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Schmitt, John; Warner, Kris - Center for Economic and Policy Research (CEPR) - 2011

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

The Wage and Employment Impact of Minimum-Wage Laws in Three Cities

Schmitt, John; Rosnick, David - Center for Economic and Policy Research (CEPR) - 2011

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

Labor Market Policy in the Great Recession: Some Lessons from Denmark and Germany

Schmitt, John - Center for Economic and Policy Research (CEPR) - 2011

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

Gains from Trade? The Net Effect of the Trans-Pacific Partnership Agreement on U.S. Wages

Rosnick, David - Center for Economic and Policy Research (CEPR) - 2013

Recent estimates of the U.S. economic gains that would result from the proposed Trans-Pacific Partnership (TPP) are very small — only 0.13 percent of GDP by 2025. Taking into account the un-equalizing effect of trade on wages, this paper finds the median wage earner will probably lose as a...

Persistent link: https://www.econbiz.de/10010693323

It's So Hard to Get Good Help

Baker, Dean - Center for Economic and Policy Research (CEPR) - 2012

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

Pay for Play? Tax Credits for Paid Time Off

Baker, Dean - Center for Economic and Policy Research (CEPR) - 2009

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

Job Sharing: Tax Credits to Prevent Layoffs and Stimulate Employment

Baker, Dean - Center for Economic and Policy Research (CEPR) - 2009

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

The $1 Trillion Wage Deficit

Baker, Dean; Schmitt, John - Center for Economic and Policy Research (CEPR) - 2009

The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a consensus among economists that the Great Recession is very likely over. Unfortunately, the end of the official recession will have little visible...

Persistent link: https://www.econbiz.de/10008545825

The Urgent Need for Job Creation

Schmitt, John; Conroy, Tessa - Center for Economic and Policy Research (CEPR) - 2010

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

Down and Out: Measuring Long-term Hardship in the Labor Market

Schmitt, John; Jones, Janelle - Center for Economic and Policy Research (CEPR) - 2012

The official concept of “long-term unemployment,” while useful, is incomplete and, in some cases, even potentially …-term unemployment in two ways. First, we encourage shifting from a narrow focus on long-term unemployment toward a broader concept of …-term unemployment – including “discouraged” and “marginally attached” workers and those involuntarily working part-time jobs – face long …

Persistent link: https://www.econbiz.de/10009398262