The U.S. labor market is dynamic and complex, and understanding wage data across different segments of the workforce is critical to providing policymakers and business leaders with actionable insights. There is no labor index that assesses the labor market performance at such a detailed level as the ADP Research Institute’s Workforce Vitality Report (WVR). Drawing on the actual, aggregated and ...

We show that in a search/matching model with endogenous participation in which workers are heterogeneous with respect to market productivity, satisfying the Hosios rule leads to excessive vacancy creation. JEL Codes: D8, J6 Keywords: Search, Matching, Efficiency, Participation, Hosios Rule a Corresponding author: Department of Economics, Georgetown University, Washington, DC 20057, USA, Telepho...

The economics of search study the implications of frictions for individual behavior and market performance, due usually to imperfect information about exchange possibilities. This article reviews labor-market research in this area. Individuals search for a job offer by choosing a reservation wage and accepting jobs that pay above that wage. Firms create jobs to maximize profit. The probability ...

In this paper, individual job separations are analyzed using employer-employee data. The analysis is conducted within the framework of a simple theoretical model in which the value of the match between the worker and the firm is a function of the individual component and the firm component. This partition is important in an empirical context because of labor market segregation. In particular, w...

BACKGROUND: The mental health services literature includes assertions that workers with mental illness are at earlier risk of unemployment than other workers when the economy contracts. This possibility is important for several reasons. One is that such a phenomenon would support the argument that the lives of mentally ill persons are made unnecessarily stressful by the stigma of mental illness...

based on existing literature social capital is defined as a set of norms and rules and informal networks that provide association, trust and collective action to obtain the public good. the empowerment projects of world bank that has been implemented in many third world countries in the late 1980s followed by a non-reductionist non- physical approach integration of cultural and socio- economic ...

In a constantly changing job market, Information Technology (IT) practitioners must keep their skills up-to-date. Educational institutions with Informational Technology curricula must also keep current in course offerings and programs of study. One way to maintain relevance is to examine and identify what IT skills and competencies are in demand. Job positions, indicating current expertise need...

Ronald Bachmann, Gökay Demir and Hanna Frings Bachmann is head of the research unit “Labor Markets, Education, Population” at RWI–Leibniz Institute for Economic Research in Essen, Germany, adjunct professor labor economics Düsseldorf Competition Economics (DICE) Heinrich Heine University Düsseldorf, Fellow IZA. researcher RWI Düsseldorf. deputy