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Keywords:Labor 

Hours Worked by Women Age 55 to 61 Confound Labor Market Analysis

The seemingly anomalous low LIUR of one particular demographic group poses a challenge for assessing the extent to which the U.S. economy is currently close to full employment.
Dallas Fed Economics

Working Paper
Can Reputation Discipline the Gig Economy? Experimental Evidence from an Online Labor Market

Just as employers face uncertainty when hiring workers, workers also face uncertainty when accepting employment, and bad employers may opportunistically depart from expectations, norms, and laws. However, prior research in economics and information sciences has focused sharply on the employer?s problem of identifying good workers rather than vice versa. This issue is especially pronounced in markets for gig work, including online labor markets, where platforms are developing strategies to help workers identify good employers. We build a theoretical model for the value of such reputation ...
Opportunity and Inclusive Growth Institute Working Papers , Paper 16

Reading the Labor Market in Real Time

A coincident index developed by one of our economists can help gauge the pace of the recovery and obtain real-time information on the state of the labor market.
On the Economy

U.S. Labor Market Slack Created by COVID-19 Pandemic Has Been Absorbed

The weaker-than-expected August labor market report should not obscure the labor market’s ongoing and significant progress while recovering from the COVID-19 pandemic.
Dallas Fed Economics

Discussion Paper
Introduction to Heterogeneity Series II: Labor Market Outcomes

While average outcomes serve as important yardsticks for how the economy is doing, understanding heterogeneity—how outcomes vary across a population—is key to understanding both the whole picture and the implications of any given policy. Following our six-part look at heterogeneity in October 2019, we now turn our focus to heterogeneity in the labor market—the subject of four posts set for release tomorrow morning. Average labor market statistics mask a lot of underlying variability—disparities that factor into labor market dynamics. While we have written about labor market ...
Liberty Street Economics , Paper 20200303

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

Working Paper
The Effect of Immigration on Local Labor Markets: Lessons from the 1920s Border Closure

In the 1920s, the United States substantially reduced immigration by imposing country-specific entry quotas. We compare local labor markets differentially exposed to the quotas due to variation in the national origin mix of their immigrant populations. U.S.-born workers in areas losing immigrants did not gain in income score relative to workers in less exposed areas. Instead, in urban areas, European immigrants were replaced with internal migrants and immigrants from Mexico and Canada. By contrast, farmers shifted toward capital-intensive agriculture, and the immigrant-intensive mining ...
Research Working Paper , Paper RWP 21-09

Journal Article
Opinion: Why Is Returning to the Office Contentious?

A trusted colleague recently relayed an article about CEOs taking a harder line on bringing staff back to the office. I found the employers' views expressed in the article understandable. When it comes to bringing people together in the workplace, it's often the case in specialized teamwork settings that what I as a leader am looking for is simple availability. Stuff needing quick attention comes up in any organization, especially when others are waiting for one team member to dispose of an issue. It is bad for business, and personally frustrating, when such agility is compromised. A rigid ...
Econ Focus , Volume 23 , Issue 4Q , Pages 31-32

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

Updated Chicago Fed Estimate of the Trend Labor Force Participation Rate

We updated the Chicago Fed estimate of the long-run trend rate of labor force participation, or trend LFP rate, to use data from 1982 through 2023 and to incorporate information about the age of children in the household. See Aaronson et al. (2014) for more information about the general approach to estimating the trend LFP rate.
Chicago Fed Insights

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