Bart Hobijn News Today

The "labor share of national income" is being squeezed by globalization, declining union membership and automation.

President Daly delivers the closing keynote at the 33rd Frankfurt European Banking Congress on November 17, 2023 at 3:30 p.m. CET.

The ranks of American workers are thinning—often because people aged out of the workforce, or never entered it. Their absence could impede the economy’s ability to grow, and make for a less prosperous future.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

<p><span>Good morning. It is a pleasure to be back in Michigan, although I wish I had been here to participate in the Turkey Trot last week, which is an annual tradition for my family and me. It is especially a treat to be back in Detroit, with its rich history of music, art, architecture, and industrial innovation—which I will address today. I am also delighted to see some familiar faces.</span></p>

Workers have been kicking back on the job since long before 'quiet quitting' became a thing. Not that there's anything wrong with that.

The search for labour-market slack | Finance & economics

A majority of C-suite executives are considering leaving their jobs according to a Deloitte survey of 2,100 employees and C-level executives from the United States, Canada, the UK, and Australia.

<p><span>Thank you, Professor Wieland, for the introduction, and thank you to the Institute for Monetary and Financial Stability for the opportunity to speak to you today.</span><a title="footnote 1" href="https://www.federalreserve.gov/newsevents/speech/waller20220530a.htm#fn1"><span>1</span></a><a name="f1"></a><span> I come here at a moment of great challenge for Germany and Europe, and a moment...

The employment trend of high levels of workers quitting their jobs, known as the "Great Quit," may not be so unusual after all, according to the latest Economic Letter from the Federal Reserve Bank of San Francisco. "Evidence from recent surveys of workers and historical data on quits shows that the' Great Quit' is not as unusual as one might think," wrote Bart Hobijn, a...