 45-to-54-year-olds.
Median monthly personal earnings by age
Total, 15-plus: $2,598
Aged 15 to 24: $1,073
Aged 25 to 34: $2,531
Aged 35 to 44: $3,189
Aged 45 to 54: $3,211
Aged 55 to 64: $3,155
Aged 65-plus: $1,738
Source: Census Bureau, Income and Earnings Estimates, First Quarter 2012
Median monthly personal earnings by age
Total, 15-plus: $2,598
Aged 15 to 24: $1,073
Aged 25 to 34: $2,531
Aged 35 to 44: $3,189
Aged 45 to 54: $3,211
Aged 55 to 64: $3,155
Aged 65-plus: $1,738
Source: Census Bureau, Income and Earnings Estimates, First Quarter 2012
Friday, October 25, 2013
The Crowding Effect
"Birth-year cohort effects" explain why Americans born in the 1930s and 1940s have done better economically than those born in the 1950s and later, according to a study by the Federal Reserve Bank of St. Louis. In other words, size matters.
Turns out, being a member of a small generation can be good for the pocketbook. The baby bust of the Great Depression and World War II resulted in a small birth cohort that, because of its scarcity, enjoyed a lifetime of relatively higher earnings, lower house prices, and strong growth in asset prices compared to the bigger birth cohorts that came before and after. That explains why the large baby-boom generation doesn't measure up—it's the crowding effect. "It is plausible that Baby Boomers may have suffered from crowding in labor, housing, and financial markets," say the Fed researchers. "This may have resulted in unfavorable developments in income and wealth accumulation."
Unfortunately for boomers, the crowding effect is a life sentence: "It appears unlikely to us that Baby Boomers—who are just now entering retirement in large numbers—will enjoy incomes and wealth for given demographic characteristics as favorable as that enjoyed by pre-boomers," conclude the researchers.
Source: Federal Reserve Bank of St. Louis, Center for Household Financial Stability Working Paper, The Economic and Financial Status of Older Americans: Trends and Prospects
Turns out, being a member of a small generation can be good for the pocketbook. The baby bust of the Great Depression and World War II resulted in a small birth cohort that, because of its scarcity, enjoyed a lifetime of relatively higher earnings, lower house prices, and strong growth in asset prices compared to the bigger birth cohorts that came before and after. That explains why the large baby-boom generation doesn't measure up—it's the crowding effect. "It is plausible that Baby Boomers may have suffered from crowding in labor, housing, and financial markets," say the Fed researchers. "This may have resulted in unfavorable developments in income and wealth accumulation."
Unfortunately for boomers, the crowding effect is a life sentence: "It appears unlikely to us that Baby Boomers—who are just now entering retirement in large numbers—will enjoy incomes and wealth for given demographic characteristics as favorable as that enjoyed by pre-boomers," conclude the researchers.
Source: Federal Reserve Bank of St. Louis, Center for Household Financial Stability Working Paper, The Economic and Financial Status of Older Americans: Trends and Prospects
Thursday, October 24, 2013
Pew Probes Hispanic Identity
A Pew survey of the nation's Hispanics finds that the 54 percent majority usually identify themselves by their family's country of origin such as Mexican, Salvadoran, etc., rather than "Hispanic." Only 20 percent usually identify themselves as Hispanic, less than the 23 percent who usually identify themselves as simply "American."
When asked whether they prefer the term "Hispanic" or "Latino," half have no preference, 33 percent prefer Hispanic, and just 15 percent prefer Latino.
When asked whether they think of themselves as a typical American, the 49 percent plurality of Hispanics say yes. But a substantial 44 percent say they are very different from the typical American, a figure that climbs to 67 percent among those who immigrated to the United States in the past five years.
Source: Pew Research Hispanic Trends Project, Three-Fourths of Hispanics Say their Community Needs a Leader
When asked whether they prefer the term "Hispanic" or "Latino," half have no preference, 33 percent prefer Hispanic, and just 15 percent prefer Latino.
