Employment

More Germans Relying on Two Jobs to Get By

More Germans Relying on Two Jobs to Get By

This according to Deutsche Welle: Almost 2.66 million people in Germany pursued more than just one job towards the end of 2012, the Federal Labor Agency (BA) reported. According to the Monday edition of the regional newspaper “Freie Presse”, the figure marked another rise by 59,000 people compared to the level reached a year earlier, […]

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US Manufacturing produces everything. . . but jobs

US Manufacturing produces everything. . . but jobs

This according to a recent report from the New York Times: “Even though the U.S. is more competitive globally, manufacturing doesn’t give you the kind of direct job creation it did in years past,” said Joseph G. Carson, director of global economic research at AllianceBernstein, a Wall Street investment firm. “At the end of the […]

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Are Small Businesses Really Job Generators?

Are Small Businesses Really Job Generators?

According to the latest economic research, yes. . . . or no. . . . actually, it all depends (remember, this is economic research we’re talking about.)  Joking aside, this question really matters to economic developers.  This week an editorial in Bloomberg News summarized some of the findings from economists: [Recent] economic research shows that […]

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Filling the “Middle Skills” Gap

Filling the “Middle Skills” Gap

New York Times columnist Joe Nocera has a piece today on the important role community colleges can play in filling “middle skill” jobs (i.e., jobs that require more than a high school diploma, but less than a college degree).  He interviews Gerald Chertavian, developer of Year Up, a program to enable disadvantaged high school students […]

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Is the Skills Gap Slowing Manufacturing Growth?

Is the Skills Gap Slowing Manufacturing Growth?

That’s the argument made by Joshua Brown at the Christian Science Monitor site: Wells Fargo‘s Chief Economist is out with a look at the skills mismatch between what manufacturers need versus what the labor force in America can actually do.  John Silvia notes that this mismatch is nothing new even as it seems more and […]

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Global Capitalism:  What if Joblessness is a Feature, not a Bug?

Global Capitalism: What if Joblessness is a Feature, not a Bug?

That’s the issue raised by economists Michael A. Spence, Distinguished Visiting Fellow and Sandile Hlatshwayo, Researcher, Stern School of Business, New York University: The actions of the free market have made goods less expensive for Americans, but the free flow of labor and capital has also diminished the employment opportunities available in the United States […]

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