News
NY Times | Tax-Cut Bill Includes Updates to Jobless Benefits System
Tucked into a $140 billion bill extending emergency jobless benefits and a temporary cut to payroll taxes are several provisions intended to modernize the country’s outdated unemployment insurance system.
Bloomberg | Construction Jobs Rebound as U.S. Homeowners Increase Remodeling Projects
Construction hiring is picking up as Americans invest in renovating their homes amid signs that the worst of the housing-market declines may be over.
Econ Comments & Analysis
NBER | Adjusting to Really Big Changes: The Labor Market in China, 1989-2009
China’s emerging labor market was buffeted by changes in demand and supply and institutional changes in the last two decades. Using the Chinese Urban Household Survey data from 1989 to 2009, our study shows that the market responded with substantial changes in the structure of wages and in employment and types of jobs that workers obtained that mirrors the adjustments found in labor markets in advanced economies.
