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The employment effect of the minimum wage is one of the most studied topics in all of economics. This report examines the most recent wave of this research – roughly since 2000 – to determine the best current estimates of the impact of increases in the minimum wage on the employment...
Persistent link: https://www.econbiz.de/10010610401
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
Over the last two decades, high – and, in some countries, rising – rates of low-wage work have emerged as a major political concern. If low-wage jobs act as a stepping stone to higher-paying work, then even a relatively high share of low-wage work may not be a serious social problem. If,...
Persistent link: https://www.econbiz.de/10009649731
The Great Recession has been hard on recent college graduates, but it has been even harder for black recent college graduates. This report examines the labor-market outcomes of black recent college graduates using the general approach developed by Federal Reserve Bank of New York researchers...
Persistent link: https://www.econbiz.de/10010862301
There is enormous public confusion (much of it deliberately cultivated) about the extent of Social Security’s projected shortfall. Many policymakers and analysts point out that projections from the Congressional Budget Office and the Social Security Trustees show the program to be out of...
Persistent link: https://www.econbiz.de/10008694896
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
Many lawmakers, policymakers, and economic commentators do not appear to recognize the depth of the current labor-market recession. Between December 2007 – the official first month of the recession – and December 2009, the U.S. economy lost more than eight million jobs. Even if the economy...
Persistent link: https://www.econbiz.de/10008461099
Over 40 million jobs in the United States - about 1 in 3 - pay low wages ($11.11 per hour or less) and often do not offer employment benefits like health insurance, retirement savings accounts, paid sick days or family leave. These low-wage jobs are replacing jobs that have historically...
Persistent link: https://www.econbiz.de/10005784526
Opponents of the ACA have labeled the health care bill a jobs killer. It seems implausible that the bill could be expected to have much impact on employment except among the relatively small number of firms that are near the 50-worker cutoff. However the bill does provide a clear incentive to...
Persistent link: https://www.econbiz.de/10010693320
This study examines New Jersey employers’ experiences with employees who need time off to care for a seriously ill child or family member or to bond with a new baby since 2009, when the state began offering paid family leave through the statewide Family Leave Insurance (FLI) program. This...
Persistent link: https://www.econbiz.de/10010786629