Pundits and activists have looked at the reduced share of U.S. national income going to workers and have simply asserted that the cause is increased market concentration. This assessment is misplaced.
Skills and Future of Work
July 20, 2020
Lawmakers should structure a new recovery package to address the short-term economic contraction while also effectively laying the groundwork for more robust long-term recovery, growth, and competitiveness.
July 20, 2020
The changing nature of labor markets—and how best to prepare people and society for the jobs of the future—is one of the most crucial public policy challenges that policymakers around the world will face in the coming years. This was already the case before COVID-19, but disruption from the pandemic has made things exponentially more challenging.
July 10, 2020
The COVID-19 pandemic has created a stark economic divide between jobs that can be done with little or no in-person interaction and those that cannot. The question is how to shift more jobs to the former category, and thereby increase stable employment while improving safety. The answer is by investing in automation.
July 8, 2020
Despite massive job losses for the overall economy, a number of occupations actually expanded employment over the last year. And in many of these, women comprise a higher share of total workers.
July 8, 2020
As the demands of remote government work extend from weeks to months, public-sector agencies must begin exploring tools like augmented and virtual reality for improved communication and collaboration.
July 2, 2020
While economic policy should do more to reduce income inequality and Congress should seriously consider world-class worker training and adjustment assistance programs, our nation is doomed to second-class status if we cannot support all forms of productivity, including worker-replacing automation.
June 22, 2020
Fact of the Week: Labor Productivity Grew Less Than 0.4 Percent Annually During the Industrial Revolution in the United Kingdom
Labor productivity growth during the U.K.'s Industrial Revolution averaged below 0.4 percent from 1770 to 1830, and only gradually increased to about 0.8 percent in 1860.
June 18, 2020
If there are cases of companies abusing the L-1 process, such as using it instead of the H1B visa (for which there are caps) then Immigration and Customs Enforcement should penalize the guilty companies, although these cases appear to be quite limited. But cutting off the program entirely will only hurt the U.S. economy.
June 9, 2020
Congress Needs to Follow Germany’s Lead and Include a “Package for the Future” in Its Next Recovery Package
As Congress considers a phase 4 stimulus package, it would be a mistake to focus only on short-term recovery measures, as important as they are.
June 5, 2020
Travel restrictions due to COVID-19 are already putting severe pressure on international student recruitment. Eliminating Optional Practical Training (OPT) would make the problem much worse.