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Newsletter
Economy on cruise control in 2010 and 2011
According to participants in the Chicago Fed?s annual Automotive Outlook Symposium, solid economic growth is forecasted for the nation this year and in 2011. Inflation is expected to remain contained, but the unemployment rate is anticipated to remain high. Light vehicle sales are forecasted to improve moderately in 2010 and 2011.
Newsletter
Economic Outlook Symposium: summary of 2009 results and forecasts for 2010
According to participants in the Chicago Fed?s annual Economic Outlook Symposium, solid economic growth is forecasted for the nation in 2010, following a very sharp contraction during 2008 and the first half of 2009; inflation is expected to increase in 2010; and the unemployment rate is predicted to peak early in 2010 and edge lower throughout the year.
Newsletter
Automotive industry outlook: understanding the impact on workers and communities
On October 8?9, 2009, the Chicago Fed, along with the Cleveland Fed, Brookings Institution Metropolitan Policy Program, and the W. E. Upjohn Institute for Employment Research, held a conference to address the ongoing adjustments of the automotive work force and its communities. This article summarizes one of the key conference panels.
Journal Article
Professional employer organizations: What are they, who uses them, and why should we care?
Using both public and confidential data, the authors summarize how the intensity of use of professional employer organization (PEO) services varies across industries and geographical areas. Their analyses using microdata of manufacturing establishments suggest that the use of PEO services depends on the size of the establishment and of its parent firm. The use of PEO services is greater for newly constructed establishments, as well as for establishments with a potentially high injury and illness rate. Greater diversification across industries and geographical areas of a parent firm may also ...
Newsletter
Automotive industry outlook: understanding work force programs
The Chicago Fed, along with the Cleveland Fed, Brookings Institution Metropolitan Policy Program, and the W. E. Upjohn Institute for Employment Research, held a conference on October 8?9, 2009, to explore the ongoing adjustments of the automotive work force and its communities. This article summarizes panels evaluating work force programs.
Journal Article
Fresh water and the Great Lakes economic future: a conference summary
On November 10, 2008, the Federal Reserve Bank of Chicago's Branch hosted a conference to examine fresh water's role in the economic future of the Great Lakes region. Participants discussed policy, development, and restoration issues involving the region's abundant freshwater resources.
Newsletter
Fresh water and the Great Lakes economic future - a conference summary
On November 10, 2008, the Federal Reserve Bank of Chicago?s Detroit Branch hosted a conference to examine fresh water?s role in the economic future of the Great Lakes region. Participants discussed policy, development, and restoration issues involving the region?s abundant freshwater resources.
Newsletter
Why are manufacturers struggling to hire high-skilled workers?
The authors examine the apparent lack of high-skilled workers for the U.S. manufacturing sector by focusing on the educational attainment and wage compensation of manufacturing workers and their nonmanufacturing counterparts over the period 1990?2007.