Showing 1 - 10 of 24
At the onset of the COVID pandemic, the U.S. economy suddenly and swiftly lost 20 million jobs. Over the next two years, the economy has been on the recovery path. We assess the labor market two years into the COVID crisis. We show that early employment dynamics were almost entirely driven by...
Persistent link: https://www.econbiz.de/10013362041
In this paper, we examine the impact of pay-for-performance incentives on learning-by-doing. We exploit personnel data on fruit pickers paid under two distinct compensation contracts: a standard piece rate plan and a piece rate plan with an extra one-time bonus tied to output. Under the bonus...
Persistent link: https://www.econbiz.de/10012479749
We explore whether minimum wage increases result in substitution from lower-skilled to slightly higher-skilled labor. Using 2011-2016 American Community Survey data (ACS), we show that workers employed in low-wage occupations are older and more likely to have a high school diploma following...
Persistent link: https://www.econbiz.de/10012481674
We report on the state of the labor market six months into the COVID recession, focusing particularly on measuring market tightness. As we show using a simple model, tightness is crucial for understanding the relative importance of labor supply or demand side factors in job creation. In tight...
Persistent link: https://www.econbiz.de/10012482302
We use job vacancy data collected in real time by Burning Glass Technologies, as well as unemployment insurance (UI) initial claims and the more traditional Bureau of Labor Statistics (BLS) employment data to study the impact of COVID-19 on the labor market. Our job vacancy data allow us to...
Persistent link: https://www.econbiz.de/10012482018
We examine how the labor market effects of import competition vary across Black, Hispanic, and white populations. For a given level of exposure to imports from China, we find no evidence that minority workers are relatively more harmed than white workers in terms of their manufacturing...
Persistent link: https://www.econbiz.de/10013462694
In this paper, we examine whether a friend or older sibling's teen pregnancy impacts one's own sexual behavior. We exploit high-frequency data on sexual activity from the National Longitudinal Study of Adolescent to Adult Health and the sharp timing of the end of a peer's pregnancy to analyze...
Persistent link: https://www.econbiz.de/10014287329
We show that skill requirements in job vacancy postings differentially increased in MSAs that were hit hard by the Great Recession, relative to less hard-hit areas. These increases persist through at least the end of 2015 and are correlated with increases in capital investments, both at the MSA...
Persistent link: https://www.econbiz.de/10012455918
How do college students and postsecondary institutions react to changes in skill demand in the U.S. labor market? We quantify the magnitude and nature of response in the 4-year sector using a new measure of labor demand at the institution-major level that combines online job ads with geographic...
Persistent link: https://www.econbiz.de/10014337805
The share of workers who are self-employed rises markedly with age. Given policy concerns about inadequate retirement savings, especially among those with lower education, and the resulting interest in encouraging employment at older ages, it is important to understand the role that...
Persistent link: https://www.econbiz.de/10012479136