The Challenge of Keeping the Doors Open When Wages Are Rising
If you’re like most people you don’t hesitate to leave a tip for your server after a meal at a restaurant. Tips can provide an incentive for servers to provide…
The Economics of the Four Day Workweek
Photo by Shaun He on Unsplash Imagine going to a job interview and the hiring manager saying ‘You don’t want to work on Fridays? No problem. You’re hired.’ Does it…
Is Labor Market Signaling the Weakening of Macroeconomic Models?
U.S. labor department's latest statistics, published on January 10th, suggested that the unemployment rate remained at a 50-year low of 3.5 percent. However, the same report indicates thatU.S. wage growth dropped below…