Showing results 1 to 2 of approximately 2.(refine search)
Research Spotlight: Measuring Employers’ Market Power
How competitive is the U.S. labor market? Is it highly competitive with few to no distortions, or do a few firms hold dominant market power? Answering this question quantitatively is helpful for understanding how wages are affected by labor market power, and thus for understanding how workers will be affected by labor policy choices.
Job Mobility During and After the Pandemic
n the past few years, job changing in the United States — workers leaving their current employers for new ones — seems to have been on the rise. This development, often called the "Great Resignation," has attracted much attention, but the reasons behind it are far from clear. Is it the result of health and safety concerns causing workers to pull away from the workforce, or of workers reappraising their work-life balance? Or is it, perhaps, the rippling effects of the move toward remote work? It is even possible, as some have argued, that the Great Resignation is not so great after all and ...