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We study how the US shale boom decreased labor earnings inequality by increasing demand for low-skill labor in small labor markets. The similarities in the concentrated geographic distribution of investments and the labor needed to build capacity between the US shale boom and the manufacturing construction influx that has followed the passage of the IRA and CHIPS and Science Acts raise the possibility that these bills could also impact labor earnings inequality in a similar way., In August 2022, President Biden signed into US law two acts that could have major implications for American manufacturing: the Inflation Reduction Act (IRA) and the CHIPS (Creating Helpful Incentives [...]

HDI, an organization dedicated to elevating service and support across the enterprise, reported the 'The State of Technical Support in 2024,' a benchmark study examining the progress, perceptions, opportunities, and [...]

Week Ahead: jobs, jobs, jobs. It's all about the labor market next week with JOLTS, jobless claims, and the employment components in the ISMs, culminating with the key nonfarm payroll [...]

Morgan Stanley isn't sold on US stocks, which have clawed back much of their losses. Active investing will become increasingly important as gaps between companies widen. Here are 20 top [...]

Stocks struggled for direction Wednesday as investors digested a dreary update on the labor market. This comes ahead of the annual Jackson Hole Economic Symposium, where Fed Chair Powell will [...]

(https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEje5CZbEFMz-8EEviQYkes7cicgw8vMcu5EY6LaRv_7aoneKfGRzYEyWHZ5mpBR5PKOZ4zAtkXDCIZR0iuoLEM235lIarWVhwWWRfqpRgTpK8KQwUDgviRX0Q4n6Vh3NREa9nC7AenwSPqnt_ovG8bsHhpWlO1TMhARu8swBX8V_tiRoLwX9TIanlXv47Sr/s683/Wed%20x.png) Overview:The preliminary annual revision to US jobs growth is front and center today. It has gotten more play that usual, amid speculation of a historically large revision. Yet, the [...]

(https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhyphenhyphenY8vKGbPyp_uOC2LQEy70xMiFxXNmHLf2m5AtIVQoLQfNr0tQHCzON96Qt90V962e2UcLj9-RQI2o4lihUwPJY48WOldcLep7-WSkHau3MVcEMQt4h5amFHPs32Qd13dgvqw0sP9LF70Kf9Zcqd3spHaljepAt_sLwXHcFSxhH_axRRuCvrdyyAK5CTV/s687/Chicken%20Little.png) Overview: The most recent data showed that Japanese investors took advantage of the yen's strength last week to buy foreign bonds and stocks. The US weekly jobs claims to [...]

In popular imagination, it is around St Patrick's Day that Chicago reaches peak Irish. Each year, on the Saturday before March 17th, the city's plumbers union dyes the river green [...]

REPUBLICANS AND DEMOCRATS do not agree on much, but both parties want to help America's 'left-behind'. Presidents Donald Trump and Joe Biden enthusiastically pursued policies to boost the economic fortunes [...]

Byline: John Irwin Suppliers are grappling to find workers and facing higher expenses, even as the Federal Reserve signals that labor supply and demand are in balance in the economy [...]

As we explain in https://www.economist.com/finance-and-economics/2024/08/04/can-kamala-harris-win-on-the-economy , strong economic fundamentals will not be enough to propel Kamala Harris to the White House. Still, the health of the economy in the swing [...]

The Federal Reserve made the widely expected move of leaving (https://www.kiplinger.com/economic-forecasts/interest-rates) interest rates unchanged at a 23-year high on Wednesday, but experts say easing inflation and a softer labor market [...]

More from Powell: one needs to be humble with respect to forecasting. And he said the Fed has to be careful about giving forward guidance. After a response on a [...]

Political and economic outlook Equatorial Guinea's undiversified economy is dependent mainly on oil production and exports. The economy is in crisis following many years of cronyism and macroeconomic mismanagement. The [...]

If there is one thing politicians agree on these days, it is that manufacturing jobs are 'good' jobs. Joe Biden is betting that huge subsidies for new factories will transform [...]

Byline: MaryBeth Matzek, Special to the Wisconsin Law Journal A surge in stenographer retirements has left a gap in the workforce of court reporters. To address the issue, digital court [...]

Byline: Amanda Erd As the country continues to face high interest rates and small wage gains, the growth of consumer spending is slowing but consumers are still willing to spend, [...]

The Bank of Englands (BoE) Monetary Policy Committee (MPC) (https://www.bankofengland.co.uk/-/media/boe/files/monetary-policy-summary-and-minutes/2024/monetary-policy-summary-and-minutes-may-2024.pdf) maintained the interest rate at 5.25% on May 9th, amidst fluctuating inflation rates and increased living costs. This cautious decision [...]

The job market improved in April, but the Federal Reserve doesn’t like how inflation is tracking, so policymakers decided not to lower interest rates this week. Comerica Bank is expecting [...]

Byline: Andrea Deckert Business activity continued to decline in New York state, according to firms responding to the Federal Reserve Bank of New York's April 2024 Empire State Manufacturing Survey. [...]

The S&P 500 Index (https://www.barchart.com/futures/quotes/$SPX/overview) (https://www.barchart.com/etfs-funds/quotes/SPY/overview) Tuesday closed down -0.21%, the Dow Jones Industrials Index (https://www.barchart.com/futures/quotes/$DOWI/overview) (https://www.barchart.com/etfs-funds/quotes/DIA/overview) closed up +0.17%, and the Nasdaq 100 Index (https://www.barchart.com/futures/quotes/$IUXX/overview) (https://www.barchart.com/etfs-funds/quotes/QQQ/overview) closed up +0.04%. [...]

Byline: Giulia Carbonaro For decades, China has tried to rein in its population growth, allowing families to have only one child. Now, as it faces a decline, Beijing is trying [...]

Political and economic outlook Equatorial Guinea has an undiversified economy that is dependent mainly on oil production and exports. The economy is in dire straits following many years of cronyism [...]

When travel resumed with a bang after the pandemic shutdown, many travel suppliers and agencies weren't able to keep up with the pent-up demand, having lost staff to other industries [...]