Federal Reserve Bank of Chicago President Austan Goolsbee said the U.S. central bank must take a patient and flexible ...

We begin by examining the fundamentals of monopsonistic wage determination. The core of the theory is a mapping from the distribution of worker outside options to wages. We study non-parametric shape ...

We investigate the impact of digital technology on employment patterns in Korea, where firms have rapidly adopted digital technologies such as artificial intelligence (AI), big data, and the internet ...

Economic-development wins are positive but are also raising competition for workers, leading a consultant to warn a group of ...

Business filings of mass layoff plans have been elevated in recent months. The unemployment rate is historically low, but ...

Amid geopolitical risks there is a rise in trade protection, and the threat of Trump’s tariffs have only escalated the uncertainty in global markets.