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.

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    Who Are We?

    Sep 29, 11 • 232 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]

  • “Nutty” Regulations

    Sep 29, 11 • 244 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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    Moneyball Economics

    Sep 27, 11 • 561 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]

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    A “Jersey Shore” Controversy

    Sep 24, 11 • 196 Views • No Comments

    Called the “Snooki subsidy,” the firm that produced MTV’s “Jersey Shore” just received a $420,000 tax credit from the NJ Economic Development Authority. The purpose? New Jersey hopes to encourage business investment. The problem?...  [read more]

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    More Health Care Jobs

    Sep 16, 11 • 207 Views • No Comments

    The health care industry has added 300,000 jobs to the U.S. economy during the past 12 months. New jobs, new construction, new technology, more care. Should we be pleased? This Dr. Seuss-like animated short from marketplace.org presents the downside of health...  [read more]