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.

  • U.S. Jobs and China

    Sep 30, 11 • 176 Views • No Comments

    Trading with China can be very confusing. As Chinese imports proliferated from 1990-2007, factory employment in the communities surrounding Raleigh N.C. plummeted.  According to the WSJ, the 40% dip in factory jobs led to a government spending increase...  [read more]

  • U.S. Jobs and China

    Sep 30, 11 • 195 Views • No Comments

    http://irps.ucsd.edu/assets/001/501361.pdf “The China Syndrome” The Economic Lesson  ...  [read more]

  • “Nutty” Regulations

    Sep 29, 11 • 239 Views • No Comments

    Asked if we wanted accurate labeling on food packages, most of us would say yes. Calorie counts in restaurants would come in handy. Should boilers be more environmentally friendly? Describing a walnut package labeling regulation that adversely affected one...  [read more]

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    Who Are We?

    Sep 29, 11 • 228 Views • No Comments

    Environmental concerns? You might want to look at what the The American Community Survey for 2010 says about who drives alone to work (105 million) and how many of us take public transportation (7 million). If education is your focus, one table in the Survey...  [read more]

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    Moneyball Economics

    Sep 27, 11 • 550 Views • No Comments

    A wonderful baseball movie, Moneyball is also about economics. The story focuses on the Oakland Athletics, a second-tier baseball team with a small budget. A speedy runner? A homerun hitter? The stars cost many millions that Oakland just did not have. Faced...  [read more]