Each day, millions of parents rely on childcare workers to care for their young children. The labor market for childcare workers determines the wages paid to these workers and affects the operating costs of childcare businesses as well as the price and availability of childcare.
Higher Wages for Early Care and Education Workers Builds a Stronger System
Higher wages for early care and education workers in California is critical to expanding affordable child care.
Top economists and Jerome Powell agree that Gen Z's hiring nightmare is real—and it's not about AI eating entry-level jobs | Fortune
"The U.S. labor market experience is peculiar," UBS' Paul Donovan wrote in a UBS note asking, "the kids are alright?"
Handbook of Labor Economics
What new tools and models are enriching labor economics?Developments in Research Methods and their Application, Volume 4A summarizes recent advances in the ways economists study wages, employment, and labor markets. Mixing conceptual models and empirical work, contributors cover subjects as diverse as field and laboratory experiments, program evaluation, and behavioral models. The combinations of these improved empirical findings with new models reveal how labor economists are developing new and innovative ways to measure key parameters and test important hypotheses. - Investigates recent advances in methods and models used in labor economics - Demonstrates what these new tools and techniques can accomplish - Documents how conceptual models and empirical work explain important practical issues
Families' Use of Payment Instruments During a Decade of Change in the U.S. Payment System
The Federal Reserve Board of Governors in Washington DC.
A 2024 Review of Child Care and Early Learning in the United States
Updated data on child care and early learning in the United States illustrate the urgent need for holistic public policymaking and robust investments that support young children, families, and early educators.
Provision of Onsite Prenatal Care Services at U.S. Federally Qualified Health Centers
CMV: The labor theory of value is flawed
72 votes, 407 comments. This might be an obscure topic, however, in some—largely Marxist circles— the approach seems to motivate much of the dialogue…
Technological Disruption in the US Labor Market • The Aspen Institute Economic Strategy Group
DAVID DEMING, CHRISTOPHER ONG, LAWRENCE H. SUMMERS This paper explores past episodes of technological disruption in the US labor market, with the goal of learning lessons about the likely future impact of artificial intelligence (AI). The authors measure changes in the structure of the US labor market going back over a century in two ways. ...
Who Pays For Your Rewards? Redistribution in the Credit Card Market
The Federal Reserve Board of Governors in Washington DC.
Most Community Health Centers Provide Prenatal Care, But One-Third Still Lack Services | HPHCI: Department of Population Medicine
Boston, MA—A new national study provides the first comprehensive look at prenatal care services offered by federally qualified health centers (FQHCs), revealing that while these safety-net providers play a critical role in caring for low-income and racially diverse pregnant populations, significant gaps in access remain.
Do Employers Have More Monopsony Power in Slack Labor Markets?
This article confronts monopsony theory’s predictions regarding workers’ wages with observed wage patterns over the business cycle. Using German administrative data for the years 1985 to 2010 and an estimation framework based on duration models, the authors construct a time series of the labor supply elasticity to the firm and estimate its relationship to the unemployment rate. They find that firms possess more monopsony power during economic downturns. Half of this cyclicality stems from workers’ job separations being less wage driven when unemployment rises, and the other half mirrors that firms find it relatively easier to poach workers. Results show that the cyclicality is more pronounced in tight labor markets with low unemployment, and that the findings are robust to controlling for time-invariant unobserved worker or plant heterogeneity. The authors further document that cyclical changes in workers’ entry wages are of similar magnitude as those predicted under pure monopsonistic wage setting.
Monetary incentives, what are they good for?
This paper is a critical reflection on the use of monetary incentives in economic experiments. The argument is that incentives have their effect through their influence on one or more of three fact...
Black Women and the Care Agenda | National Partnership for Women & Families
Black women are family caregivers – and they need flexibility and economic supports to make the best decisions for themselves and their families
The End of Children
Birth rates are crashing around the world. Should we be worried?
Cash Works. Place and Amount Matter.
Two excellent new reports from our friends at the Economic Security Project make a strong case for direct cash — and reveal why rural, county-level research matters. Right on Time argues that cash is particularly effective during major transitions: * having a child * losing a job * leaving foster care or incarceration
Young Graduates Face the Grimmest Job Market in Years
Artificial intelligence could reshape work, but for now a low-hire, low-fire labor market is the main impediment for young people seeking employment.
