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Greece's economic and political unraveling could not be coming at a worse moment for President Obama. The crisis has the potential to send shock waves not simply through Europe but also through global financial markets on the very eve of the U.S. presidential election.
The U.S. economy creates more than 7 million new jobs every quarter, and millions of workers quit their jobs each month. What do these numbers mean for our understanding of the labor market? What impact does a fluid labor market have on productivity growth? How does the pace of job...
New data sources and products developed by the Bureau of Labor Statistics and the Bureau of the Census highlight the dynamic character of U.S. labor markets.
Breaking windows will stimulate the economy, according to a leading public pension advocacy group. Skeptical? The National Institute on Retirement Security (NIRS) has not literally endorsed breaking windows, but a report recently published by the organization relies on the same economic fallacy.According to NIRS-whose membership consists principally of...
If ever we need evidence of ideology run rampant, the House vote to eliminate the annual American Community Survey and the Economic Census to provide basic information on the state of businesses and industries in the country and data used for generating quarterly gross domestic product estimates is exhibit A.
Who really pays for costs of employee health benefits that rise faster than labor productivity?
I learned to appreciate the American free enterprise system by quitting a job in Spain.At age 19, I dropped out of school to pursue a career as a French horn player. After a few twists and turns, I wound up in the Barcelona Symphony, which was a Spanish...
President Barack Obama took office in January 2009 after having campaigned on the broad promise of "hope" and "change." However, to stay in office, there is one thing President Obama should hope for: an improvement in the employment picture before the 2012 elections.







