Future job market trends will favor workers with higher levels of education and training, resulting in fewer jobs for workers with a high school diploma or less, and more jobs for workers with college degrees and certificates. Even against a backdrop of economic uncertainty—driven by high inflation and interest rates, generative AI, international conflicts, changing … Continue reading
This research aims to inform the development of the Poverty and Inequality Commission’s (PIC) advice and recommendations on how the Scottish Government can support the creation of more ‘good jobs’ and reduce in-work poverty as part of the next Child Poverty Delivery Plan. ‘Good jobs’ are defined as secure and meaningful work, with fair pay … Continue reading
After years of slow growth, jobs are back in large numbers. The national unemployment rate is now 5.3 percent, down from the peak of 10 percent in October 2009. The economy added 250,000 jobs per month in 2014, the best year in job growth since the beginning of the millennium. The job growth fell off … Continue reading
Economists are of many minds on the question of whether government policies can reverse negative trends. David Autor, an economist at M.I.T., argued in an email to The Times that “we’re not going to rapidly reverse the tide with any conceivable policy that a mainstream political party or even a mainstream economist would adopt.” Autor … Continue reading