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Some economic observers argue “structural unemployment” has increased in the wake of the Great Recession, but in this … paper we find little support for either of two arguments that suggest that structural unemployment has been on the rise. The … first argument focuses on the large increase in unemployment among construction workers. The second argument is that falling …
Persistent link: https://www.econbiz.de/10008867484
Progressives need a fundamentally new approach to politics. They have been losing not just because conservatives have so much more money and power, but also because they have accepted the conservatives’ framing of political debates. They have accepted a framing where conservatives want market...
Persistent link: https://www.econbiz.de/10009364321
This report analyzes the wage and employment effects of the first three city-specific minimum wages in the United States –San Francisco (2004), Santa Fe (2004), and Washington, DC (1993). We use data from a virtual census of employment in each of the three cities, surrounding suburbs, and...
Persistent link: https://www.econbiz.de/10008921764
This paper reviews the recent labor-market performance of 21 rich countries, with a focus on Denmark and Germany. Denmark, which was widely seen as one of the world's most successful labor markets before the downturn, has struggled in recent years. Germany, however, has outperformed the rest of...
Persistent link: https://www.econbiz.de/10009024458
There is a growing chorus of policy analysts and pundits telling the country that we could have millions more jobs in manufacturing, if only we had qualified workers. This claim has the interesting feature that it places responsibility for the lack of jobs on workers, not on the people who get...
Persistent link: https://www.econbiz.de/10009651287
interest in additional stimulus in order to boost the economy and lower the unemployment rate. This paper briefly outlines a …
Persistent link: https://www.econbiz.de/10004999566
The unemployment rate is expected to average 10.2 percent for 2010, 9.1 percent for 2011, and 7.3 percent for 2012 …
Persistent link: https://www.econbiz.de/10008545820
system of unemployment compensation, with shorttime compensation as an alternative to unemployment compensation. This means …) already have short-time compensation as an option under their unemployment insurance system. In these states a governmental …
Persistent link: https://www.econbiz.de/10009144917
In 1982, the United States experienced the highest annual unemployment rate since the Great Depression – 9.7 percent …. In principle, that rate is directly comparable to the 8.1 percent seasonally adjusted unemployment rate for February 2009 …, and suggests that current unemployment is still not as bad as it was in 1982. The official unemployment rate, however …
Persistent link: https://www.econbiz.de/10004999572
This report shows that the $787 billion included in the 2009 ARRA will not have as much of an immediate effect on the economy as initially anticipated. After subtracting the annual AMT patch and acounting for state level spending and tax cuts, the full effect of federal stimulus will equal a...
Persistent link: https://www.econbiz.de/10004999573