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In this paper we demonstrate that because of stagnating wages and rising job insecurity, there has been a change in the labor supply regime in the U.S. macroeconomy since the 1970s. There is now greater labor supply at any given officially measured unemployment rate. This induced growth in the...
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The Urban Experience provides a fresh approach to the study of metropolitan areas by combining economic principles, social insight, and political realities with an appreciation of public policy to understand how U.S. cities and suburbs function in the 21st century. The book is grounded in the...
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Economic development often founders on a mismatch between available workforce skills and companies’ needs. A tool that analyzes critical sets of labor market data not previously considered in tandem can help local governments improve planning.
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