Job Market Monitor
Academic Literature
Sexual Activity and Wages / Those employees having sex more than four times a week receive highest wages
The outcomes suggested that wage returns to sexual activity are statistically significant higher for those between 26 and 50 years of age (I was afraid!) Continue reading
Economics 101 / Unemployment stats aren’t working
The unemployment rate is the result of millions of individual stories of finding and losing jobs Continue reading
Economics 101 / Types of Unemployment by St. Louis Fed
When we talk about unemployed resources, we usually do so with respect to labor (e.g., “Uncle Billy lost his job and he is now unemployed”). The blue line on the chart illustrates the proportion of the labor force not being used to produce goods and services—that is, the unemployment rate. Let’s discuss the three types … Continue reading
UI in the US / Extending unemployment benefits increases unemployment research finds
Extending unemployment benefits puts an upward pressure on equilibrium wages, which induces lower vacancy posting by firms and consequently an increase in unemployment research finds. Unemployment in the U.S. rose dramatically during the Great Recession and has remained at an unusually high level for a long time. The policy response involved an unprecedented extension of … Continue reading
US Financial Crisis and Recession / Five decades of evidence : How long? How deep?
Findings suggest recessions in such circumstances are much costlier and slightly longer Continue reading
Recruiting and Social Media / Extraverted candidates prone to postings related to alcohol and drugs and those low in agreeableness in online badmouthing
Results of a study indicate that extraverted candidates were prone to postings related to alcohol and drugs. Those low in agreeableness were particularly likely to engage in online badmouthing behaviors Continue reading
Netherlands / There is little difference between the cyclical sensitivity of immigrant unemployment
In absolute terms, the Great Recession affected the unemployment rate of non-Western immigrants more than that of native workers in the Netherlands. However, this merely reflects their generally weak labour-market position – job-finding rates are much lower for non-Western immigrants than they are for natives. There is little difference between the cyclical sensitivity of these … Continue reading
Great Recession and suicide / A global increase
There were an estimated 4884 (95% confidence interval 3907 to 5860) excess suicides in 2009 compared with the number expected based on previous trends (2000-07). Continue reading
Global Inequality / Within-country inequality had risen to 30 percent of global inequality
But recent falls in global inequality are predominantly attributable to rising prosperity in China a study finds Continue reading
US / 68 percent of high school students say that they access the Internet via a 3G/4G mobile device
Education is at a critical juncture in the United States. It is vital for workforce development and economic prosperity, yet is in need of serious reform. American education was designed for agrarian and industrial eras, and does not provide all the skills needed for a 21st century economy. This creates major problems for young people … Continue reading
Computers could replace about 47 percent of jobs research finds
The authors further provide evidence that wages and educational attainment exhibit a strong negative relationship with an occupation’s probability of computerisation. Continue reading
Human Capital / The quality of labor in rich countries would be about twice as large as the quality in poor countries research finds
The authors measure talent using the observed achievement levels from the Programme for International Student Assessment (PISA) scores. Their findings imply that the quality of labor in rich countries is about twice as large as the quality in poor countries Continue reading
US Job Market / “Jobless Recoveries” are likely in the future finds Brookings (Video)
In each of the three most recent U.S. recessions, the unemployment rate has stayed high for longer and longer durations, increasingly resembling the experience of many West European countries in the 1980s Continue reading
Ageing, Social Security, and the Intergenerational Debate – An Overview
The ageing society debate is at the forefront of calls to reduce government deficits. The debate is driven by the proposition that national governments will not be able to afford to maintain the spending necessary to support the growing demands for medical care and pension support as populations age. At some points, the argument goes, … Continue reading
China / Are Graduates of General Education Institutions More Competitive in the Job Market ?
In China, the enrolment number in higher education has dramatically increased, 513,000 more than that of 1998, which in total reached 1,597,000. But, are Graduates of General Education Institutions More Competitive in the Job Market ? Continue reading
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