Tag Archives: Unemployment

Does Raising the Minimum Wage Help or Hurt?

Hoping to make the cut when the wage goes up (Spencer Platt/Getty Images, from the NYT) From the NYT: Minimum Wage Increase Would Have Mixed Effects, C.B.O. Report Says The idea of raising the minimum wage is deeply polarizing in American … Continue reading

Posted in Economics, Inequality, Labor, Lump of Labor Fallacy, Markets That Won't Clear, Minimum Wage, Unemployment, You're Not Helping | Tagged , , , , , | Leave a comment

Markets That Won’t Clear: Walmarts In Urban Areas

From The Atlantic Cities: Exactly When Is a City Strong Enough to Spar With Walmart?  Walmart’s proposed location in Washington D.C.’s 4th Ward Here we go again with the silliness when local planning commissions try to extort concessions from job-creators.  This … Continue reading

Posted in Labor, Markets That Won't Clear, Minimum Wage, Unemployment, You're Not Helping | Tagged , , , , , | Leave a comment

More On France’s Two-Tiered Economy

From the New York Times: The Best Hope for France’s Young? Get Out  Where to look for work in Paris.  Bring your passport. (Previous posts on moving to find a job, the need for self-motivation in the labor market, Spain’s similar … Continue reading

Posted in Culture Matters, Economics, Geography, Labor, Unemployment | Tagged , , , | Leave a comment

Why Don’t People Move Anymore?

From Slate: Why Don’t People Move Anymore? It’s time to call U-Haul It’s easy on the Internet to find out which American cities have a significantly higher (e.g. Beaumont, Texas: 9.7%) or lower (nearby College Station, Texas: 5.1%) unemployment rate than … Continue reading

Posted in Economics, Geography, Housing, Labor, Unemployment | Tagged , , , , | 2 Comments

Spain Is In A Great Depression

From the NYT: Spain Is Beyond Doomed: The 2 Scariest Unemployment Charts Ever How to plan your job search (See previous thoughts on Spain here, here, here, and here.) Spain is in a great depression, and it is one of the … Continue reading

Posted in Depression, Economics, Geography, Labor, Unemployment | Tagged , , , , , | 2 Comments

Markets That Won’t Clear: Labor

From the WSJ:  Small Firms Seek Skilled Workers but Can’t Find Any The 16-employee company currently has two unfilled job openings—for fire-alarm and burglar-alarm technicians. The jobs have been open for nearly 18 months. In this labor market, if you … Continue reading

Posted in Economics, Labor, Markets That Won't Clear, Unemployment | Tagged , , , , , | 1 Comment

This Is What a Two-Tiered Economy Looks Like

From The Atlantic:  The Scariest Chart in Europe Just Got Even Scarier I always thought it was bad in France, but Spain and Greece are leagues ahead.  With youth unemployment (15-24) now over 50% in both countries, they’re doomed.  When … Continue reading

Posted in Economics, Labor, Unemployment | Tagged , , , , , | 3 Comments