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In this report, we review the most recent data available to examine the impact of unionization on the wages and benefits paid to black workers. These data show that even after controlling for factors such as age and education level, unionization has a significant positive impact on black...
Persistent link: https://www.econbiz.de/10010741287
Relative to any of the most common benchmarks – the cost of living, the wages of the average worker, or average productivity levels – the current federal minimum wage of $7.25 per hour is well below its historical value. These usual reference points, however, understate the true erosion in...
Persistent link: https://www.econbiz.de/10010540201
The U.S. workforce is substantially older and better-educated than it was at the end of the 1970s. The typical worker in 2010 was seven years older than in 1979. In 2010, over one-third of US workers had a four-year college degree or more, up from just one-fifth in 1979. Given that older and...
Persistent link: https://www.econbiz.de/10010561374
The decline in the economy’s ability to create good jobs is related to deterioration in the bargaining power of workers, especially those at the middle and the bottom of the pay scale. The restructuring of the U.S. labor market – including the decline in the inflation-adjusted value of the...
Persistent link: https://www.econbiz.de/10010569385
Over the past three decades, the “human capital” of the employed black workforce has increased enormously. In 1979, only one-in-ten (10.4 percent) black workers had a four-year college degree or more. By 2011, more than one in four (26.2 percent) had a college education or more. Over the...
Persistent link: https://www.econbiz.de/10010681103
A series of earlier CEPR reports documented a substantial decline over the last three decades in the share of “good jobs” in the U.S. economy. This fall-off in job quality took place despite a large increase in the educational attainment and age of the workforce, as well as the productivity...
Persistent link: https://www.econbiz.de/10010667720
Both educational attainment and school quality are typically lower in disadvantaged areas than others and much recent policy attention has been focused on each. This paper looks at the quality problem, exploring the relationships between disadvantaged contexts, what schools do, and the quality...
Persistent link: https://www.econbiz.de/10011125921
Background:- Policy and practice guidelines emphasize that responses to children and young people with poor mental health should be tailored to needs, but little is known about the impact on costs. We investigated variations in service-related public sector costs for a nationally representative...
Persistent link: https://www.econbiz.de/10011125955
During periods of strong economic growth, migration is and has always been important for filling gaps in the labour market. On balance, the evidence for the UK labour market suggests that fears about the consequences of rising immigration have been exaggerated. It is hard to find evidence of...
Persistent link: https://www.econbiz.de/10011125963
Steve Gibbons describes how a series of influential CEP studies has confirmed the widespread belief that there is a link between house prices and the quality of local schools – and explains the nuances of the findings and their significance for public policy for education, cities and social...
Persistent link: https://www.econbiz.de/10011126167