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Following the most recent recession, an attempt has been made to explain current levels of unemployment as resulting from structural unemployment, or a mismatch between the skills of the unemployed and the types of jobs available. The evidence, however, indicates that the issue is actually a...
Persistent link: https://www.econbiz.de/10010579001
Economists are increasingly coming to the recognition that the current downturn is likely to be longer and more severe than they had expected at the time the last stimulus package was approved in February. As a result, there is likely to be interest in additional stimulus in order to boost the...
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. With this in mind, this Issue Brief describes a job sharing tax credit, designed to provide a quick and substantial boost to the economy. It would use tax dollars to pay firms to...
Persistent link: https://www.econbiz.de/10008545820
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
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...
Persistent link: https://www.econbiz.de/10008867484
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
It is widely believed that volunteering will improve workers’ job prospects. The logic is that volunteering offers opportunities to expand work-related experience, develop new skills, and build a network of professional contacts. For young people with little history of paid employment it can...
Persistent link: https://www.econbiz.de/10010667721
This report uses national data from the Current Population Survey (CPS) to show that unionization raises the wages of the typical woman worker by 11.2 percent compared to their non-union peers. The study goes on to show that unionization also increases the likelihood that a woman worker will...
Persistent link: https://www.econbiz.de/10005048507
This report uses national data from 2004 to 2007 to show that unionization raises the wages of the typical Latino worker by 17.6 percent compared to their non-union peers. The study goes on to show that unionization also increases the likelihood that a Latino worker will have health insurance...
Persistent link: https://www.econbiz.de/10005048516
This report uses national data from the Current Population Survey (CPS) to show that unionization raises the wages of the typical service sector worker by 10.1 percent compared to their non-union peers. The study goes on to show that unionization also increases the likelihood that a service...
Persistent link: https://www.econbiz.de/10004999567