When asked whether they think of themselves as a typical American, the 49 percent plurality of Hispanics say yes. But a substantial 44 percent say they are very different from the typical American, a figure that climbs to 67 percent among those who immigrated to the United States in the past five years.
Source: Pew Research Hispanic Trends Project, Three-Fourths of Hispanics Say their Community Needs a Leader
"What Are We Not Doing When We're Online"
That is the provocative title of a study by Scott Wallsten of the Technology Policy Institute, which examines how much time Americans spend in "computer use for leisure" and what they're not doing because they're online. He has answers.
Using the American Time Use Survey (ATUS), which collects data on how a representative sample of Americans aged 15 or older spent their time, minute-by-minute, in the previous 24 hours, Wallsten calculates how online time correlates with time spent in other activities. He does this using the ATUS category "computer use for leisure," which excludes activities such as emailing, gaming, watching television and videos, reading, and working—all of which are coded under separate categories. What that leaves, then, is social networking, web surfing, and search. Americans are spending a growing amount of time in those activities. In 2011, the average person spent 13 minutes a day engaged in "computer use for leisure," or 4 percent of leisure time. That doesn't sound like much because it's an average. In fact, those who spend any amount of leisure time online devote roughly 100 minutes a day to the activity, says Wallsten, which is about one-third of their leisure time. And that means they aren't doing something else.
So what aren't they doing while online? They aren't watching television, for one. Online time has the biggest negative impact on time spent watching television and videos. The second largest negative impact is on socializing in traditional ways. Online leisure time also reduces time spent working, participating in educational activities, and sleeping.
Source: National Bureau of Economic Research, What Are We Not Doing When We're Online, Scott Wallsten, NBER Working Paper 19549, ($5)
Using the American Time Use Survey (ATUS), which collects data on how a representative sample of Americans aged 15 or older spent their time, minute-by-minute, in the previous 24 hours, Wallsten calculates how online time correlates with time spent in other activities. He does this using the ATUS category "computer use for leisure," which excludes activities such as emailing, gaming, watching television and videos, reading, and working—all of which are coded under separate categories. What that leaves, then, is social networking, web surfing, and search. Americans are spending a growing amount of time in those activities. In 2011, the average person spent 13 minutes a day engaged in "computer use for leisure," or 4 percent of leisure time. That doesn't sound like much because it's an average. In fact, those who spend any amount of leisure time online devote roughly 100 minutes a day to the activity, says Wallsten, which is about one-third of their leisure time. And that means they aren't doing something else.
So what aren't they doing while online? They aren't watching television, for one. Online time has the biggest negative impact on time spent watching television and videos. The second largest negative impact is on socializing in traditional ways. Online leisure time also reduces time spent working, participating in educational activities, and sleeping.
Source: National Bureau of Economic Research, What Are We Not Doing When We're Online, Scott Wallsten, NBER Working Paper 19549, ($5)
Wednesday, October 23, 2013
Emergency Department Visits by People Aged 65+
Older Americans are frequent visitors to hospital emergency departments. In a year's time, the emergency department visit rate is 511 for every 1,000 people aged 65 or older. On average, then, about half the elderly go to an emergency room in a year's time. But some are more likely to have an emergency than others, with the visit rate increasing with age...
Annual number of emergency department visits per 1,000 people
Aged 65 to 74: 398
Aged 75 to 84: 573
Aged 85-plus: 832
Source: National Center for Health Statistics, Emergency Department Visits by Persons Aged 65 and Over: United States, 2009-2010
Annual number of emergency department visits per 1,000 people
Aged 65 to 74: 398
Aged 75 to 84: 573
Aged 85-plus: 832
Source: National Center for Health Statistics, Emergency Department Visits by Persons Aged 65 and Over: United States, 2009-2010
Hype and Reality
Percent of all Americans who think the health insurance
exchange websites are working "fairly/very" well: 29%
Percent of health insurance exchange visitors who thought the
online exchange website was "fairly/very" easy to use: 56%
Source: Pew Research Center, Public Registers Bumpy Launch of Health Care Exchange Websites
exchange websites are working "fairly/very" well: 29%
Percent of health insurance exchange visitors who thought the
online exchange website was "fairly/very" easy to use: 56%
Source: Pew Research Center, Public Registers Bumpy Launch of Health Care Exchange Websites
Tuesday, October 22, 2013
Four Types of Retirees
Most Americans plan to work after they retire, according to an Associated Press-NORC survey of people aged 50 or older. When asked how likely it is that they will work for pay in retirement, the 59 percent majority say it is at least somewhat likely.
