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www.employamerica.org | ||
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libertystreeteconomics.newyorkfed.org
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| | | | | The debate about the natural rate of interest, or r*, sometimes overlooks the point that there is an entire term structure of r* measures, with short-run estimates capturing current economic conditions and long-run estimates capturing more secular factors. The whole term structure of r* matters for policy: shorter run measures are relevant for gauging how restrictive or expansionary current policy is, while longer run measures are relevant when assessing terminal rates. This two-post series covers the ev... | |
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www.epi.org
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| | | | | The huge gap between rising incomes at the top and stagnating pay for the rest of us shows that workers are no longer benefiting from their rising productivity. Before 1979, worker pay and productivity grew in tandem. But since 1979, productivity has grown eight times faster than typical worker pay (hourly compensation of production/nonsupervisory workers). | |
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www.stlouisfed.org
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| | | | | After declining then remaining fairly constant over the previous decade, the share of U.S. workers who are self-employed has grown in the aftermath of the COVID-19 recession. | |
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www.nbcnews.com
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| | | South Korea's President Lee Jae Myung faces a pivotal foreign policy test barely two months after taking office, with back-to-back summits in Tokyo and Washington. | ||
