Who still earns the minimum wage in a tight labor market?

Jul 2, 2019
Some states and several cities and counties are raising their minimum wages this week
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What does it take to establish yourself in a "winner-take-all" economy?

Jun 18, 2019
The New York Times' Neil Irwin has spent some time trying to figure out exactly that.
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How trade policy changes are affecting one company in Columbus, Georgia

Jun 17, 2019
And how its customers are thinking about supply chains.
An employee at Goldens’ Foundry and Machine Co.’s Columbus, Georgia, facility.
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India: where a million new jobs a month isn't enough

May 13, 2019
India isn't generating enough jobs to lift living standards.
Laborers stand on the side of the road hoping to pick up work on April 9, 2019 in Bhopal, India.
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What does "tight labor market" mean? Opportunity!

May 3, 2019
Workers' bargaining power is greater.

Here's what's driving increasing college enrollment

Apr 29, 2019
New data from the Labor Department show more high school graduates enrolled in college last year than in 2017. Nearly 69 percent of 2018 high school graduates went to college, compared to 67 percent the year before. College enrollment has steadily risen over the last decade or so. Click the audio player above to hear […]
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For public good, not for profit.

The cost of youth unemployment

Apr 4, 2019
There are about 4.5 million young adults in their late teens and early 20s who are neither in school nor working.
Ricco Williams of Euclid, Ohio, never finished high school, but recently enrolled in a free tutoring program to prepare for the GED exam.
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Tight jobs lead to higher rents, which lead to core inflation increase

Dec 13, 2018
The Consumer Price Index, if you take out food and energy, showed prices rising slightly. It climbed 0.2 percent, so year-over-year prices have climbed 2.2 percent. One of the reasons for the price hikes in November was rent. And you might not be happy to hear it, but it could well be another sign of […]

You can take this job and love it. Why? If you leave, it may be hard to find a new one.

Dec 7, 2018
Unemployment is lower than at any time in nearly half a century. Lots of jobs have been added this quarter. But today’s job report indicates that now more people are being laid off and filing for unemployment. As the labor market deals with tariffs and fluctuating financial markets, it’s hard to predict what might happen […]
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