It's not surprising that a growing share of older workers plan to retire but keep working. A lengthy work life goes hand in hand with higher levels of education. A recent study by the Center for Retirement Research at Boston College finds higher levels of education accounting for most of the increase in the labor force participation of men aged 60 to 74.
With many older Americans struggling to afford any kind of retirement and others unwilling to give up a stimulating career, boomers are splitting apart. The split was uncovered by AARP in a probe of the attitudes of a nationally representative sample of workers aged 50 to 65 without a traditional pension. AARP's Retirement Attitudes Segmentation Survey found four types of retirees emerging:
It's not surprising that a growing share of older workers plan to retire but keep working. A lengthy work life goes hand in hand with higher levels of education. A recent study by the Center for Retirement Research at Boston College finds higher levels of education accounting for most of the increase in the labor force participation of men aged 60 to 74.
With many older Americans struggling to afford any kind of retirement and others unwilling to give up a stimulating career, boomers are splitting apart. The split was uncovered by AARP in a probe of the attitudes of a nationally representative sample of workers aged 50 to 65 without a traditional pension. AARP's Retirement Attitudes Segmentation Survey found four types of retirees emerging:
- Cautious clockwatchers are what you might call "traditional" retirees, accounting for 33 percent of the total. They are confident about their finances and plan to stop working completely in retirement and enjoy their leisure time.
- Day-to-day life embracers are what you might call "pragmatic" retirees and 27 percent of the total. They see retirement as a time to be creative but envision a gradual transition to ending their career because of ongoing financial needs.
- Proactive self-actualizers are what you might call "emeritus" retirees and 24 percent of the total. Highly educated and confident, they want to work in retirement because they love what they do.
- Doubters are what you might call "troubled" retirees and 17 percent of the total. They are least confident about their finances and do not envision retirement as a time of leisure.
Monday, October 21, 2013
Tablet Computer Ownership in 2013
Thirty-five percent of Americans aged 16 or older owned a tablet computer in September 2013, according to a Pew survey. This figure is up from 25 percent in November 2012. Here are ownership rates by age, race, and Hispanic origin...
Ownership of a tablet computer by age
Aged 16 to 17: 46%
Aged 18 to 29: 37%
Aged 30 to 49: 44%
Aged 50 to 64: 31%
Aged 65-plus: 18%
Ownership of a tablet computer by race and Hispanic origin
Asian: 50%
Black: 29%
Hispanic: 37%
Non-Hispanic white: 35%
Source: Pew Internet and American Life Project, Tablet and E-reader Ownership Update
Ownership of a tablet computer by age
Aged 16 to 17: 46%
Aged 18 to 29: 37%
Aged 30 to 49: 44%
Aged 50 to 64: 31%
Aged 65-plus: 18%
Ownership of a tablet computer by race and Hispanic origin
Asian: 50%
Black: 29%
Hispanic: 37%
Non-Hispanic white: 35%
Source: Pew Internet and American Life Project, Tablet and E-reader Ownership Update
Sunday, October 20, 2013
Cola or Coffee?
Cola it is! Cola is more popular than coffee in the average American household. When grocery shopping during an average week, 29 percent of households buy cola and a smaller 17 percent buy coffee, according to an analysis of the 2012 Consumer Expenditure Survey. In every age group, cola buyers outnumber coffee buyers.
Friday, October 18, 2013
Average Household Size Hits New Low in 2013
The average household was home to just 2.54 people in 2013, the smallest on record. The economic turmoil of the Great Recession barely disturbed the long-term decline in average household size. From 2.56 people in the average household in 2007, the figure inched up to 2.59 by 2010 and has fallen in every year since.
