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

There's been a growing air of pessimism around the labour market since Labour's maiden Budget, and with good reason.

Labor markets regularly swing from firm-friendly to job seeker–friendly, causing organizations to fluctuate greatly in terms ...

This paper examines how the composition of firm exposure and competition among imperfectly substitutable workers mediate the earnings, welfare, and unemployment incidence of changes in the ...

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.

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 ...

More firms are planning job cuts in the next quarter than at any time in the last decade, excluding the pandemic.

Explore how financial trends shape job prospects and salaries. Learn which industries shift, which stay stable, and what ...