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Current estimates suggest that over the coming decades, slower population growth and lower labor force participation will constrain the supply of labor in the U.S. The U.S. labor force will also become more diverse as immigration and fertility trends increase the size of minority populations....
Persistent link: https://www.econbiz.de/10012019516
This paper investigates how the implementation of Job Search Monitoring (JSM) programs over the last two decades could have impacted the rise of disability rates in OECD countries. To do so, we use an RDD design to study how a JSM program that was implemented in 2006 in Belgium could have played...
Persistent link: https://www.econbiz.de/10012003617
"What makes a job good? A predictable schedule, regular paycheck, time off, health insurance, opportunities for training and advancement? What would it take to make more jobs better jobs, and what might be the limits to such improvement? The vertically integrated corporations of the past, with...
Persistent link: https://www.econbiz.de/10012098415
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012123041
Flavia Dantas and L. Randall Wray argue that the emerging conventional wisdom - that the US economy has reached full employment - is flawed. The unemployment rate is not providing an accurate picture of the health of the labor market, and the common narrative attributing shrinking labor force...
Persistent link: https://www.econbiz.de/10011592747
How can labour market institutions make workers confident about their economic future? While quantitative studies have repeatedly shown that countries' labour market regulations and policies are related to variations in workers' perceived job security, these studies did not explain how these...
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