The powerful force shrinking the nation's households is the aging of the population. Millions of boomers are becoming empty nesters and others are becoming widowed. Among the 122 million households in the United States today, 61 percent are home to only one or two people.
Source: Census Bureau, Current Population Surveys
The powerful force shrinking the nation's households is the aging of the population. Millions of boomers are becoming empty nesters and others are becoming widowed. Among the 122 million households in the United States today, 61 percent are home to only one or two people.
Source: Census Bureau, Current Population Surveys
Thursday, October 17, 2013
35% Are Obese
The good news is that obesity has not increased in the past few years. The bad news is that more than one-third of American adults are not just overweight, but obese. These are the latest findings from the National Health and Nutrition Examination Survey, which measures the height and weight of a representative sample of Americans to determine weight status.
In all, 79 million adults were obese in 2011-12, defined as having a Body Mass Index of 30 or higher. Obesity peaks among 40-to-59-year-olds at 39.5 percent. It is a slightly lower 30.3 percent among 20-to-39-year-olds. Among people aged 60 or older, 35.4 percent are obese.
Source: National Center for Health Statistics, Prevalence of Obesity among Adults: United States, 2011-2012
In all, 79 million adults were obese in 2011-12, defined as having a Body Mass Index of 30 or higher. Obesity peaks among 40-to-59-year-olds at 39.5 percent. It is a slightly lower 30.3 percent among 20-to-39-year-olds. Among people aged 60 or older, 35.4 percent are obese.
Source: National Center for Health Statistics, Prevalence of Obesity among Adults: United States, 2011-2012
Wednesday, October 16, 2013
Americans Rate Online Education Poorly
A substantial 5 percent of Americans aged 18 or older, and 8 percent of 18-to-29-year-olds, are currently taking online courses, according to a Gallup survey. Despite the popularity of online education, most Americans disparage the results.
The 52 percent majority of the public rates the quality of online education as only fair or poor. In contrast, 68 percent say the quality of education offered by four-year colleges is good to excellent, and 64 percent feel positively about community colleges. When it comes to "providing a degree that will be viewed positively by employers," only 33 percent think an online degree is equivalent to a traditional degree and 49 percent think it is worse.
Source: Gallup, In U.S., Online Education Rated Best for Value and Options; Viewed as Weakest in Terms of Trusted Grading and Acceptance by Employers
The 52 percent majority of the public rates the quality of online education as only fair or poor. In contrast, 68 percent say the quality of education offered by four-year colleges is good to excellent, and 64 percent feel positively about community colleges. When it comes to "providing a degree that will be viewed positively by employers," only 33 percent think an online degree is equivalent to a traditional degree and 49 percent think it is worse.
Source: Gallup, In U.S., Online Education Rated Best for Value and Options; Viewed as Weakest in Terms of Trusted Grading and Acceptance by Employers
Tuesday, October 15, 2013
Before and After ACA: State by State
The number of Americans without health insurance will drop sharply in all but one state after the Affordable Care Act goes into effect in 2014. The Urban Institute calculates the numbers, and its analysis shows that the decline in the number of uninsured will range from 25 percent in Vermont to more than 50 percent in eight states The only state in which the uninsured are not expected to decline is Massachusetts, where a version of the ACA has been available to state residents for years. Only 4 percent of Massachusetts residents do not have health insurance.
The decline in the number of uninsured would be much greater if every state had adopted the Medicaid eligibility expansion as was intended by the ACA. Mississippi, one of 26 states to reject the expansion, will see only a 29 percent reduction in its 544,000 uninsured versus what would have been a 54 percent reduction if the state had expanded Medicaid. In fact, 28 states rather than just 8 would see at least a 50 percent reduction in their uninsured if every state had adopted the Medicaid expansion.
