Job openings jumped to 7.6 million in April, and layoffs ticked back down after rising in March. But hiring and quits continued to slow. In other words: More of this low-churn, "low-hire, low-fire" labor market. #JOLTSbls.gov/news.release/jolts.n…
Here's another post mangling my "Pig in the Python" paper. I argued that boomers departures will likely lead to higher wages and reduced inequality for the young. This person says we are screwing everything up by retiring.
This article completely misinterprets my new paper on "The Pig in the Python." I argue that the the demand for young workers will grow dramatically over the coming decades, likely leading to rising wages, stronger unions, and lower inequality. /1
This article completely misinterprets my new paper on "The Pig in the Python." I argue that the the demand for young workers will grow dramatically over the coming decades, likely leading to rising wages, stronger unions, and lower inequality. /1
Lichtenberg somehow transforms my optimistic argument into a dystopian catastrophe. Labor shortages are clearly a good thing from the perspective of the laborers, but I guess Fortune Magazine has a different perspective.
pnas.org/doi/10.1073/pnas.26…msn.com/en-us/money/markets/…
Reporter: President Trump has granted clemency to numerous individuals who stole millions in Medicaid funds. Can we expect any of these folks to be shown the same mercy in the future?
McDonald: I'll take a different question
NESTERAK: President Trump has granted clemency to numerous individuals who have stolen hundreds of millions in Medicaid funds. Can we expect any of these folks to be shown the same mercy?
McDONALD: I'll take a different question
My new @ipums analysis of the “Pig in the Python” argues that the demand for young workers will grow dramatically over the coming decades, likely leading to rising wages, stronger unions, and lower inequality.
I argue that an unprecedented demographic transformation will drastically reduce competition for jobs by 2040. Barring an economic collapse, we can expect a massive shortfall of new workers, leading to upward pressure on wages and an improved climate for labor organizing.
My new @ipums analysis of the “Pig in the Python” argues that the demand for young workers will grow dramatically over the coming decades, likely leading to rising wages, stronger unions, and lower inequality.
My new @ipums analysis of the “Pig in the Python” argues that the demand for young workers will grow dramatically over the coming decades, likely leading to rising wages, stronger unions, and lower inequality.