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.

  • apple logo

    The Apple I and the iPad

    Mar 19, 12 • 386 Views • No Comments

    Steve Jobs had been pruning Gravenstein apple trees at the All One Farm and was on one of his “fruitarian diets” when he and Steve Wozniak tried to figure out a name for their new firm. Rejecting Matrix, Executek and Personal Computers Inc., Jobs...  [read more]

  • An Upward Dow Helps an Incumbent President

    Unusual Economic Indicators

    Mar 18, 12 • 443 Views • No Comments

    If you see women in long skirts at “sit-down” restaurants, then the economy is probably expanding. Since 1926 when the hemline index was first expressed, economists have assumed that hemlines fall if the economy contracts and rise during...  [read more]

  • 16572_8.17_000014030272XSmall

    Unconventional Jobs

    Mar 14, 12 • 299 Views • No Comments

    By Mira Korber, guest blogger. Repairing the US employment situation will prove a long battle. As you read yesterday, at current growth rates, it could take eight years for American employment to fully recover. Out of this labor morass, an unusual employment...  [read more]

  • 16908_9.1_000009319445XSmall

    Employment’s Bottomless Pit

    Mar 13, 12 • 369 Views • No Comments

    By Mira Korber, guest blogger. The U.S. economy added 227,000 jobs in February. That’s more than the 210,000 jobs economists forecast for the month, though the current unemployment rate is still high: 8.3%. (For a different take on the issue, read...  [read more]

  • The Surprising Glass Ceiling in Sweden and France

    The Best Places to be a Woman

    Mar 9, 12 • 357 Views • No Comments

    In colonial Massachusetts, the law required boys to attend school while girls were primarily educated at home. Because it was illegal for a married woman to own land, Abigail Adams had to use John’s name anytime she bought or sold land. And Abigail...  [read more]