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DEC 8, 2017

Weekend reading: “jobs day” edition

Weekend reading: “monopsony and March jobs market” edition

Abstract

This is a weekly post we publish on Fridays with links to articles that touch on economic inequality and growth. The first section is a round-up of what Equitable Growth published this week and the second is the work we’re highlighting from elsewhere. We won’t be the first to share these articles, but we hope by taking a look back at the whole week, we can put them in context.

Equitable Growth round-up

In a follow-up to the Tax Foundation’s response to Greg Leiserson’s analysis of its model for estimating the economic growth effects of tax cuts, Leiserson explains why the Tax Foundation’s model still isn’t internally consistent and why policymakers should regard its results with skepticism.

This week’s release in Equitable Growth’s Working Paper Series (opens in a new tab) shows that as occupational tasks have evolved since the 1960s, particularly from routine to nonroutine tasks, most of these shifts have occurred within, rather than across, occupations. Nisha Chikhale explains more about the paper’s findings and how they fit in with other research into causes of income inequality.

The U.S. Bureau of Labor Statistics released the Employment Situation report for November this morning. Check out five key graphs (opens in a new tab) from the new data compiled by Equitable Growth staff.

Friday figure

Figure from “Equitable Growth’s Jobs Day Graphs: November 2017 Report Edition (opens in a new tab)”

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