We begin by examining the fundamentals of monopsonistic wage determination. The core of the theory is a mapping from the distribution of worker outside options to wages. We study non-parametric shape ...

There are growing indications of weakness in the job market, Atlanta Fed President Raphael Bostic said Thursday. “I view the employment outlook as stable, but signs of slowing are accumulating,” ...

A new paper by Harvard economists David Deming and Lawrence H. Summers offers early evidence of artificial intelligence ...

I write about financial market trends and recession risk indicators. The U.S. labor market has been the economy’s most solid pillar over the past several quarters, with an average of 314,000 ...

The first component will focus on the different positions within these debates, the claims around the empowerment potential of labour market participation and the claims around growth. It will examine ...

U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...

But some on Wall Street think the labor market, not inflation, is the place to look for better clues on what could push the Fed to cut rates later this year. Just look at what happened in ...

But 65,000 people entering the labor market is actually "a quite small number," said Harry Holzer, a nonresident senior fellow in Economic Studies at Brookings Institute and a public policy ...