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.
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.
Long-term unemployment has become a chronic problem in the United States despite an improving job market, and the country needs a jobs policy overhaul, according to two new reports from the Council on Foreign Relations’ Renewing America initiative.
The United States needs new policies designed to help people develop the skills they need to manage economic change with greater personal security. Matthew J. Slaughter and Robert B. Zoellick lay out a jobs-policy overhaul to support innovation and adapt to changing needs.
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.
Peter R. Orszag argues that the rise of tattoos reflects a broader trend of anti-establishmentarianism, and he predicts that tattoos will become even more popular as long as most Americans' sense of opportunity and upward mobility remains limited.
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.
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.
In this op-ed for the South China Morning Post, with Margaret K. Lewis, Jerome Cohen says that without recourse to constitutional backing, the move to truly abolish re-education through labor in China faces the same hurdles as in past reform efforts.
President Barack Obama gave these remarks on August 28, 2013, at the Lincoln Memorial, marking the fiftieth anniversary of Dr. Martin Luther King, Jr.'s "I Have a Dream" speech at the first March on Washington for Jobs and Freedom.
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.
The authors argue that the United States has responded inadequately to the rise of Chinese power and recommend placing less strategic emphasis on the goal of integrating China into the international system and more on balancing China's rise.
Campbell evaluates the implications of the Boko Haram insurgency and recommends that the United States support Nigerian efforts to address the drivers of Boko Haram, such as poverty and corruption, and to foster stronger ties with Nigerian civil society.
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