Source: Urban Institute, Eligibility for Assistance and Projected Changes in Coverage Under the ACA: Variation across States
The decline in the number of uninsured would be much greater if every state had adopted the Medicaid eligibility expansion as was intended by the ACA. Mississippi, one of 26 states to reject the expansion, will see only a 29 percent reduction in its 544,000 uninsured versus what would have been a 54 percent reduction if the state had expanded Medicaid. In fact, 28 states rather than just 8 would see at least a 50 percent reduction in their uninsured if every state had adopted the Medicaid expansion.
Source: Urban Institute, Eligibility for Assistance and Projected Changes in Coverage Under the ACA: Variation across States
Monday, October 14, 2013
2 Million Fewer Nuclear Families
The Great Recession and its aftermath changed the lives of young adults, and the nation is experiencing the consequences. The number of nuclear families (married couples with children under age 18) is shrinking because young adults are postponing marriage and childbearing, creating a new baby bust and driving the median age at first marriage to a record high.
In 2013, there were 25 million nuclear families, down from 27 million in 2007. Today, only 21 percent of the nation's households are headed by married couples with children under age 18. A larger 27 percent are headed by people who live alone.
Source: Census Bureau, Current Population Survey (currently unavailable due to government shutdown)
In 2013, there were 25 million nuclear families, down from 27 million in 2007. Today, only 21 percent of the nation's households are headed by married couples with children under age 18. A larger 27 percent are headed by people who live alone.
Source: Census Bureau, Current Population Survey (currently unavailable due to government shutdown)
Friday, October 11, 2013
Default Rate Rises on Student Loans
More borrowers are defaulting on their student loans, according to the U.S. Department of Education. The three-year cohort default rate on student loans climbed from 13.4 to 14.7 percent between FY 2009 and FY 2010. The rate is calculated based on the cohort of borrowers whose loans entered repayment between October 1, 2009 and September 30, 2010 (FY 2010). During that time, more than 4 million borrowers entered repayment and 600,000 defaulted before September 30, 2012.
Among borrowers who attended for-profit institutions, the three-year cohort default rate was a hefty 21.8 percent. Public institutions had a lower default rate of 13.0 percent. Private nonprofit institutions had the lowest default rate—a still substantial 8.2 percent.
Source: Department of Education, Default Rate Continues to Rise for Federal Student Loans
Among borrowers who attended for-profit institutions, the three-year cohort default rate was a hefty 21.8 percent. Public institutions had a lower default rate of 13.0 percent. Private nonprofit institutions had the lowest default rate—a still substantial 8.2 percent.
Source: Department of Education, Default Rate Continues to Rise for Federal Student Loans
Thursday, October 10, 2013
Health Status Decline: 2000 to 2012
The self-reported health status of Americans is continuing to decline. Among people aged 18 or older in 2012, only 52 percent say they are in "very good" or "excellent" health. The figure was 56 percent in 2000.
The overall decline in health status is not surprising given the aging of the population. The percentage who report being in very good or excellent health falls with age from a high of 63 percent among 18-to-24-year-olds to a low of 41 percent among people aged 65 or older. But there's more to it than that, because younger adults are experiencing the greatest decline. The share of 25-to-44-year-olds who are in very good or excellent health fell by 8 to 9 percentage points between 2000 and 2012. Meanwhile, the share of people aged 65 or older who are in very good or excellent health grew by 4.5 percentage points during those years.
Percent who report "very good" or "excellent" health in 2012
(and percentage point change since 2000)
Aged 18 to 24: 63.1% (-0.7)
Aged 25 to 34: 58.2% (-8.9)
Aged 35 to 44: 54.8% (-8.4)
Aged 45 to 54: 51.5% (-4.9)
Aged 55 to 64: 47.5% (-1.6)
Aged 65-plus: 40.7% (4.5)
Source: CDC, Behavioral Risk Factor Surveillance System, Prevalence and Trends Data
The overall decline in health status is not surprising given the aging of the population. The percentage who report being in very good or excellent health falls with age from a high of 63 percent among 18-to-24-year-olds to a low of 41 percent among people aged 65 or older. But there's more to it than that, because younger adults are experiencing the greatest decline. The share of 25-to-44-year-olds who are in very good or excellent health fell by 8 to 9 percentage points between 2000 and 2012. Meanwhile, the share of people aged 65 or older who are in very good or excellent health grew by 4.5 percentage points during those years.
