The bottom line
▪ Without the arrival of new immigrants, the U.S. working-age population will drop from about 173 million today to some 166 million by 2035, according to the Pew Research Center. If the current rates of legal and illegal immigration hold, the number of working-age adults will rise to an estimated 183 million in 2035.
▪ Online sales of Ivanka Trump’s fashion line soared last month despite a boycott and high-profile retailers like Nordstrom dropping the brand. At the start of the year, the label was ranked 550th in sales on fashion search engine Lyst; by mid-February, it was the site’s 11th most popular brand.
▪ Nearly 60 percent of companies with 50 or more workers now offer some form of paid parental leave, up from 46 percent in 2005, according to the Society for Human Resource Management. But the average maximum time off given to new parents by employers has dropped from 15.2 weeks in 2005 to 14.5 weeks today.
▪ There were 21 female CEOs at Fortune 500 companies in 2016, down from 24 in 2015. Women hold only 19 percent of the more than 7,500 senior management positions across those businesses.
▪ For-profit college stocks have surged since President Trump’s election, with Universal Technical Institute (up 108 percent) and DeVry (up 41 percent) the biggest winners. The Department of Education said last week that it would delay implementing President Obama–era rules punishing for-profit schools that don’t help students find “gainful employment” after graduation.
The Wall Street Journal