Authors Freeman and Rodgers find that the current recovery, which started in 2001, has been the worst in recent history in terms of job creation. They determine that the slow employment growth of the recovery is not attributable to the poor performance of a particular sector, nor is it...

The US market-driven labor system -- When markets drive outcomes -- Distribution matters -- Why Americans work and work -- Where have all the unions gone-- long time passing? -- Regulating the unregulated market -- Management in the driver's seat -- The great doubling: is your job going to...

The paper documents the large cross-country differences in labor institutions that make them a candidate explanatory factor for the divergent economic performance of countries and reviews what economists have learned about the effects of these institutions on economic outcomes. It identifies...