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Large, Dominant Firms Depress Local Wages; Housing Costs Help Offset Lower Pay
Tracy, Joseph; Kahn, Matthew E.
(2020-01-07)
Concern has increased about the ability of very large firms to exert market power and hold down wages in localities where they dominate.
Dallas Fed Economics
Whose Wages Are Falling Behind the Least amid Surging Inflation?
Rich, Robert W.; Tracy, Joseph; Krohn, Mason
(2022-10-18)
For a majority of workers, wages didn’t increase as fast as inflation in the 12 months ended in second quarter 2022. Here, we dig deeper to see how outcomes may have differed across groups of workers.
Dallas Fed Economics
Texas economic activity, job growth weaken as 2023 closes
Morales-Burnett, Diego; Torres, Luis
(2023-12-21)
Texas economic growth slowed in the fourth quarter, with job growth falling sharply in October and business activity contracting slightly in November.
Dallas Fed Economics
Emerging-market countries insulate themselves from Fed rate hikes
Davis, J. Scott; Sagnanert, Pon
(2023-08-08)
Earlier episodes of sizable Fed tightening preceded destabilizing currency devaluations in emerging markets, precipitating sovereign debt and banking crises in many of those economies
Dallas Fed Economics
Revisiting the odd behavior of the Beveridge curve as unemployment stays low
Cheremukhin, Anton A.
(2024-03-05)
At first glance, it seems unlikely that the unemployment rate would remain stable if the number of job vacancies decreased. However, such a scenario played out recently as the number of firms seeking to fill positions by poaching employees from other firms increased, while the ranks of the unemployed remained relatively stable.
Dallas Fed Economics
Commuting Patterns During COVID-19 Endure; Minorities Less Likely to Work from Home
Bick, Alexander; Blandin, Adam; Mertens, Karel
(2020-09-01)
Some workers transitioned to working from home relatively easily. In many jobs, however, performing regular work activities from home is impossible, forcing many individuals to become inactive or look for a new job.
Dallas Fed Economics
Texas firms use AI with little employment impact so far
Cañas, Jesus; Kerr, Emily
(2024-06-25)
Learning how businesses use artificial intelligence (AI) helps policymakers understand changing economic conditions, particularly involving employment and productivity.
Dallas Fed Economics
Which Core to Believe? Trimmed Mean Versus Ex-Food-and-Energy Inflation
Koenig, Evan F.; Dolmas, Jim
(2019-05-28)
Twice since 2014, core personal consumption expenditures (PCE) inflation—inflation excluding food and energy—decelerated sharply, only to ultimately reverse course.
Dallas Fed Economics
Global Perspectives: Epidemiologists Robert Haley and Trish Perl on Fighting COVID-19
Wynne, Mark A.
(2020-07-09)
Haley, Perl and Dallas Fed President Rob Kaplan discussed the ongoing pandemic, how best to contain it and prospects for a vaccine.
Dallas Fed Economics
Texas Economic Activity Suddenly Contracts in March; Outlook Worsens Due to COVID-19
http://fedora:8080/fcrepo/rest/objects/authors/; Cañas, Jesus
(2020-03-31)
The economic downturn in Texas has begun, recent data suggest.
Dallas Fed Economics
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