I've long been saying that I know why that famous result from the Card and Krueger paper on the effects of a rising minimum wage on unemployment is wrong. However, I've also been saying, as I should do, that I'm not an economist and thus it is rather more intuition [...]

Topics:  card   krueger   minimum   unemployment is wrong   
BING NEWS:
  • US jobs post smallest gain in six months as unemployment rises
    U.S. employers scaled back hiring in April and the unemployment rate unexpectedly rose, suggesting some cooling is underway in the labor market after a strong start to the year.
    05/3/2024 - 2:00 pm | View Link
  • U.S. job gains fewest in 6 months; unemployment rises
    WASHINGTON >> U.S. job growth slowed more than expected in April and the increase in annual wages fell below 4.0% for the first time in nearly three years, but it is probably too early to expect that ...
    05/3/2024 - 6:19 am | View Link
  • U.S. jobs post smallest gain in 6 months as unemployment rises
    Nonfarm payrolls advanced 175,000 last month, the smallest gain in six months, a Bureau of Labor Statistics report showed Friday. The unemployment rate ticked up to 3.9% and wage gains slowed.
    05/3/2024 - 4:22 am | View Link
  • Job Growth Slows in April as Unemployment Rises and Wage Growth Moderates
    T he long-awaited cooling in the labor market may have begun in April, as payrolls climbed by a weaker-than-expected 175,000, while the unemployment rate ticked up slightly to 3.9%. Wage growth also ...
    05/3/2024 - 1:53 am | View Link
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