https://www.businessinsider.com/economy-housing-market-mortgage-buying-car-interest-rates-new-jobs-2024-3?
High mortgage rates, expensive auto loans, and a static labor market make it hard for people to move up the economic ladder.
https://bigfiscal.substack.com/p/robots-vs-workers-a-new-paper-on
Since the days of Ricardo and Marx, the impact of machines on jobs has been a constant debate. Today, that debate continues whether robots are job stealers, wage suppressors, or drivers of inequality. Amidst a surge in empirical studies, a comprehensive meta-analysis
https://www.slowboring.com/p/its-the-right-time-for-austerity
Keynesian ideas are symmetrical
https://www.slowboring.com/p/its-the-right-time-for-austerity
Keynesian ideas are symmetrical
https://www.slowboring.com/p/its-the-right-time-for-austerity
Keynesian ideas are symmetrical
https://bigfiscal.substack.com/p/new-research-the-hidden-profits-of
An NBER working paper (Tunneling and Hidden Profits in Health Care by Ashvin Gandhi & Andrew Olenski) on the nursing home sector reveals extensive profit tunneling, particularly in real estate and management services. This involves nursing homes purchasing services from related entities at inflated prices, effectively transferring profits and concealing the true financial state of these providers.
https://www.businessinsider.com/economy-job-market-recession-ceo-appoval-unemployment-rate-labor-layoffs-2024-3
The average CEO approval rating was 32% last year, according to a survey by employee discussion forum Blind.
https://www.cnbc.com/2024/03/07/layoffs-rise-to-the-highest-for-any-february-since-2009-challenger-says.html
The total of 84,638 planned cuts showed an increase of 3% from January and 9% from a year ago.
https://www.msn.com/en-us/money/markets/no-lunch-in-ginza-japans-scaled-back-spending-helps-push-economy-to-recession/ar-BB1im5MN
https://www.msn.com/en-gb/money/other/asia-shares-cautious-as-inflation-dashes-rate-cut-hopes/ar-BB1iudmh
@pologreem
@lemmy.world