Archive for the ‘Jobs’ Category

Before you blame the robots, look to the policy (and the data)

February 21st, 2017

This very incisive bit of work from the NYT editorial page makes two critical points: The data do not support the claim that there’s been an acceleration in labor-replacing technology displacing US workers. To the contrary, measures of capital investment and especially and most persuasively, productivity growth, have slowed, trends that point in the opposite… Read more

Jobs report: Solid jobs gains in January and a focus on wages (yes, they’re up, but no overheating in sight)

February 3rd, 2017

The US job market continues to deliver solid job gains, as the nation’s payrolls rose 227,000 last month, the strongest month for payroll gains since last September. The unemployment rate ticked up slightly to 4.8 percent, due largely to an increase in labor force participation, a positive indicator of more workers drawn into the improving… Read more