This did not occur at the end of the Great Recession due to historic price declines, excess inventories and pent - up housing demand associated
with a weak labor market.
Not exact matches
While the
labor market has returned to more normal levels, with the unemployment rate at around 5.1 percent, overall hiring has remained weak, per the most recent Department of Labor jobs rep
labor market has returned to more normal levels,
with the unemployment rate at around 5.1 percent, overall hiring has remained
weak, per the most recent Department of
Labor jobs rep
Labor jobs reports.
In a sense, many
labor market indicators for blacks are biased up as those
with weaker labor force attachment are removed from the sample.
Today the most intense competition in the globally integrated
market is not between the gigantic Transnational Corporations, but it is between governments that find themselves competing
with one another for investors by offering the cheapest and most compliant
labor; the
weakest environmental, health, and safety standards, the lowest taxes; and the most fully developed infrastructure.
«This article concludes that there are few signs that groups
with traditionally
weaker bonds to the
labor market are less motivated to work if they live in generous and activating welfare states.
For women entering the
labor market directly after graduation from high school in 1972, those
with mastery of basic mathematical skills earned $ 0.78 per hour ($ 1,560 per year) more at age 24 than did those
with weak math skills.
This employment gap is consistent
with other data [xx] showing that the Great Recession hit black college graduates much harder than white college graduates, as well as
with evidence [xxi] that employers are more likely to discriminate against minorities in
weak labor markets.
In particular, significant
labor market premia can be earned in a variety of more technical certificate and Associate (AA) programs, even for those
with weak earlier academic performance, but instead many disadvantaged (and other) students choose general humanities programs at the AA (and even the Bachelor's or BA) level
with low completion rates and low compensation afterwards.
Interest in the question is fueled by a
weak labor market that has given rise to widespread concerns that the
market is flooded
with law school graduates who have cleared the bar exam hurdle but are unemployed and not «practice - ready.»
Today,
with most measures of the
labor market signaling full employment in the U.S., wage growth has remained
weak.
However, conditions remain uneven,
with strengthening
labor markets supporting solid price gains in some member countries, notably Ireland, Spain and Germany, while other
markets, including France and Italy, continue to languish alongside a
weaker economic recovery.