151 posts on "Labor Market"
October 5, 2017
How Is Online Shopping Affecting Retail Employment?
It’s been said that if you want to know how the economy is doing, look at how many people are carrying shopping bags. That adage may not hold so well today. The rise of the internet and e-commerce over the past two decades has chipped away at the market share of “brick and mortar” retailers.
August 21, 2017
Just Released: Introducing the SCE Labor Market Survey
The New York Fed has just released new data on individuals’ experiences and expectations in the labor market. These data have been collected every four months since March 2014 as part of the Survey of Consumer Expectations (SCE). In this post we introduce the SCE Labor Market Survey and highlight some of its features.
August 10, 2017
Just Released: Economic Press Briefing Focuses on Regional Wage Inequality
The New York-Northern New Jersey region is home to some of the most and least unequal places in the nation, based on research presented today at our economic press briefing examining wage inequality in the region. Wage inequality—meaning the disparity in earnings between workers—has increased significantly in the United States since the early 1980s, though some places have much more wage inequality than others. Fairfield, Conn., for example, ranks as the most unequal metropolitan area in the country, and the New York–Northern New Jersey metropolitan area ranks in the top ten. On the other hand, most of the metropolitan areas in upstate New York are among the least unequal places in the country.
June 2, 2017
Valuing Workplace Benefits
Workplace benefits—such as parental leave, sick leave, and flexible work arrangements—are increasingly being recognized as important determinants of differences in labor supply behavior, education and occupation choice, inequality in wages, and gender disparities in labor market outcomes.
Posted at 7:00 am in Labor Market | Permalink
May 19, 2017
Hey, Economist! Is Now a Good Time to Be Graduating from College?
A Conversation with Jaison R. Abel and Richard Deitz With the 2017 college graduation season in full swing, we thought it would be helpful to take stock of the job prospects for recent college graduates. Is now a good time to be graduating from college? Publications editor Trevor Delaney caught up with Jaison Abel and […]
Posted at 7:00 am in Education, Hey, Economist!, Labor Market, Student Loans, Unemployment | Permalink | Comments (2)
April 5, 2017
How Do People Find Jobs?
Most people find themselves looking for work at some point in their adult lives. But what brings employers and job seekers together? And does searching for a new job while unemployed lead to different outcomes than searching while employed?
November 28, 2016
At the N.Y. Fed: Convening on the Evolution of Work
Nora Fitzpatrick, Laura Pilossoph, Anika Pratt, and Aysegul Sahin The Federal Reserve Bank of New York recently hosted “The Evolution of Work,” a conference that brought together thought leaders from academia, government, industry, labor, and the nonprofit sector to explore how the nature of work is evolving, including the expanding role of technology, shifts in […]
November 18, 2016
Just Released: Press Briefing on the Survey of Consumer Expectations
The New York Fed’s Survey of Consumer Expectations (SCE) collects information on household heads’ economic expectations and behavior. In particular, the survey covers respondents’ views on how inflation, spending, credit access, and the housing and labor markets will evolve over time. The SCE yields important insights that inform our monetary policy decisions. This morning, President Dudley joined Bank economists to brief the press on the design of the SCE and the latest releases of survey results. President Dudley introduced the briefing by speaking about the benefits of measuring consumers’ expectations.
November 14, 2016
Inflation and Japan’s Ever‑Tightening Labor Market
Japan offers a preview of future U.S. demographic trends, having already seen a large increase in the population over 65.
Posted at 7:00 am in International Economics, Labor Market, Macroeconomics, Unemployment | Permalink | Comments (2)
October 17, 2016
What Caused the Decline in Interstate Migration in the United States?
Geographic mobility is thought to be important both for economic mobility and for the efficiency of a labor market in allocating the right people to the right jobs. Accordingly, the willingness of the U.S. workforce to move is a factor behind the greater dynamism of the U.S. labor market compared to Europe. While Europeans tend to be more reluctant to move to distant places within their respective countries, the idea of moving across state borders for a job has been woven into the fabric of the American Dream. However, the image of the United States as a mobile nation has changed substantially over recent decades. This post investigates the role that demographic shifts—in particular, the nation’s aging population—have played in the recent decline in interstate migration.
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