Job Market Monitor
Nancy Folbre
US / Is the Golden Age of Human Capital Over?
It seems that the golden age of human capital is losing its shine. That shine came not just from a high rate of return (both individual and social) on a college degree, but also from a beautiful, if partial, alignment between ideals of human development and the needs of employers. It was a happy alignment, … Continue reading
College Grads / A demand problem, not a skills problem
The same factors that are hurting the job market are making it hard for start-ups and small businesses to succeed: consumers aren’t spending enough money to create an expansion on their own, and austerity-driven cuts in government spending are weakening economic growth. As Heidi Shierholz of the Economic Policy Institute puts it, the declining prospects … Continue reading
US / All willing and able person have a right to work
All Americans willing and able to work have a right to paid employment. If the private sector can’t generate sufficient jobs, the public sector should provide them. This definition of “right to work” obviously differs from the one that Republican legislators in Michigan deployed when they passed a new law absolving workers from the responsibility … Continue reading
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