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2. Nuclear Power Pays: Assessing the Trends in Electric Power Generation Employment and Wages
- Author:
- Oxford Economics
- Publication Date:
- 04-2019
- Content Type:
- Research Paper
- Institution:
- Oxford Economics
- Abstract:
- This report seeks to illustrate and articulate the US nuclear power industry as a driver of highly educated, high-skilled workers who earn premium wages. The nuclear power sector provides 20 percent of the electricity needs in the US, and it supports tens of thousands of well-paying jobs throughout the country. In 2017, the nuclear power generation industry employed nearly 48,400 workers in the US paying an average salary of $136,600. This exceeded average regional wages across the country and placed nuclear power as the highest paying industry in the electric power generation sector. With such high wages, it’s not surprising that skilled occupations account for nearly 86 percent of total jobs in the industry.
- Topic:
- Energy Policy, Labor Issues, Nuclear Power, and Employment
- Political Geography:
- North America and United States of America
3. Assessing How Foreign State-Owned Enterprises' U.S. Based Operations Disrupt U.S. Jobs
- Author:
- Oxford Economics
- Publication Date:
- 06-2019
- Content Type:
- Commentary and Analysis
- Institution:
- Oxford Economics
- Abstract:
- The entrance of a Chinese state-owned enterprise (SOE) in the transit passenger railcar manufacturing sector disrupts the current private-sector competitive railcar manufacturing sector in the U.S. In this study, Oxford Economics measures the net effects, stemming from this disruption by quantifying the loss to U.S. jobs, income and GDP that result from anti-competitive SOE practices. Even when domestic protective measures, such as 'Buy America' are put in place loss due to the SOE offshoring key apsects of their supply chain quickly accumulates--especially given the size and duration of municipal transit railcar contracts. We estimate that for every $1 billion in new contracts awarded to a Chinese SOE, the U.S. loses between 3,250 and 5,100 jobs.
- Topic:
- Hegemony, Employment, State Actors, Manufacturing, Job Creation, Supply Chains, and Contracts
- Political Geography:
- China, Asia, North America, and United States of America
4. The Economic Impact of Bath Spa University
- Author:
- Oxford Economics
- Publication Date:
- 01-2016
- Content Type:
- Case Study
- Institution:
- Oxford Economics
- Abstract:
- Bath Spa University supported over 2,050 jobs in Bath and North East Somerset in 2014/15 – equivalent to one in every 49 jobs in the district. The University itself employs 966 people. This makes it the fifth largest employer in Bath and North East Somerset. It is considerably more than are employed by some of the city’s most famous institutions. In total, the University generated a value-added contribution of £93.9 million to the Bath and North East Somerset economy in 2014/15. This is equivalent to 2.0 percent of the district’s economic output. Of this, the University supported a £51.7 million contribution and the University’s additional students and their visitors the remaining £41.7 million contribution to GDP. In 2014/15, Bath Spa University made a total tax contribution of £21.1 million to the UK Exchequer. This could fund the Royal United Hospital’s and Royal National Hospital for Rheumatic Diseases’ running cost for about a month.
- Topic:
- Economics, Education, Labor Issues, Employment, Tax Systems, and Higher Education
- Political Geography:
- United Kingdom and Europe
5. The Recruitment of Migrant Workers By London Science and Technology Firms
- Author:
- Oxford Economics
- Publication Date:
- 08-2016
- Content Type:
- Commentary and Analysis
- Institution:
- Oxford Economics
- Abstract:
- Access to talent is central to London’s competitiveness. It is important that all companies can recruit the skills and experience they need to innovate and grow. Tier 2 of the UK’s visa system is the main economic route for skilled immigration from outside the European Economic Area (EEA), where the position cannot be filled by a UK/EEA national or is on the Shortage Occupation List. This report assesses the extent to which start-ups and SMEs, particularly those in the science and technology sectors, have difficulties in recruiting from outside the EEA through Tier 2. It finds that while some firms are undoubtedly facing challenges, the problem is not especially widespread across the science and technology sector as a whole. However, at least some employers are encountering difficulties with Tier 2 and a faster, better-supported, and simpler process would make a real difference to employers.
- Topic:
- Science and Technology, Labor Issues, Employment, and Migrant Workers
- Political Geography:
- United Kingdom and Europe