In February, the Congressional Budget Office (CBO) released a budget outlook that showed significant changes in the effect of Obamacare on the supply of labor. This led to a furious outcry from ...
Many commentators claim that labor’s share of income has fallen to historic lows. They claim that a combination of automation, decreased unionization, and free trade reduced workers’ ability to ...
Thomas Piketty’s work on inequality — particularly his best-selling book — focused attention not just on the income gap but also the capital vs. labor gap. More and more income was flowing — and would ...
Despite signs the labor market is starting to loosen, aerospace and defense industry executives said they’re still struggling with hiring, training and the loss of skilled workers. WASHINGTON ― ...
In some but not all industries, we can measure output; e.g., tons of this, cubic yards of that. By relating output to hours of labor, we have a measure of labor productivity. As measured by the U.S.
Sluggish labor compensation growth, in particular wage growth, has been one of the Federal Reserve’s major concerns. This is a concern because the Fed links rising wage costs with subsequent inflation ...
In many advanced countries, the labor share has been declining since the 1980s Labor compensation is still higher today than just before the Great Recession But the labor share has declined further in ...
The scheme, paid for by contributions from the financial industry itself, would give customers a second chance to raise their complaints against the banks, even if they have been denied compensation ...
Consolidated NY Services Inc. of Brooklyn, a labor broker in the construction industry in New York City, pleaded guilty recently to one count of Insurance Fraud in the Second Degree, a class C felony.
Lawyer Lee Min, who described the money as "compensation", said it was the first case in which money was paid by a Japanese company to a forced labor victim. Hitachi Zosen, a major heavy machinery and ...