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How labor market policies shape immigrants’ opportunities
When it comes to unemployment and labor force participation rates, immigrants do better in the United States than in most other countries. In 2005, for example, the foreign-born had average unemployment of 4.6 percent in the U.S., well below native-born workers? 5.2 percent. U.S. immigrants also had higher participation rates. The American experience stands in stark contrast to many other developed nations?. In France and Germany, for example, the foreign-born typically have jobless rates twice as high as native-born workers and lower participation rates. ; What accounts for these ...
A perspective on Mexico
Remarks for the Jose Cuervo Tequila Talk, Institute of the Americas, La Jolla, California, April 5, 2006 ; "For Mexico and the U.S. states along its border, the stakes are high. Geographic proximity to the United States and ease of transport are key aspects of Mexico's comparative advantage vis-a-vis nations in Asia and Eastern Europe. A loss of competitiveness in Mexico is a loss for the entire border economy, where so much of our growth is linked to expansion on the more populous Mexican side. We must pay greater attention to the changes in infrastructure, regulations and other areas that ...
Racing to the top: how global competition disciplines public policy
Remarks before the Dallas Friday Group, Dallas, Texas, April 11, 2006 ; "Competition brings benefits to the public sector the same way it does the private sector. Because factors of production are increasingly mobile in an era of globalization, governments vie to gain and hold onto them. Mobile factors will flee economies that burden them with high taxes, excessive regulation and capricious administration. They gravitate toward countries that offer the best opportunities to increase profits or paychecks. The economic benefits of productive factors give nations strong incentives to maintain ...
Not working: demographic changes, policy changes, and the distribution of weeks (not) worked
From 1978 to 2000 the fraction of adult men in full-year non-employment increased from 17.1 to 21.6 percent. Previous research focused on the role of disability insurance policy and wage structure changes to explain this increase. Using Current Population Surveys from 1979 to 2003 we assess how much of the changes in full-year non-employment can be explained by demographic changes, possibly linked to health. With our empirical strategy we examine how 1978 to 2000 changes in demographic characteristics would have changed the distribution of weeks worked if policies and macroeconomic conditions ...
A lawyer's perspective on planning a reduction in force
Explaining the recent decline in the unemployment rate
The unemployment rate fell by nearly 1 percentage point between November 2010 and March 2011. Was this drop due to unemployed workers exhausting their unemployment insurance (UI) benefits and choosing to stop looking for work or due to more positive labor market developments, such as fewer workers losing their jobs or more workers finding new jobs?
How much has house lock affected labor mobility and the unemployment rate?
This article explores new evidence from the U.S. Census Bureau?s Survey of Income and Program Participation (SIPP) on the extent to which ?house lock?--the reluctance of households to sell their homes in a declining house price environment--has contributed to the elevated unemployment rate since 2008.