workforce

Taking the Pulse of the New York City Economy

This examination of the New York City economy argues that although the the city has not recaptured the payroll employment level of its peak in 2001, a broader view of the citys economic health, including alternative job measures, wage and salary earnings and a composite index of economic activity, shows that New York continues upon a healthy thrity year trend of job growth.

Off-Shoring of Business Services and Deindustrialization: Threat or Opportunity - and for Whom?

This paper takes a new look at the issue of overseas
sourcing of services. The author claims that the reduction of employment in some routine tasks in rich countries in a general equilibrium helps sustain and reinforces employment in the core competencies in such countries. That is, the loss of some jobs permits to retain the core competencies in the core countries.

Information Technology Labor Markets: Rebounding, But Slowly

Despite industry claims to the contrary, the recovery of the U.S. information technology (IT) sector has not created enough new jobs for IT workers, according to the report. The report cites the rise in global IT outsourcing as a factor in the protracted recovery. A growing number of processes and services associated with the industry "have been outsourced to providers in low-wage countries," leaving U.S. IT workers un- or under-employed.

Push-Pull Effects of the Information Technology Boom and Bust: Insight from Matched Employer-Employee Data

This paper examines the inflow and outflow of workers to different industries in Georgia during the information technology (IT) boom of the 1990s and the subsequent bust. According to the findings, workers in the software and computer services industry were much more likely to have been absent from the Georgia workforce prior to the boom but were no more likely than workers from other industries to have exited the workforce during the bust.

Team Incentives in Public Organisations; An Experimental Study

Using a simple production game, the authors investigate whether public firms perform better when they increase the power of their workers’ incentive schemes. In a laboratory experiment, subjects choose between a ‘public firm’ and a ‘private firm’ with team and individual incentives, respectively. When exposed to individual incentives, workers in the public firm increase effort in one parametrisation, but show a decrease in another.

Geographic Spillover of Unionism

According to the author, unionism in the United States is contagious; it spills out of coal mines and steel mills into other establishments in the neighborhood, like hospitals and supermarkets. The geographic spillover of unionism is documented here using a newly constructed establishment level data on unionism that is rich in geographic detail. A strong connection is found between unionism of health care establishments today and proximity to unionized coal mines and steel mills from the 1950s.

Potential Economic Impact of Increasing the Minimum Wage in Massachusetts

The Commonwealth’s legislature is currently considering a proposal that would increase the state minimum wage in two steps over the next two years to $8.25 per hour by 2007. Advocates on both sides of the issue have each released a report on the bill’s likely economic impacts. In this report, the author reviews the arguments on both sides of the issue. In doing so, the author discusses
and critiques, where applicable, the evidence presented in the two reports that have been issued on either side of the debate.