You can login if you already have an account or register by clicking the button below.
Registering is free and all you need is a username and password. We never ask you for your e-mail.
'Those numbers are based on the findings of a new research paper that may help unlock the mystery of why Americans can’t seem to get a decent raise. '
'But studying monopsony has traditionally been tricky for economists, because they lacked good data that would let them analyze broad trends specifically in labor market concentration. '
'A lack of competition among employers gives businesses outsize power over workers, including the ability to tamp down on pay. '
' And workers can’t ask for fair pay if there aren’t enough businesses out there competing to hire. '
'But a recent study by a group of labor economists introduces an interesting theory into the mix: Workers’ pay may be lagging because the U.S. is suffering from a shortage of employers. '
view the rest of the comments →
[–] derram 0 points 1 point 1 point (+1|-0) ago
https://unvis.it/https://slate.com/business/2018/01/a-new-theory-for-why-americans-cant-get-a-raise.html :
'Those numbers are based on the findings of a new research paper that may help unlock the mystery of why Americans can’t seem to get a decent raise. '
'But studying monopsony has traditionally been tricky for economists, because they lacked good data that would let them analyze broad trends specifically in labor market concentration. '
'A lack of competition among employers gives businesses outsize power over workers, including the ability to tamp down on pay. '
' And workers can’t ask for fair pay if there aren’t enough businesses out there competing to hire. '
'But a recent study by a group of labor economists introduces an interesting theory into the mix: Workers’ pay may be lagging because the U.S. is suffering from a shortage of employers. '
This has been an automated message.