The town meetings protected the value of local labor by persistently excluding outsiders and privileging the town born.
For example, if highly motivated and determined workers do persistently well in the labor market, conditioning on earlier labor market outcomes should help to remove selection bias that results from motivation or determination playing a role in receipt of VR.
While the Obama administration has persistently argued that TPP will include robust labor protections, most Democrats remain skeptical that those standards will be enforced.
For now, though, we're into a negative loop where persistently weak demand is chipping away at the labor and capital supply and productivity advances needed to increase our potential growth rate.
The biggest problem in the labor market is not a skills shortage; rather, it is a persistently weak economy where businesses do not have sufficient demand to justify adding employees.
There have been calls for Yahoo to greatly cut its labor force, and thus boost its profitability in the face of persistently stagnant revenue.
Across the Atlantic, Eurosclerosis is a term that has been heard for decades, describing persistently high rates of long-term unemployment in European labor markets caught in a vice between high- and long-duration benefits and high and progressive taxation on income from work.
Fed Vice Chair Stanley Fischer said the following at Jackson Hole: "Although the economy has continued to recover and the labor market is approaching our maximum employment objective, inflation has been persistently below 2percentThusthes theconomymy is good, the employment situation is very good, and that of inflation superlative.
Previous work documents that leaving school in an economic downturn persistently depresses career outcomes as measured by wages, earnings, and other markers of labor market success.
The United States and other advanced nations are struggling to emerge from a pattern of persistently low growth, an era when many prime-age people aren't in the labor force at all and productivity gains have been weak for years.
As a result, their labor productivity expands rapidly, and the quantity of labor invested in producing these outputs falls rapidly and persistently.
