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Keywords:Labor 

Online Retailing, Self-Employment Disrupt Inflation

The employment status of increasing numbers of workers has become contingent in recent years—that is, there is greater freelance, or “gig,” employment. This development has coincided over the past two decades with an era of increasing online commerce that provides consumers a wider array of products and services at competitive prices.
Dallas Fed Economics

Real Wages Grew During Two Years of COVID-19 After Controlling for Workforce Composition

Despite recent negative real wage growth, workers have experienced real wage gains over the two years of the pandemic.
Dallas Fed Economics

What Can Geolocation Data Tell Us About Childcare Use and Accessibility?

In the U.S., many parents of young children may not have enough childcare providers near them, which may limit not only their childcare access but also their employment opportunities. In this article, we explore how data on people’s visiting patterns to childcare providers might help inform our understanding of the geographic distances between where families live and where providers operate, as well as how these distances and the capacity of providers can affect childcare access. Our research is part of the Chicago Fed’s Spotlight on Childcare and the Labor Market, a targeted effort to ...
Chicago Fed Insights

Without Immigration, U.S. Economy Will Struggle to Grow

Slowing labor force growth is the product of a number of factors—the aging of the U.S. population, retiring baby boomers and declining birth rates. But another element is immigration.
Dallas Fed Economics

Journal Article
Research Spotlight: Assessing Unemployment Insurance

Unemployment insurance (UI) programs assist unemployed workers but can also reduce their incentive to search for a new job. This trade-off has led to multiple studies about whether the benefits of UI programs outweigh the costs. Most microeconomic analyses of these programs have determined that these programs do benefit society. In contrast, many macroeconomic analyses disagree, noting that unemployment benefits often tend to reduce production, reduce private savings, and increase prices. Recent research by Richmond Fed economist Nicholas Trachter, along with Facundo Piguillem of the Einaudi ...
Econ Focus , Volume 23 , Issue 4Q , Pages 12

Room to Grow? Inflation and Labor Market Slack

Compared with the usual ex-food-and-energy measure, the Dallas Fed’s Trimmed Mean PCE inflation rate sends a clearer, more reliable signal about whether cyclical inflation pressures are building.
Dallas Fed Economics

Changes in Labor Force Participation Help Explain Recent Job Gains

The U.S. labor force participation rate declined following the Great Recession to a low of 62.3 percent in 2015.
Dallas Fed Economics

Conference Paper
Re-Evaluating Labor Market Dynamics : Economic Policy Symposium, Jackson Hole, Wyoming, August 21-23, 2014

Proceedings - Economic Policy Symposium - Jackson Hole

Lowest-Income Workers See Accelerated Earnings Growth During Pandemic

In many respects, the pandemic has disproportionately harmed low-income workers. Earnings growth, triggered by labor shortages and high turnover rates, could be a rare exception.
Dallas Fed Communities

Supply-Chain Woes, Labor Shortages and COVID-19 Slow Resilient Texas Economy

Regional economic growth has slowed, though it remains robust by historical standards. While demand has improved from year-ago levels, supply-chain disruptions and labor shortages have limited output growth and pushed up wages and prices.
Dallas Fed Economics

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