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Labor Market

3 Ways Salary Transparency Helps Business in Wake of Obama's Effort to Close Pay Gaps

Dr. Andrew Chamberlain | Posted 02.05.2016 | Business
Dr. Andrew Chamberlain

Last week, President Obama proposed a new rule that would require companies with more than 100 employees to report salary data by race, gender and eth...

Friday's Jobs Report: Signs of a Labor Market Slowdown?

Dr. Andrew Chamberlain | Posted 02.02.2016 | Business
Dr. Andrew Chamberlain

Outside of the labor market, it has been a rocky start to 2016. Disappointing corporate profits, plummeting stocks and weak industrial production all point to an economy that slowed sharply late last year.

These Tech Wizards Want To Pay People For Doing Absolutely Nothing

The Huffington Post | Shane Ferro | Posted 01.29.2016 | Business

Silicon Valley has helped hatch all sorts of disruptive new technologies, from robots that can make computer chips, to automated personal assistants,...

Disability: A New Campaign Issue About Not-so-new Concerns

David Pettinicchio | Posted 01.28.2016 | Politics
David Pettinicchio

Democratic presidential frontrunner Hillary Clinton recently proposed increased early screenings and more resources for treating autism.

3 Ways the Fed Rate Hike Will Impact Job Seekers

Dr. Andrew Chamberlain | Posted 12.16.2015 | Business
Dr. Andrew Chamberlain

How will a Fed interest rate rise affect the job market? As with most things in the macroeconomy, it's complicated.

A Win for Businesses and Workers: 'Upskilling' Programs That Help Workers Earn Postsecondary Credentials Sweeping the Nation

Jim Gibbons | Posted 12.14.2015 | Impact
Jim Gibbons

We have a skills supply-and-demand problem that hurts businesses. Even with millions of job openings in the United States, companies can't find worke...

Consumer Drive? Don't Hold Your Breath

Michael Farr | Posted 12.08.2015 | Business
Michael Farr

What is the true state of the US consumer? The Federal Reserve seems pretty confident that consumers have both the means (savings, disposable income,...

November Jobs Report: Are Labor Market Gaps Closing?

Dr. Andrew Chamberlain | Posted 11.25.2015 | Business
Dr. Andrew Chamberlain

With the Fed likely to raise interest rates at the upcoming December meeting, economists are watching the November jobs report closely. What's next for the labor market? Here's what we're watching for in Friday's report:

Where There's A Will There's a Way

Michael Farr | Posted 11.24.2015 | Business
Michael Farr

If the full extent of the budgetary problems are not well understood, how can we be in a position to address the problems?

The Trucking Industry Is Struggling, But Maybe Not For Long

The Huffington Post | Shane Ferro | Posted 11.15.2015 | Business

Trucking, the backbone of American commerce, is in a tough spot. There might be a future, a very long time from now, when long-haul drivers are repla...

What You Need to Know About the October Jobs Report

Chad Stone | Posted 11.05.2015 | Politics
Chad Stone

No one knows how tomorrow's October jobs report will affect Federal Reserve policymakers' views about whether to start raising interest rates in December. But here are some things to consider in assessing whether the job market is making the "continued progress toward maximum employment" that the Fed wants to see.

Fair Hiring Practices: Big Bang for Buck and Bipartisan Support

Jared Bernstein | Posted 10.13.2015 | Politics
Jared Bernstein

Try to think of a policy idea that has the following characteristics: it costs almost nothing to implement; it has the potential to help millions of highly disadvantaged people raise their living standards; it is supported by both President Obama and the Koch brothers. You're envisioning the null set, right?

Are We in a Wage Growth Slump? Four Predictions for Friday's Jobs Report

Dr. Andrew Chamberlain | Posted 09.30.2015 | Business
Dr. Andrew Chamberlain

If we want to understand why America's wages are growing -- or not growing -- it's important to look beyond U.S. averages to specific industries.

How Much Do You Make? 3 Reasons Salary Transparency Can Be Good for Business

Dr. Andrew Chamberlain | Posted 09.15.2015 | Business
Dr. Andrew Chamberlain

When former Google employee Erica Baker began publishing co-workers' salary information on an internal spreadsheet, it didn't go over well with management, according to news reports of her recent Twitter confession.

Uncertainty Intensifies

Michael Farr | Posted 08.13.2015 | Business
Michael Farr

China's move to devalue its currency caught the markets somewhat by surprise. As a result, there has been a lot of speculation surrounding both the reasons behind the move as well as the implications of the move.

Confusion Reigns

Michael Farr | Posted 08.06.2015 | Business
Michael Farr

Economic data and financial-asset prices don't always paint the same picture about the health of the economy.

Has the Chinese Market Finished "Correcting"?

Michael Farr | Posted 07.14.2015 | Business
Michael Farr

All things considered, the major equity markets of the world have been fairly orderly for the past year and a half. That is, all except the Chinese market.

Why Organizations Use Freelancers

Jacob Morgan | Posted 07.07.2015 | Business
Jacob Morgan

As on-demand labor starts to increase, organizations of all shapes and sizes ─ especially large organizations ─ are going to have to think differently about the way they service, compete and innovate when thinking about the future of work.

Riding a Growth Wave

Michael Farr | Posted 06.25.2015 | Business
Michael Farr

It is still early days for the American newfound interest in health and wellness, but as organics only make up 5 percent of total food sales I think the industry has a long runway of growth ahead.

Germany's Leadership Role in Advancing Economic Freedom: Opportunity for All, Favoritism for None

Natasha Srdoc | Posted 06.19.2015 | World
Natasha Srdoc

The topics of strengthening the transatlantic partnership and advancing economic freedom were brought to the forefront, when we gathered in Brussels at a dinner event of the Konrad Adenauer Foundation in December 2014.

Jenny Che

Wages For College Grads Are Now Lower Than They Were 15 Years Ago

HuffingtonPost.com | Jenny Che | Posted 06.02.2015 | Business

College graduates, brace yourselves for some disappointing news. Wages for university grads are 2.5 percent lower than what they were 15 years ago,...

Irrational Exuberance?

Michael Farr | Posted 05.22.2015 | Business
Michael Farr

I've stated repeatedly that a massive amount of stimulus has been required to generate GDP growth of just 2.0%-2.5% annually since the end of the Great Recession (June 2009). We have further said that the removal or reversal of some of these stimulants will be a tough hurdle for the economy to overcome.

Poking Holes in the Strong-Dollar Thesis

Michael Farr | Posted 05.11.2015 | Business
Michael Farr

The dollar began its ascent against other major world currencies in mid-2014. The move higher was fast and furious, but the greenback ran into some resistance beginning in the middle of March.

Fed Near the Cliff

Michael Farr | Posted 06.09.2015 | Business
Michael Farr

The incessant parsing and analysis of each and every Fed utterance is becoming quite comical. God love Steve Liesman and Mark Zandi, but are they really adding much value by trying to read between the lines of each statement from each Fed member?

March Jobs Report: First Impressions

Jared Bernstein | Posted 06.03.2015 | Business
Jared Bernstein

While I think it's very unlikely that the 126,000 payroll gain marks a new, much slower trend in job growth, there are reasons for caution, especially at the Federal Reserve. This job market has fooled us before, with more head fakes then an NCAA point guard.