Labor

Op-Ed

Why Did Walmart Raise Its Wages?

Authors: Benn Steil and Dinah Walker
Forbes Online

Benn Steil’s Forbes op-ed with Dinah Walker examines why Walmart is raising its minimum starting wage. Contrary to arguments from popular commentators, there is no logical reason to suggest hidden motives related to political pressure. Walmart remains as relentless on costs as ever; wage pressures in the retail sector, we show, are wholly sufficient to explain the company’s move.

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Op-Ed

Match Workers to Jobs

Authors: Edward Alden and Robert Maxim
The Hill

The United States once had the world’s most efficient market for matching willing workers with available jobs. As recently as 2000, scarcely one-in-ten unemployed workers had been out of a job for more than six months, compared with more than half of unemployed workers in the major European nations.

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Other Report

A decade ago the United States had the lowest share of long-term unemployed workers among developed nations. But today U.S. long-term unemployment levels are nearly as high as those in Europe, despite stronger overall U.S. economic performance. This Progress Report and Scorecard demonstrates that U.S. federal employment and training programs that assist job seekers do little to help the long-term unemployed prepare for different careers.

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Foreign Affairs Article

New World Order

Authors: Erik Brynjolfsson, Andrew McAfee, and Michael Spence

Recent advances in technology have created an increasingly unified global marketplace for labor and capital. The ability of both to flow to their highest-value uses, regardless of their location, is equalizing their prices across the globe.

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Article

Tackling Unemployment in Egypt through Apprenticeship

Council on Foreign Relations

Isobel Coleman writes that the emphasis on vocational education and training (VET) in Egypt's new constitution's has merit, but other countries' struggles with training the workforce of tomorrow are sobering. Put simply, effective VET programs are hard to do.

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Other Report Author: Thomas Hilliard

There has never been greater urgency for expanding and improving U.S. workforce training programs. In this Working Paper, Thomas Hilliard argues that the federal government should corral the country's siloed and disjointed workforce-development programs in line with a common national strategy.

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