Labor

A factor of production, labor is necessary for producing goods and services. Econlife looks at labor related issues that include how jobs have changed, wages in the US and internationally and outsourcing and unions and the minimum wage.

  • Frittata with spinach and onion

    Should We Buy Local?

    Jun 21, 12 • 383 Views • No Comments

    I just finished an omelette with eggs and spinach from a nearby farm. It tasted good, I supported local business and I helped the environment. You could say that I had my cake (but it was spinach) and ate it too. But, here is the surprise. If you care about...  [read more]

  • Our Transportation Infrastructure is Crumbling

    Lowering the Cost of Commuting

    Jun 14, 12 • 361 Views • No Comments

    Which alternative would you select to lessen rush hour traffic on NYC’s 5th Avenue? Charging $10 for each block Having the chance to win a $10,000 lottery prize if you take the bus A Stanford professor is encouraging cities like Singapore to use the...  [read more]

  • eye chart_000016156136XSmall

    What If More People Wore Eyeglasses?

    Jun 10, 12 • 405 Views • No Comments

    We could say that eyeglasses are like bookends when they relate to economic growth. Our story starts during the 13th century. Before the spread of eyeglasses, the work life of skilled craftsmen usually ended when they could no longer see close objects...  [read more]

  • jobs...16865_9.1_000009319445XSmall

    Global Migration

    Jun 9, 12 • 320 Views • No Comments

    The most common state-to-state moves in the US are from California to Texas with New York to Florida next. Between 2008 and 2009 almost 7 million people moved from state to state. The most common reason? Employment. What if labor could not move easily? A...  [read more]

  • The Surprising Glass Ceiling in Sweden and France

    Do You Believe in “Pink Quotas?”

    Jun 7, 12 • 377 Views • No Comments

    Italy has just declared its “pink quota.” A new law mandates that by 2015, women should be one-third of all board members for listed and Italian state-owned firms. Currently, the total is somewhere between 3.7 and 6%. (Checking 2 sources, I found...  [read more]