A drop in the supply of workers, as much as a drop in demand, can explain the high ratio of unemployed to available jobs, an economist writes.
Author: By CASEY B. MULLIGAN
What Job Openings Tell Us
A drop in the supply of workers, as much as a drop in demand, can explain the high ratio of unemployed to available jobs, an economist writes.
The Flawed Case for Fiscal Stimulus
The safety-net programs in the federal stimulus that helped fight the recession came at a cost of weakening incentives to work or hire, an economist writes.
Where the Jobs Were Lost
Higher-income people fared much better on the employment front during the recession than those in lower-paying jobs, an economist writes.
Don’t Expect a Full Labor-Market Recovery
Job-market growth should keep up with population growth, an economist writes, but don’t expect a whole lot more.