Jobs
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Is AI Killing Jobs? A New Bill Seeks Data
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As artificial intelligence models start performing wider ranges of tasks, companies are increasingly claiming to be cutting jobs due to AI. In May, Dario Amodei, the CEO of AI lab Anthropic predicted AI will cause unemployment as high as 20% within five years. In September, Salesforce cut 4,000 employees, saying…
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The Jobs Numbers are Bad
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The jobs report was released today, October 2nd, with the preliminary estimate of the unemployment rate at 7.9%. Following last month’s better-than-expected jobs report, Senate Republicans unveiled a slimmed-down coronavirus relief bill. The more comprehensive House bill remains in committee, where it is unlikely to progress. After a quick floor…
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Should Cities Compete? The Case Against Federal Contracts
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With stagnating wages and declining entrepreneurship across the United States, state and local governments are under increasing pressure to deliver economic good news. Cities are in constant competition, dedicating considerable time and resources to business incentives and vying for federal grants and contracts. Historically, the full extent to which these…
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Have Home, Won’t Travel: How Housing Values Impact Labor Mobility
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The terms “economic mobility” and “social mobility” are used figuratively to describe ascending the wealth ladder, usually by accruing income. But such mobility can take on a more literal connotation: if a better paying job is across the country it might be worth moving. Anything that restricts a person’s ability…
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How Far Would You Travel for Work? Disentangling the Effects of Geography, Job Search and Employment
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After the financial crisis, the number of unemployed workers in the United States reached nearly 15 million in 2009 and the unemployment rate rose almost 10 percent in the same period. The slow recovery of the economy, and particularly of employment, has led to debate over the reasons for this…
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Standing out from the Crowd: How College Degrees, Internships, and Academic Performance Influence Hiring Decisions
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A new study uses experimental data from a resume audit to determine whether college degrees and internship experience have an impact on job opportunities for recent college graduates.
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A city with soul: Director of Finance Brian Collins addresses the future of Memphis
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Brian Collins, Director of Finance for the City of Memphis, talks about his city’s determination in the face of financial and socio-economic adversity.
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Countdown to Election: Quinn v Rauner, who’s telling the truth about Illinois’ economy?
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“Illinois has added 257,000 private sector jobs.” This is what voters see when they look at Governor Quinn’s evaluation of job growth under his administration, but if they scroll over to Bruce Rauner’s Bring Back Blueprint, they will see “Illinois lost 26,000 private sector jobs.” In politics it is generally…
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Does America deserve a raise? Everything you need to know about the minimum wage.
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The story of the minimum wage in six graphs. This is the first installment of our weeklong series on the minimum wage.
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Do Employers Care About Potential Employees’ Long-term Unemployment Spells?
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Long-term unemployment spells do not influence employers’ hiring decisions according to new research in the American Economic Review.
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The State of the Union in Brief
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To encourage evidence-based policy, CPR lists some of the most relevant research on President Obama’s policy proposals in the State of the Union.
