This report provides a comprehensive analysis of Pennsylvania's economic conditions, detailing various economic indicators and labor market trends, including data on inflation, unionization benefits, and the impact of erratic tariff policies that may be sparking renewed inflation and eroding investment. Unemployment has increased, hiring has…

This dissertation contains three chapters related to the study of how business cycles create real and persistent effects on economic agents. Chapter 1 focuses on young individuals' careers and college decisions; Chapter 2 on firms' firing and hiring asymmetric decisions and Chapter 3 on firms' sourcing strategies. In Chapter 1 "Strategic or…

In the aftermath of the financial and economic recession of 2008, 130 Spanish students of five age groups (8 to 17 years) and two socioeconomic backgrounds were individually interviewed about unemployment and lower wages. The participants were presented with two hypothetical situations, and their responses were qualitatively and quantitatively…

The author of this article provides an example of how one might incorporate behavioral economics into teaching macroeconomics or labor economics at an undergraduate level. The focus is on two macroeconomic concepts--wage determination and the Phillips curve--and shows that the implications and conclusions of both models differ from their textbook…

This article looks at whether the Great Recession led to changes in two-year and four-year college enrollment patterns for students aged 18-24. In particular, I examine how the probability of enrollment changed for Black and Latinx students. It is not initially clear whether the Great Recession would increase or decrease college enrollment for…

This research investigated how rising enrolment in Ethiopian higher education influenced graduate employability, using education quality as a mediating variable. The researcher distributed surveys to 170 participants, received 153 responses, and conducted interviews with key stakeholders. Higher education enrolment in Ethiopia has undergone…

As we approach this Labor Day, the Pennsylvania economy is growing steadily. Working families are sharing in prosperity in a more sustained way than at any point since 1980--although many families still struggle to make ends meet and, in our polarized nation, a big partisan divide exists in perceptions of whether the economy is better than four…

Using data from sixty-eight interviews conducted with men and women raised in rural counties in Pennsylvania, we ask how growing up in rural settings shapes people's aspirations regarding work over three periods. We find that participants' early aspirations during their late teens were shaped by rurality, gender, and class. During the transition…

Prior research has found that economic downturns have positive effects on new teacher quality, but has not been able to determine the extent to which this relationship arises from a supply response (increased quantity or positive selection of teaching candidates) vs. a demand response (selection in hiring enabled by falling demand). In this paper,…

This article studies a sample of displaced workers during the deep 1990s recession in Sweden and estimates the effect of secondary-level adult education on tertiary-level educational attainment. Plant closures and mass layoffs are used to identify job separations unrelated to individual productivity. Results indicate a large positive effect of…

This paper analyzes the labor market impact of the Great Recession on overeducated and undereducated workers. In March 2008, the U.S. economy was near full employment with an unemployment rate of 4.8 percent. The next year, the unemployment rate peaked at 10.0 percent. The pace of the economic decline allows us to observe the workers'…

In the aftermath of the 2008 Global Financial Crisis, European authorities reinforced the economic objectives of European lifelong learning policy, promoting employability solutions to address youth unemployment, and increasing their political influence on the implementation of national lifelong learning reforms. This article investigates to what…

"Chair the Fed" is an award-winning online educational game developed by the Federal Reserve Bank of San Francisco to help players learn about monetary policy. Players assume the role of Fed Chair and adjust the federal funds rate to try to achieve low inflation and low unemployment. If successful, they are reappointed to another term.…

During the beginning of the COVID-19 pandemic (March 2020), government officials expected unemployment to increase significantly as businesses and schools across the state shut down or severely limited their operations. Ten months later, however, while unemployment continues to be a top concern of government officials, the employment landscape…

2020 will forever be remembered as the year of COVID-19, the illness caused by the novel coronavirus. The graduating class of 2020 will face a difficult job market, and the adversities will follow them for years. New graduates facing these types of jobs numbers will be subject to "scarring"--reduced lifetime incomes caused by entering…