Why Is There a Labor Shortage?
Early retirements, migration, career reassessments, and childcare problems explain a lot.
When McDonalds Came to Denmark
The story of why McDonalds pays Danish workers $22/hr.
August Job Growth Was Twice as Fast in States That Retained UI
More evidence mounts against the unemployment benefit cuts.
The Department of Labor Should Overhaul the Occupational Employment and Wage Statistics Program
The current survey was designed for a single use: determining wages for guest worker visa programs. Yet occupational earnings data have a deeper origin and purpose in full-employment planning.
Childcare Disruptions Remain a Recovery Bottleneck
Childcare disruptions are still way higher than before the pandemic.
What Is Going On With Inflation? Vacations and Chips.
Airlines, hotels, and used cars make up 65% of the inflation bump.
What Michal Kalecki Meant by Full Employment
It is not about the employment level. It is about holdout power.
Big Increase in Jobseekers Who Are Finding Jobs
Gross labor flows tell a more detailed story of the labor market.
Clearing Up Confusions About the PRO Act
The ABC Test is not really being implemented, though it should be!
The Fight For Full Employment Starts Now
This time, let's err on the side of overheating for once.