Hires, quits, and layoffs exhibit strong, highly nonlinear relationships to employer growth rates in the cross section. Simple statistical models of these relationships greatly improve our ability to account for fluctuations in aggregate worker flows and enable us to construct synthetic measures of hires, separations, quits, and layoffs back to 1990.

What's on the horizon for taxes? AEI's Aparna Mathur weighs in with the House Small Business Committee.

Are global corporations cleaning up their supply chains? The debate over the abysmally low wages paid to workers in emerging economies illustrates the difficulty. There are two conflicting narratives, both tied to China.

Jamie Dimon had no difficulty understanding one of the cardinal rules of Chicago politics, "Don't back no losers." That makes his apparent move to the Republicans very interesting.

The Job Openings and Labor Turnover Survey is an innovative data program that presents measurement issues that are imperfectly understood.

Once little more than a blip on the radar of American higher education, for-profit colleges now enroll about 1 in 10 of the nation’s postsecondary students. And this fast growth has not gone unremarked. The past year has brought unprecedented scrutiny and often harsh criticism of proprietary education from policy makers, regulators, and the news media.

The observations and experiences of interviewees who have worked in both for-profit and not-for-profit higher education suggest that traditional colleges and universities will be badly mistaken if they assume that the travails of for-profits today mean that useful lessons cannot be drawn from their successes to date—and those likely to occur in the future.

If Indiana governor Mitch Daniels, who has cut spending in his state and gained a reputation as a skinflint, runs for president, he promises to be more of a long-range planner than any presidential candidate we have ever seen.