Our economy uses a lot less labor than it did 10 years ago, and for good reason people are interested in the relative importance of supply and demand factors for explaining what happened to the quantity of labor. Naturally, a supply-demand decomposition exercise is enhanced by looking at both the quantity and price of labor, […]
Legislation proposed in the House by Democratic representatives George Miller and Rosa L. DeLauro this week would make the labor market even more rigid than it is already. The proposal would regulate part-time jobs by increasing the price of on-call work and limiting flexibility in part-time scheduling will only hurt those the law is ostensibly trying to help. […]