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Supreme Court strikes down most of Trump's tariffs in a major blow to the president; AL nursing apprenticeships help close gaps in profession; The future of construction: University of Washington's living structures; Shining the spotlight on caregivers in Michigan and the nation.

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President Trump gives Iran a timeline on diplomacy amid stalled nuclear talks. Americans feel the pinch of higher prices, despite Trump's assertion that tariffs are working as expected and a former DHS official says enforcement is off the rails.

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An Illinois university is trying to fill gaps in the nationwide pharmacy shortage, Alabama plans to address its high infant mortality rate using robots in maternal care and neighbors helping neighbors is behind a successful New England weatherization program.

Report: Job Growth Slow, Steady, but Not Stable Enough

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Wednesday, December 16, 2015   

SEATTLE - For people looking for work or a better job, one expert says a possible Federal Reserve Board move to raise its key interest rate for the first time in almost a decade isn't great news.

The Georgetown University Center on Education and the Workforce just released a report on job growth, describing it as steady but sluggish. The report focused on 6.4 million jobs that it said would have been created since 2008 - but weren't, because of the economic slowdown.

Center director Tony Carnevale said raising interest rates will do more for bankers than the rest of the business world.

"I think there's nervousness about this, and we're seeing recovery in the economy, but it's a limping recovery," he said. "That's true both for people with education and those people without. So, one of the questions that's up now, very much at the moment, is, 'Are we there yet?' And the answer is no."

In Washington, 200,000 jobs have been created over pre-recession levels since 2008. Without the recession, that figure would be 80,000 to 90,000 jobs higher. If job growth continues at its current pace, the Georgetown report said, it will be 2020 before the economic recovery is complete.

The report said jobs for college-educated workers are growing at a faster pace than for those without higher education, a trend also evident in the Seattle area. But nationally, it said, nearly one-third of all workers now are in temporary, part-time or freelance jobs. Marilyn Watkins, policy director for the Economic Opportunity Institute, said that's a real concern.

"I think it also underscores, when we look at the occupational mix, that even in the best of circumstances, not everyone is going to be a software engineer," she said. "So, we really do need to make sure that all of the jobs are really high-quality jobs, where people can support themselves and have a family."

According to the report, the underemployment rate - people who are working at jobs beneath their skill levels and want something better - is almost 10 percent.

The report is online at cew.georgetown.edu.


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