Maryland is also a microcosm of
the United States when it comes to population change and the growing crisis in care for older adults and individuals with disabilities. Within the next decade, the number of adults aged 65 and older in
Maryland and its urban neighbor, the
District of Columbia (DC), is expected to increase by more than 330,000 (a 36 percent increase from 2015 to 2025), while the population of working-age adults will increase by less than 80,000 (just 2 percent)./1
Mirroring national realities, these trends contribute to a growing mismatch between the population demand for long-term services and supports (LTSS) and the supply of direct services workers who provide them. The poor quality of direct services jobs exacerbates this workforce shortage, as workers move to other sectors that offer better wages and benefits, more stable hours, opportunities for advancement, and other advantages./2
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Increasing living standards depends on increasing worker productivity. Competition causes firms to tie wages closely to employees’ productivity. Since 1973, the average private-sector employee’s productivity has increased by 81 percent, while their average compensation has increased by 78 percent.
Some analysts have produced charts purporting to show that productivity has grown sharply while pay has remained nearly flat. These charts contain many methodological errors. They:
Compare the pay of only some workers to the productivity of all employees;
Count productivity growth of the self-employed, but exclude their pay growth; and
Measure inflation differently to calculate pay growth and productivity growth.
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Financial advisors offer varying fee structures with different types of compensation. In general, there are three primary ways advisors make money. They include client fees (usually charged either on an hourly basis or as a percentage of client assets under management), commissions for certain financial transactions and salaries earned by on-staff advisors. Fee-only advisors typically earn money through client fees while fee-based advisors can earn money through both client fees and commissions on investment transactions.
With those variable fee and compensation structures, the range of financial advisor salaries in the U.S. is wide. Nationally, financial advisors earn $122,490 on average; however, the 25th and 75th percentile wages are $59,450 and $157,020, respectively. In this study, SmartAsset determines the best-paying metro areas for financial advisors. We compared the 50 largest metro areas across four metrics: average financial advisor earnings, two-year change in f
This is How Much Teachers are Paid in Idaho argusobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from argusobserver.com Daily Mail and Mail on Sunday newspapers.
Each of the 50 states has its own unique identity. These identities have been shaped over decades and centuries and are often defined, at least in part, by economic forces.
Whether it is agriculture in California or resource extraction in Texas, certain industries and therefore certain jobs are far more common in some states than others. Often, these occupations serve as both economic engines and as symbols of local identity.
Using data from the Bureau of Labor Statistics on the concentration of jobs in a given state relative to their concentration nationwide, 24/7 Wall St. identified the most iconic job in each state.