The contrast between the public and private sectors has largely played out in the labor market.
In other words, they had to offer full-time work because competition in the labor market demanded it.
FORBES: The End of Full-Time Work in the American Retail Service Sector
Also, men typically accumulate more continuous work experience and therefore acquire higher productivity in the labor market.
FORBES: Regulations Are Very Expensive, But Their Economic Value Is Negative
The reform has liberated millions of senior citizens and encouraged their continued participation in the labor market.
FORBES: Why Does The Federal Government Subsidize Retirement?
This trend signals a dramatic shift in the labor market with far reaching implications for businesses and professionals.
We are seeing permanent changes in the labor market, and are learning to operate in a new normal.
The Fed cited conditions in the labor market and worries about the economy.
There may be bumps like the recent contraction in the labor market, but we need to look beyond the short term.
The participation rate, a measure of health in the labor market, slid again to 63.3%, marking the lowest level since 1979.
FORBES: METALS OUTLOOK: Gold Bounces From Lows, May Continue Higher Next Week
He says the legal distinction can be confusing even for an employer with his decades of experience in the labor market.
The principal sources of an individual's higher earnings are more schooling and the accumulation of experience and skills in the labor market.
Even if there are positive spillover benefits from increased home ownership, these come at the expense of greater frictions in the labor market.
Figures on Wednesday, particularly out of the U.S., pointed to a further weakening in economic activity and in the labor market during April.
Seasonal volatility in the weekly jobless claims numbers has sparked worries over whether the improvement in the labor market can remain on track.
The rally continued when the Fed announced buying of mortgage-backed securities that would continue until there was meaningful improvement in the labor market.
FORBES: Gold's Recent Pullback Viewed As Correction; Buying Anticipated On Further Weakness
His expertise in the labor market is particularly relevant as we focus on the need to grow the economy and increase job creation.
In providing the Federal Reserve rationale behind the extension, Bernanke cited a concern with future economic growth without improvements in the labor market.
"The momentum in the labor market is slowing, but it's not falling off a cliff, " said Neil Dutta, an economist with Bank of America Merrill Lynch.
The massive consumer credit overhang from the binge spending of the 2000s has left individuals less eager to spend, especially given the rocky outlook in the labor market.
FORBES: Fed Watch 2012: What Does Ben Have Up His Sleeve Now?
This would require a lowering of the benefit at age 62 relative to age 70 and would encourage seniors to remain in the labor market for more years.
FORBES: Why Does The Federal Government Subsidize Retirement?
But in the labor market, IBM have got it right.
FORBES: Will IBM's Bet On A Realigned Jobs Market Be Its Undoing?
The report further finds that an effort by the US to help women catch up with men in the labor market would boost the US GDP by 5 percent.
FORBES: Why Do Women Fare Better In the German World of Work Than In The US?
The Philly Fed said it saw little improvement in the labor market this month, with only 14% of companies reporting an increase in employment, and 10% reporting a decline.
The prospect of a higher wage encourages people to drop out of school and participate in the labor market (where they might crowd out those who are even less productive).
Yun remains optimistic that a recovery could develop quickly as the economy adds jobs, but ongoing weakness in the labor market makes that seem a ways off and other concerns remain.
If the numbers seem small, particularly for professionals, it is because few foreigners have achieved the level of skills and expertise, and language capability, to make them competitive in the labor market.
In general, optimists did turn out to be perceived by their peers as more charismatic, but that accounted for only a fraction--approximately one-third at most--of the optimists' greater success in the labor market.
When so many people -- especially the young -- are struggling to find a toe hold in the labor market, does it really make sense to make it harder for employers to hire them?
On inflation, the Fed chairman said that while high energy prices continue to be a source of risk, ongoing productivity gains in the labor market should keep wage increases--still the biggest driver of overall inflation--under control.
应用推荐