Percent who report "very good" or "excellent" health in 2012
(and percentage point change since 2000)
Aged 18 to 24: 63.1% (-0.7)
Aged 25 to 34: 58.2% (-8.9)
Aged 35 to 44: 54.8% (-8.4)
Aged 45 to 54: 51.5% (-4.9)
Aged 55 to 64: 47.5% (-1.6)
Aged 65-plus: 40.7% (4.5)
Source: CDC, Behavioral Risk Factor Surveillance System, Prevalence and Trends Data
Wednesday, October 09, 2013
Estimating the Size of the LGBT Population
"Do you consider yourself to be heterosexual?"
Because their sample was not representative of Americans as a whole, the researchers did not attempt to ascertain the LGBT share of the population. Instead, the study sought to show how survey methodology affects self-reports of LGBT identity. Interestingly, the veiled methodology also revealed greater anti-gay sentiment than is found in surveys that ask about anti-gay feelings directly. "Our finding that there is stigma attached to reporting anti-gay sentiments is perhaps even more surprising," conclude the authors.
Source: National Bureau of Economic Research, The Size of the LGBT Population and the Magnitude of Anti-gay Sentiment Are Substantially Underestimated, NBER Working Paper 19508 ($5)
Tuesday, October 08, 2013
Women Are Not the Majority of the American Labor Force
How can so many people get this so wrong? The latest example is in a recent New York Times op-ed, where Stephen D. King (chief economist at HSCB!) writes: "Women now make up the majority of the American labor force."
No they do not. In 2012, women accounted for 46.9 percent of the American labor force. Of the 155 million in the labor force, there were 73 million women and 82 million men. Men account for the 53.1 percent majority of the American labor force.
No they do not. In 2012, women accounted for 46.9 percent of the American labor force. Of the 155 million in the labor force, there were 73 million women and 82 million men. Men account for the 53.1 percent majority of the American labor force.
Less Time with the News
Younger generations spend less time than older adults following the news, and over the years the differential has not diminished. Since 2004, Pew Research Center has been tracking the number of minutes per day each generation spends watching, reading, or listening to the news. Here are the averages in 2012...
Average minutes per day following the news
Millennials: 46
Generation X: 66
Baby Boomers: 77
Older Americans: 84
Interestingly, these numbers have barely changed since 2004. "Today's younger and middle-aged audience seems unlikely to ever match the avid news interest of the generation they will replace, even as they enthusiastically transition to the Internet as their principal source of news," concludes Pew.
Source: Pew Research Center, Pew Research Surveys of Audience Habits Suggest Perilous Future for News
Average minutes per day following the news
Millennials: 46
Generation X: 66
Baby Boomers: 77
Older Americans: 84
Interestingly, these numbers have barely changed since 2004. "Today's younger and middle-aged audience seems unlikely to ever match the avid news interest of the generation they will replace, even as they enthusiastically transition to the Internet as their principal source of news," concludes Pew.
Source: Pew Research Center, Pew Research Surveys of Audience Habits Suggest Perilous Future for News
Monday, October 07, 2013
The Public Library
Percentage of Americans aged 18 or older who visited a public library in the past year: 60%.
Source: 2012 General Social Survey
Source: 2012 General Social Survey
How to Access Census Data During Shutdown
Received this email over the weekend...
The current shutdown in Washington is limiting the access that scholars and researchers have to vital materials, including the US Census website. To that end, Oxford University Press and the Social Explorer team will open up access to Social Explorer – the premier US Census demographics website – for the next two weeks. Social Explorer provides access to the US Census data from 1790 to 2010 and to the American Community Survey from 2005 through 2012.
For access to Social Explorer, simply email onlinereference@oup.com to request a username and password.
