workforce

This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty years. The results indicate that more than 70 percent of the increase in the duration of unemployment over the past thirty years can be attributed to an increase in within-group wage inequality.

This paper reconsiders the cost of business cycles under incomplete markets. Primarily, the authors focus on the heterogeneity in the cost of business cycles among agents with different skill levels. Unskilled workers are subject to a much larger risk of unemployment during recessions than are skilled workers.

This paper estimates the effect of U.S. internal migration on real wage growth between the movers’ first and second jobs. Findings indicate a significant effect of migration on the wage growth of college graduates of 10 percent and a marginally significant effect for high school dropouts of -12 percent.

This paper develops four propositions that show that changes in the global job market for science and engineering (S&E) workers are eroding US dominance in S&E, which diminishes comparative advantage in high tech production and creates problems for American industry and workers.

Based on static partial equilibrium analysis, the "new brain drain" literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in welfare and growth due to education’s positive externalities. This paper, on the other hand, argues that these claims are exaggerated.

The authors find that technologys effect on employment varies greatly across manufacturing industries. Some industries exhibit a temporary reduction in employment in response to a permanent increase in TFP, whereas far more industries exhibit an employment increase in response to a permanent TFP shock.

In Silicon Valleys computer cluster, skilled employees are reported to move rapidly between competing firms, according to the authors. If true, this job-hopping facilitates the reallocation of resources towards firms with superior innovations, but it also creates human capital externalities that reduce incentives to invest in new knowledge.

The report reveals that by strategically combining resources, institutions can deliver services targeted to meet regional employer needs while providing extensive preparation and support for program participants.

The authors incorporate the now standard knowledge-capital model of multinational firms in a new economic geography setting. The theoretical predictions of the model suggest that unskilled labor mobility leads to less concentration of production than skilled labor mobility does.

The report uses 15 indicators to compare the southern states with the U.S. overall in workforce development. According to the reports findings, the south lags slightly behind in several indicators.