The traditional model of collective bargaining confines unions to settlements constrained by the employer's labor demand curve, but an alternative model places wage-employment outcomes on a contract ...

Appropriately adjusting recent labor market data shows that the growth in labor supply has slowed at the same pace as payroll ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

It’s not getting any easier for Americans to secure a job. Total job openings in July fell to the lowest level since the start of 2021, according to the Bureau of Labor Statistics’ Job Openings and ...

WHAT effect do immigrants have on native wages? It’s perhaps one of the most important questions of labour economics. It's also one that is largely unanswerable. The problem is that it's almost ...

The demand curve represents the quantity of a good or service a consumer will demand at various price levels, notes Study.com. The sum of all the demand curves for a specific good or service is ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The American labor shortage issue is real, though the reasons aren’t entirely clear.