13 posts tagged with employment and economics. (View popular tags)
Displaying 1 through 13 of 13. Subscribe:

Today I am sharing with you an article arguing that unemployment rates during the Great Depression were overstated, that current unemployment rates are understated and that the two sets of data considered in combination indicate that we are are firmly in Depression-era levels of unemployment.
posted by jason's_planet on Nov 12, 2011 - 78 comments

Made in America: small businesses buck the offshoring trend - "For US manufacturing to make sense, factories must make extensive use of automation. That's getting easier, given that the cost of robots with comparable capabilities has decreased precipitously in the past two decades." [more inside]
posted by kliuless on May 20, 2011 - 52 comments

Make Work[1,2,3] or: How I Learned[4,5] to Stop Worrying[6] and Love Deficit Spending[7,8,9] (during a general glut at the zero bound) -- When I was a kid, if I was sitting around the house and complained I didn't have anything to do, my mom would always respond the same way. "I'll find something for you to do," and she would. It was make work, she was finding something for me to do on the spot to cure my unemployment problem... [more inside]
posted by kliuless on Jun 8, 2010 - 33 comments

It has been looked at for many years (link to a 2003 PDF revised edition of a 1983 report). Inspiring reports trying to predict where this was heading, the knowledge economy is incredibly difficult to get a grip on, mainly because its products are intangible. [more inside]
posted by JoeXIII007 on Mar 6, 2010 - 8 comments

How a New Jobless Era Will Transform America
The Great Recession may be over, but this era of high joblessness is probably just beginning. Before it ends, it will likely change the life course and character of a generation of young adults. It will leave an indelible imprint on many blue-collar men. It could cripple marriage as an institution in many communities. It may already be plunging many inner cities into a despair not seen for decades. Ultimately, it is likely to warp our politics, our culture, and the character of our society for years to come. (via rw)
posted by kliuless on Feb 11, 2010 - 84 comments

The Harvard University Worklife Wizard , created by an international team of journalists, economists, and statisticians, is Barbara Ehrenreich's wet dream. It's also a fantastic resource that has flown pretty much under everyone's radar. The Worklife Survey drives the constantly-revised, constantly-refined Salary Comparison Tool, which is always hungry for more data about employment from around the world. And when they say they want data from everyone, they mean it-- there's even a VIP Salary Checker that pits the wages of the Yankees against those of the Red Sox. (Plus if you take the survey, you can apparently earn a chance to win a trip to South Africa). Personally, I love the Workplace Horror Stories (and there's a competition there too). I can't look at a nail clipper the same way now.
posted by yellowcandy on Nov 20, 2006 - 26 comments

Dick Cheney claims that disappointing jobs numbers are undercounting ebay power sellers. The man is on a tear!
posted by luser on Sep 10, 2004 - 47 comments

The Outsourcing Bogeyman by economics professor Daniel Drezner describes the myths, facts and economics behind offshore outsourcing. There is also a critique and rebuttal on Drezner's blog. (via kuro5hin).
posted by TheophileEscargot on Mar 24, 2004 - 26 comments

Say goodbye to more jobs? This is an interesting research report from the Gartner Group on the future of banking, money and economic transition. One of the participants at a conference that Gartner cites is Bernard Leitaer, who is interviewed here. Leitaer is the author of the book The Future of Money. He argues " the malaise Japan has suffered since the early 1990s reflects an economic challenge the whole developed world has begun to face. Today, European and U.S. factories, too, suffer from overcapacity. The vaunted productivity growth spurred by the digital revolution has raised the economy’s stall speed. If the natural growth rate of the U.S. economy has risen to 4% annually, anything less than that rate will cause firms to trim capacity. A firm’s revenue growth often must come at the expense of competitors as well as its own profits because companies have trouble raising prices. In response, companies cut costs any way they can, usually by laying off employees and squeezing suppliers, which causes further layoffs. For developed countries, the safety valves that limited damage during contractions in manufacturing may not work. In past recessions, laid-off factory workers in the Great Lakes states, for example, could migrate to the growing Sun Belt to find new jobs. In the present transition, areas with job growth may lie overseas." The long heralded rise of the information economy, the death of distance and the rise of the global knowledge workers is paradigm shift that our goverment leader's seem ill equiped to handle.
posted by thedailygrowl on Mar 16, 2004 - 36 comments

Good Bye, Horatio Alger The other day I found myself reading a leftist rag that made outrageous claims about America. It said that we are becoming a society in which the poor tend to stay poor, no matter how hard they work; in which sons are much more likely to inherit the socioeconomic status of their father than they were a generation ago. The name of the leftist rag? Business Week, which published an article titled "Waking Up From the American Dream." The article summarizes recent research showing that social mobility in the United States (which was never as high as legend had it) has declined considerably over the past few decades. If you put that research together with other research that shows a drastic increase in income and wealth inequality, you reach an uncomfortable conclusion: America looks more and more like a class-ridden society. And guess what? Our political leaders are doing everything they can to fortify class inequality, while denouncing anyone who complains--or even points out what is happening--as a practitioner of "class warfare." So how do you move on up in the jobless recovery, anyhow?
posted by y2karl on Jan 1, 2004 - 118 comments

Looking for a job? Well, one of the hot temp agencies in the nation is FPI, Inc. Recruting from an active base of some 80,000 people across the nation, and enjoying exemption from competitive bidding (although reform is on the way), FPI produces garments and textile goods. In fact, it's the largest supplier of clothing and textiles for the U.S. government. Net sales for fiscal year 2001 were $583.5 million and, despite an economic shortfall, they rose to $678.7 million in 2002. What accounts for such an unlikely success? Well, the secret can be found in FPI's labor base. FPI only employs prisoners, paying them between $.23 and $1.15 an hour. Of course, with so many resumes to choose from, factory expansion and rising sales figures and profitability (PDF), who knows just how high PDI's lustre will soar?
posted by ed on Nov 20, 2003 - 11 comments

This Guy in Minnesota just got laid-off and he's spending his time following around Bush's economic team on their tour of the upper midwest as they share their "upbeat outlook" on our nation's economy. He's following their tourmobile with his own tourmobile and has been chasing them around in parkinglots and at fast food places. He finally cornered the Treasury Secretary whose advice to the job-seeker was to "just wait." What's your economic reality? Is it closer to the sunny optimism of the big shiny tourbus, or the laid-off reality of the homemade minivan? (Check out the particularly funny bit about how he stumbled on the entire press corps only when he was looking for a dumpster.)
posted by amoeba on Jul 30, 2003 - 84 comments

The world of the laid-off techie. "Human resource experts say the underemployment trend in the current economic cycle is just starting to emerge. Many workers got the ax when mass layoffs peaked in the summer and fall of 2001, and they coasted on several months of severance and unemployment insurance, which generally lasts six months. With the tech job market still in the doldrums, they're now considering new gigs as waitresses, bartenders, forklift drivers or baby sitters--anything to pay the rent. " I wish the media hadn't/didn't focus so much attention on the suits who seem to only be able to "fail upwards" versus the folks in the trenches. (via /.)
posted by owillis on Feb 11, 2002 - 64 comments

Page: 1