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…

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 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 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'…

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…

This paper examines the adoption of dual VET in Spain as a process of educational policy transfer. Using Phillips and Ochs' (2003, 2004) policy transfer spectrum and decision-making classification and Perry and Tor's (2008) model of transfer forms, the study relies on semi-structured interviews with key decision-makers in the Spanish central…

In this ever-changing world, particularly in attempting to overcome the challenges around COVID-19, the need to support the upskilling of all people in Northern Ireland has never been greater. The pandemic has led to significant rises in unemployment. These rises have been limited by the furlough scheme, but significant numbers of people were…

Higher education systems equip individuals with the tools they need to succeed in the labor market with higher-paying jobs that lead to improved living standards and more secure and fulfilling lives. Higher education was critical in the recovery from the last recession, and during the COVID-19 crisis, higher education has acted as a protective…

The COVID-19 pandemic brought unprecedented economic and policy challenges to the United States and other countries. Navigating out of the pandemic slowdown is another novel experience, which makes it more difficult to answer the question addressed each year in the "State of Working Pennsylvania": How is the Pennsylvania economy…

The Congressional Budget Office (CBO) recently projected record-breaking growth in 2021, but it is premature to celebrate this rosy macroeconomic picture. In the same document, the CBO also made an alarming prediction: The U.S. labor market will not fully recover until 2024. Recent U.S. jobs reports reveal the depth of the pandemic-created…

Approximately one-third of countries in the world are regarded as small states. There are also subnational jurisdictions, or small territories, that share similar characteristics of small states. Their small size renders them vulnerable to changes in the global economy, and this, in turn, has an impact on trade, business, and employment. In this…