News
CNN Money | Make $30 an hour, no bachelor's degree required
No college degree? No problem. Become a web developer. The job is growing quickly, offers a median salary around $30 an hour, or $62,500 a year, and does not necessarily require a bachelor's degree.
Washington Post | As rich gain optimism, lawmakers lose economic urgency
Washington has all but abandoned efforts to help the economy recover faster — and lawmakers don’t seem worried that voters will punish them for it.
Econ Comments & Analysis
NBER | Post-recession US Employment through the Lens of a Non-linear Okun's law
This paper aims at investigating the relationship between employment and GDP in the United States. We disentangle trend and cyclical employment components by estimating a non-linear Okun’s law based on a smooth transition error-correction model that simultaneously accounts for long-term relationships between growth and employment and short-run instability over the business cycle.
Blogs
WSJ | What’s Holding Back Hiring?
Nearly four years after the recession officially ended, the unemployment rate remains elevated, at 7.5%. The share of the population that’s working or looking for work is at a 30-year low. More than 2.5 million fewer Americans are working today than when the recession began.
