News
Bloomberg | Cognizant to Hire 10,000 U.S. Workers
Cognizant Technology Solutions Corp. (CTSH), one of the largest providers of outsourcing services, plans to hire about 10,000 U.S. workers, potentially soothing concerns that the industry is harming the domestic job market.
Econ Comments & Analysis
Mercatus | Government-Financed Employment and the Real Private Sector in the 50 States
In 2012, public-sector employment made up more than 16 percent of the US labor market. Direct government employment fails to capture the full impact of government spending on state labor markets. Using federal contract data obtained from USAspending.gov, we estimated the percentage of private sector jobs actually financed by federal contract dollars in each state. The following four maps visualize our findings.
Blogs
Café Hayek | Not to Mention that the Origin of the U.S. Minimum Wage Had Nothing to Do with ‘Fairness’
Forget that this argument undermines a pet assertion of minimum-wage proponents, namely, that employers have monopsony power over low-skilled workers. (Monopsonist employers do not routinely lose workers to other employers.)