About Social Explorer: http://www.youtube.com/watch?v=sJfh7h1IpjY
Social Explorer provides quick and easy access to current and historical census data and demographic information. The easy-to-use web interface lets users create maps and reports to illustrate, analyze, and understand demography and social change. In addition to its comprehensive data resources, Social Explorer offers features and tools to meet the needs of demography experts and novices alike. From research libraries to classrooms to government agencies to corporations to the front page of the New York Times, Social Explorer helps the public engage with society and science.
Friday, October 04, 2013
Dental Emergencies
Number of emergency room visits for dental problems among people under age 65...
1999-2000: 1.0 million
2009-2010: 2.3 million
Among all emergency room visits in 2009-10 by people under age 65, a substantial 2.1 percent were for dental problems. Among 18-to-44-year-olds, the figure was a larger 3.2 percent.
Source: CDC, QuikStats: Percentage of Emergency Department (ED) Visits that were Dental-Related among Persons Aged under 65 Years, by Age Group—National Hospital Ambulatory Care Survey, 1999-2000 to 2009-2010
1999-2000: 1.0 million
2009-2010: 2.3 million
Among all emergency room visits in 2009-10 by people under age 65, a substantial 2.1 percent were for dental problems. Among 18-to-44-year-olds, the figure was a larger 3.2 percent.
Source: CDC, QuikStats: Percentage of Emergency Department (ED) Visits that were Dental-Related among Persons Aged under 65 Years, by Age Group—National Hospital Ambulatory Care Survey, 1999-2000 to 2009-2010
Thursday, October 03, 2013
Boomer Retirements Are Boosting Job Openings
Myth: Boomers are delaying retirement and preventing young adults from finding jobs.
Reality: Job openings created by boomer retirees are greater than in the past.
Although boomers are delaying retirement, the large size of the generation means those who do retire are creating more job openings than the previous generation of retirees, according to a study by Georgetown University Center on Education and the Workforce. Between 1994 and 2003, retirements created 8 million job openings—or 18 job openings per 100 young adults (aged 18 to 29). During the 2012 to 2021 decade, boomer retirements will create a larger 14 million job openings—or 28 job openings per 100 young adults.
"By the end of the baby boom retirement phase over the next 15 years, the problem won't be lack of job openings, but not enough workers with the necessary skills to fill those openings," concludes the study.
Source: Georgetown University Center on Education and the Workforce, Failure to Launch: Structural Shift and the New Lost Generation
Reality: Job openings created by boomer retirees are greater than in the past.
Although boomers are delaying retirement, the large size of the generation means those who do retire are creating more job openings than the previous generation of retirees, according to a study by Georgetown University Center on Education and the Workforce. Between 1994 and 2003, retirements created 8 million job openings—or 18 job openings per 100 young adults (aged 18 to 29). During the 2012 to 2021 decade, boomer retirements will create a larger 14 million job openings—or 28 job openings per 100 young adults.
"By the end of the baby boom retirement phase over the next 15 years, the problem won't be lack of job openings, but not enough workers with the necessary skills to fill those openings," concludes the study.
Source: Georgetown University Center on Education and the Workforce, Failure to Launch: Structural Shift and the New Lost Generation
Wednesday, October 02, 2013
Why Are More Older Men Working?
The labor force participation rate of men aged 60 to 74 climbed from 33 percent in 1993 (a post-World-War-II low) to 44 percent in 2010. What accounts for this 11 percentage point increase? Are older men more likely to work because they haven't saved enough for retirement, or is it something else?
Most of the rise is accounted for by something else, according to a study by the Center for Retirement Research at Boston College. That something else is their higher educational attainment. The greater educational attainment of men aged 60 to 74 accounts for most of the increase in their labor force participation over the past few decades.
Source: Center for Retirement Research, Can Educational Attainment Explain the Rise in Labor Force Participation at Older Ages?
Most of the rise is accounted for by something else, according to a study by the Center for Retirement Research at Boston College. That something else is their higher educational attainment. The greater educational attainment of men aged 60 to 74 accounts for most of the increase in their labor force participation over the past few decades.
