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Thursday, April 12, 2012

Employment

News                                                                                                                             
Market Watch | U.S. jobless claims jump to 380,000
The number of Americans who applied for jobless benefits last week rose to the highest level in two and a half months, partly because some school workers can file claims during spring break.

Econ Comments & Analysis                                                                                            
NBER | Who Lives in the C-Suite? Organizational Structure and the Division of Labor in Top Management
This paper shows that top management structures in large US firms radically changed since the mid-1980s. While the number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than general managers.

Blogs                                                                                                                             
Calculated Risk | Labor Force Participation Rate Projection Update
A key issue is what will happen to the labor force participation rate as the economy slowly recovers. In 2010 I looked at some of the cyclical and long term trends for the participation rate: Labor Force Participation Rate: What will happen? I concluded that a majority of the recent decline in the participation rate is due to changes in demographics.