According to the National Bureau of Economic Research, the “Great Recession” officially ended four years ago. Nonetheless, job growth remains anemic. Many economists have struggled to explain its ...
A worker watches as a machine processes cotton yarn at a Huafu Fashion plant, as seen during a government organized trip for foreign journalists, in Aksu in western China’s Xinjiang Uyghur Autonomous ...
Since its release earlier this year, Chat GPT-4 and other artificial intelligence (AI) tools from Google, Microsoft and other tech companies have led to a plethora of speculation about how entire ...
Amazon is likely to run out of prospective workers for its US warehouses by the year 2024, according to an internal memo that was leaked to Recode. The memo contained internal research from 2021 that ...
Balancing labor supply and employer demand has major implications for workers, families, communities, companies, and governments. Economists and policymakers think a lot about how to maintain this ...
After last week’s weaker-than-expected payrolls release, the Fed will likely lower policy rates at the next FOMC meeting in September. Although concerns over a slowdown in labor demand have gained ...
Vigilance and discipline remain watchwords in the industrial sector, our latest analysis of the earnings call transcripts of 50 prominent U.S.-based manufacturers shows. With demand not broadly strong ...
Artificial intelligence (AI) is playing a role in helping companies and government agencies remove products from the supply chain that are suspected of being tainted by the use of Uyghur-forced labor ...
The current jobless rate of 3.4% is below the natural rate, implying labor market tightness and according to the Phillips curve construct. For the Phillips curve to "work," changes in unemployment and ...
The United States needs to invest in its workers—a proven method to grow the economy by growing the middle class. Expanding the pool of available workers would not only help ease inflationary ...
This article originally appeared in Outsource Magazine. It was written by Katy E. Wilson, who completed Rutgers Business School's Master of Supply Chain Management program last year, and Maung K. Min, ...
We study how financial frictions amplify labor supply shocks in a macroeconomic model with occasionally binding financing constraints. Workers supply labor to entrepreneurs who borrow to purchase ...