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Approximately 13% of low-wage jobs in Germany would not be viable if workers understood just how good their outside options truly are. That is the conclusion of a recent paper by Benjamin Schoefer, my colleague here at the University of California, Berkeley, and his co-authors, Simon Jäger, Christopher Roth, and Nina Roussille.“When comparing workers’...
Ejinsight 20211207-The-great-labor-market-shakeup Hkej ejinsight.com
J. Bradford DeLong thinks the high quit rate and low employment rate in the US paint a clear picture of a sea change.
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“How Will We Live Together?” So asks the 17th edition of the architecture exhibition of the La Biennale di Venezia. The event, postponed in 2020,...