Forbes contributors publish independent expert analyses and insights. I am an economist specializing in labor markets and policy. Employers added 206,000 payroll jobs in June, according to the new ...
An unsettled labor market is usually an indication of a troubled economy. In fact, a rapidly increasing unemployment rate characterizes the start of recessions. Therefore, a timely and accurate ...
State-level unemployment claims can provide a real-time measure of national labor market conditions and the overall state of the economy. A rapid and widespread buildup of stress in state labor ...
What is commonly known as the labor market remains an inevitable feature of an economic system that converts everything into ...
A majority of the nation’s 36 million workers ages 25 to 34 have not completed a four-year college degree. In 2023, there were 19 million young workers who had some college or less education, ...
This paper examines how oil shocks shape labor market outcomes across 89 countries from 1975 to 2022. Leveraging a high-frequency oil supply shock series and a rich panel of quarterly labor market ...
The lessons of the last economic crisis always loom large. Following the Great Recession, a consensus began to build that America hadn’t done enough to stimulate the economy through the early 2010s. A ...
But the reaction at home was anything but celebratory. On social media, young Chinese asked why the government was opening its doors to foreign specialists when millions of domestic graduates were ...
Business owners who still have occasional nightmares about high employee turnover rates during the Great Resignation can sleep more soundly these days. Accumulating evidence indicates that the ...
This paper explores how fluctuations in crime rates influence labor market outcomes in Mexico. Using detailed survey data and an individual-fixed effect estimation, the analysis reveals distinct ...