Found 198 article(s) in category 'Q1: Jobs?'

Crumbling American Dreams

Crumbling American Dreams. Robert D. Putnam, August 3, 2013, Opinion. “My hometown — Port Clinton, Ohio, population 6,050 — was in the 1950s a passable embodiment of the American dream, a place that offered decent opportunity for the children of bankers and factory workers alike. But a half-century later, wealthy kids park BMW convertibles in the Port Clinton High School lot next to decrepit “junkers” in which homeless classmates live. The American dream has morphed into a split-screen American nightmare. And the story of this small town, and…” Link verified October 6, 2014

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U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence

U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence. William R. Kerr, August 2013, Paper. “High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Immigrants account for roughly a quarter of U.S. workers in these fields, and they have a similar contribution in terms of output measures like patents or firm starts. This contribution has been rapidly growing over the last three decades…” Link Verified October 12, 2014

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The Logic of the Informal Economy

The Logic of the Informal Economy. Ricardo Hausmann, June 19, 2013, Opinion. “A specter is haunting the world’s developing countries – the specter of the “informal” economy. For some, the informal sector includes all businesses that have not been registered with the authorities. For others, it refers to businesses that escape taxation. The International Labor Organization defines it as comprising firms that are small enough to fall outside the labor code. Whatever the definition, what has concerned many economists and gained policymakers’ attention is that the size distribution of firms in developing countries has a long tail…” Link

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Austerity would hurt U.S. jobs and growth

Austerity would hurt U.S. jobs and growth. Lawrence Summers, June 2, 2013, Opinion. “Around the world the idea of “austerity” is fiercely debated. The various strengths and weaknesses of the global economy make opportune a reconsideration of the principles that should guide fiscal policy: Paced by housing and energy, the U.S. recovery is likely to accelerate this year, and budget deficit projections have declined as well; meanwhile, theEuropean economy remains stagnant, though there is evidence that stimulative policies are gaining traction in Japan. It is critical that policies be set in light of economic circumstances…” Link

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Unconditional Convergence in Manufacturing

Unconditional Convergence in Manufacturing. Dani Rodrik, Paper, May 2013. “Unlike economies as a whole, manufacturing industries exhibit strong unconditional convergence in labor productivity. The article documents this at various levels of disaggregation for a large sample covering more than 100 countries over recent decades. The result is highly robust to changes in the sample and specification. The coefficient of unconditional convergence is estimated quite precisely and is large, at between 2–3% in most specifications and 2.9% a year in the baseline specification covering 118 countries. The article also finds…” Link

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America’s Job Challenges and the Continuing Role of the U.S. Department of Labor

America’s Job Challenges and the Continuing Role of the U.S. Department of Labor. Lawrence Katz, March 2013, Paper. “The Great Recession and its aftermath has been a particularly trying period for American workers and their families. Employment collapsed in 2008-9 in the wake of the financial crisis with the unemployment rate more than doubling from 2007 to 2009 and peaking at 10.0 percent in October 2009. Four years into an economic recovery, the unemployment rate remains abnormally high and long-term joblessness a major problem. The employment crisis has exacerbated longer-term U.S. labor market trends of rising…”  Link verified March 28, 2014

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Work and rights

Work and rights. Amartya Sen, March 1, 2013, Paper. “This is a crucial moment in the history of working people across the world. The first flush of globalization is nearing its completion, and we can begin to take a scrutinized and integrated view of the challenges it poses as well as the opportunities it offers. The process of economic globalization is seen as a terrorizing prospect by many precariously placed individuals and communities, and yet it can be made efficacious and rewarding if we take an adequately broad approach of the conditions that govern our lives and work…” Link

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Rising Tide: Is Growth in Emerging Economies Good for the United States?

Rising Tide: Is Growth in Emerging Economies Good for the United States? Robert Lawrence, February, 2013, Book or Book Chapter. “In 1963, US President John F. Kennedy said that “a rising tide lifts all the boats. And a partnership, by definition, serves both parties, without domination or unfair advantage.” Half a century later, Edwards and Lawrence conclude that this maxim will remain appropriate for some time in the future as a guide for US international economic policy in general and trade policy in particular. They contradict widely held public views on the effects of trade with emerging economies on US employment and demonstrate that trade has often been assigned a role in America’s economic difficulties that far exceeds its impact. “ May require purchase or user account. Link

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Technical Change and the Relative Demand for Skilled Labor: The United States in Historical Perspective

Technical Change and the Relative Demand for Skilled Labor: The United States in Historical Perspective. Lawrence Katz, January 2013, Paper. “This paper examines long-term shifts in the relative demand for skilled labor in the United States. Although de-skilling in the conventional sense did occur overall in nineteenth century manufacturing, a more nuanced picture is that occupations “hollowed out”: the share of “middle-skill” jobs – artisans – declined while those of “high-skill” – white collar, non-production workers – and “low-skill” – operatives and laborers increased…” Link Verified October 13, 2014

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Labor-Market Polarization Over the Business Cycle

Labor-Market Polarization Over the Business Cycle. Christopher Foote, December 6, 2012, Paper. “During the last few decades, labor markets in advanced economies have become “polarized” as relative labor demand grows for high- and low-skill workers while it declines for middle-skill workers. This paper explores how polarization has interacted with the U.S. business cycle since the late 1970s. Consistent with previous work, the authors find that recessions are strongly synchronized across workers with different skills. Even high-skill workers favored by polarization suffer during recessions; this is particularly true during the last two downturns…”  Link

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