Source: Center for Retirement Research, Can Educational Attainment Explain the Rise in Labor Force Participation at Older Ages?
More on the Government Shutdown
For a list of government statistical agencies that have been shut down, their web sites no longer accessible, see Pew's Federal Government Shutdown: The Data Casualties. For social scientists, not having access to these important data collections is a throwback to the pre-Internet 1980s, when we depended on paper documents. But this time, there's no paper trail.
Tuesday, October 01, 2013
Tracking the Uninsured Before and After ACA
Today is the first day of a new relationship between Americans and their health insurance. From now on, every American will be able to obtain health insurance and will be required to have it. How will the uninsured react to the Affordable Care Act, whose open enrollment period begins today? Thanks to the efforts of the Kaiser Family Foundation, we will know the answer.
Last summer, Kaiser fielded a baseline survey of a representative sample of uninsured 19-to-64-year-olds in the nation's most populous state, California. Kaiser plans to field three subsequent waves of the survey in 2014 and 2015, tracking the attitudes and behavior of the uninsured as they make their choices (or not) regarding health insurance.
So what were California's uninsured thinking in the summer of 2013, before health insurance became available to them? Eight out of ten believed they needed health insurance, and most also believed health insurance was worth the money. Most knew the Affordable Care Act would require them to obtain health insurance, and the 52 percent majority said they would get health insurance in 2014 as required. Of those who said they would not get health insurance, most thought it would be too expensive.
Stay tuned. In subsequent surveys we will find out how many of the uninsured bought health insurance, how they feel about the health insurance exchanges and the cost of insurance, and whether having health insurance has provided them with a greater sense of financial security.
Source: Kaiser Family Foundation, California's Uninsured on the Eve of ACA Open Enrollment
Last summer, Kaiser fielded a baseline survey of a representative sample of uninsured 19-to-64-year-olds in the nation's most populous state, California. Kaiser plans to field three subsequent waves of the survey in 2014 and 2015, tracking the attitudes and behavior of the uninsured as they make their choices (or not) regarding health insurance.
So what were California's uninsured thinking in the summer of 2013, before health insurance became available to them? Eight out of ten believed they needed health insurance, and most also believed health insurance was worth the money. Most knew the Affordable Care Act would require them to obtain health insurance, and the 52 percent majority said they would get health insurance in 2014 as required. Of those who said they would not get health insurance, most thought it would be too expensive.
Stay tuned. In subsequent surveys we will find out how many of the uninsured bought health insurance, how they feel about the health insurance exchanges and the cost of insurance, and whether having health insurance has provided them with a greater sense of financial security.
Source: Kaiser Family Foundation, California's Uninsured on the Eve of ACA Open Enrollment
Correction: This is Worse than a Sad Day
It's a nightmare. This is what happens when you go to census.gov:
http://outage.census.gov/closed.html
Due to the lapse in government funding, census.gov sites, services, and all online survey collection requests will be unavailable until further notice.
No income statistics. No housing statistics. No population statistics. No state or local area statistics. Nada. Nothing.
http://outage.census.gov/closed.html
Due to the lapse in government funding, census.gov sites, services, and all online survey collection requests will be unavailable until further notice.
No income statistics. No housing statistics. No population statistics. No state or local area statistics. Nada. Nothing.
This is a Sad Day for Demographers
From the CDC:
Due to the lapse in government funding, only web sites supporting excepted functions will be updated unless otherwise funded. As a result, the information on this website may not be up to date, the transactions submitted via the website may not be processed, and the agency may not be able to respond to inquiries until appropriations are enacted.
From childstats.gov:
Due to a lapse of appropriations and the partial shutdown of the Federal Government, the systems that host childstats.gov have been shut down. Services will be restored as soon as a continuing resolution to provide funding has been enacted.
From the USDA Economic Research Service:
Due to the lapse in federal government funding, this website is not available.
We sincerely regret this inconvenience.
After funding has been restored, please allow some time for this website to
become available again.