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Tuesday, August 6, 2013

Employment

News                                                                                                                             
CNN Money | Worker wages: Wendy's vs. Wal-Mart vs. Costco
Many aren't quite hitting the right balance. Hundreds of dissatisfied workers at major American companies like Wal-Mart, McDonald's and Wendy's have joined protests nationwide in the past year demanding higher wages and better benefits.

Econ Comments & Analysis                                                                                            
NBER | Immigrants Equilibrate Local Labor Markets: Evidence from the Great Recession
This paper demonstrates that low-skilled Mexican-born immigrants' location choices in the U.S. respond strongly to changes in local labor demand, and that this geographic elasticity helps equalize spatial differences in labor market outcomes for low-skilled native workers, who are much less responsive.