Job Market Monitor
Competitiveness
Cost Competitiveness – The old worldview now appears to be out of date
For the better part of three decades, a rough, bifurcated conception of the world has driven corporate manufacturing investment and sourcing decisions. Latin America, Eastern Europe, and most of Asia have been viewed as low-cost regions. The U.S., Western Europe, and Japan have been viewed as having high costs. But this worldview now appears to … Continue reading
Do Fewer Unions Make Countries More Competitive? No it seems
The effect of unionization on a country’s economic competitiveness is of great interest to — and controversy among — economists. Are countries with higher rates of unionization more or less economically competitive? We can take a first look by comparing measures of unionized workers in developed countries against a measure of those countries’ competitiveness. The chart below … Continue reading
Obama Jobs Council – A Lot of Outsourcers
During the past two weeks, President Barack Obama’s campaign has blasted Republican challenger Mitt Romney as an “outsourcer,” focusing on his career with private equity firm Bain Capital. The Romney campaign hit back on Tuesday, claiming Obama’s stimulus package failed to protect American workers and helped create jobs overseas. If Romney really wanted a juicy … Continue reading
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