Why doesn't U.S. economic expansion 'feel' like an economy is at full employment? Because of the low participation rate that has effectively reduced unemployment to superficially low levels without creating sufficient amount of quality jobs to offset t... The post Drivers of the low labor force participation rate: U.S. Show More Summary
``Economists, including the Fed's policy makers, are divided about how close the economy is to full employment. To discourage inflation, some think that short-term interest rates should rise again soon and that plans to reduce the central bank's holdings of bonds should be sped up. Show More Summary
That is a request from dearieme, and the answer is yes, the case for free trade is still valid. First, some welfare states, such as the United States and Denmark, are quite compatible with full employment, or could be compatible with...Show More Summary
Artist Kehinde Wiley employed the language of flowers. President Obama’s official portrait uses flowers to tell his story. Infographic by Tom McNamara The National Portrait Gallery in Washington, D.C. is full of familiar faces.... The post The botany in Obama’s official portrait...
I just posted a short piece on SSRN ruminating on the relationship of artificial intelligence to current doctrine. The abstract's below, and the full text will be available shortly. I'll post the link when it is. Imagine that, today or...
By AMANDA VINCENT New NASCAR Xfinity Series team, DGM Racing, has employed the driving services of 2017 NASCAR Pinty’s Series champion for the full 2018 Xfinity Series season. “It’s really good news that I’ll be racing full time in the Xfinity series, and we will be in Daytona next week,” Labbe said, as quoted in [...]
Lower Manhattan has reached a new post-9/11 high in employment, according to a report released by the Alliance for Downtown New York. The neighborhood has 242,000 private-sector employees, the most... To view the full story, click the title link.
(AP Photo/Elise Amendola) A sign advertising employment hangs outside a restaurant in Middleton, Massachusetts, on July 24, 2017. T wo years into U.S. involvement in World War II, President Franklin Roosevelt delivered his 1944 State...Show More Summary
Following up on this post, the NC Legislature has now sought emergency relief in the 4th Circuit. … Continue reading ?
I have to disagree with Paul Krugman on his assessment of the current state of the economy. While I would agree with most of his comments about the state of the stock market and housing market, and also the competence of the Trump administration,...Show More Summary
What does full employment really mean? Full employment in an economic point of view does not necessarily mean everyone has a job. If employment drops beyond a certain point, it can generate price and wage pressures, which might spark an inflation. Show More Summary
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JPMorgan Chase, the city’s largest private employer, said today it will raise wages for tellers and other low-paid employees by an average of 10%. About 1,600 bank tellers and customer-service... To view the full story, click the title link.
US unemployment has fallen to a 17-year low of 4.1%, raising the question of whether the economy has reached full employment. A new analysis from the Atlanta Fed shows the jobless rate would be higher if adjusted for key demographicShow More Summary
There is an effort underway to demonize the title-insurance industry in New York. The motive is as murky as the method. This a billion-dollar industry that employs thousands of New Yorkers. About... To view the full story, click the title link.
Full employment and state policies are aiding the working poor, though some companies are giving Trump's tax cut the credit.
Washington Post: “A decade after the worst economic downturn since the Great Depression, the United States suddenly finds itself at a place where almost everyone who wants a job can find one.” “The unemployment rate in December was 4.1 percent, [...]
Walmart said Thursday that it's giving employees a one-time cash bonus of up to $1,000. Only employees with 20 or more years of Walmart employment will get the full $1,000. In a memo of talking points regarding the pay and benefit changes,...Show More Summary
Skype is one of the few popular messaging and communications services that doesn't yet employ full end-to-end encryption. But that's set to change. Skype Private Conversations is coming following the announcement of an agreement between Microsoft and Open Whisper Systems (makers of the Signal app). More »
Thousands of businesses that employ Dreamers were put on notice when President Donald Trump announced his decision to end the Deferred Action for Childhood Arrivals (DACA) program in September. This... To view the full story, click the title link.