Unemployment
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Biden-Harris Magical Labor Market Claims
“Damage to real wages began with Biden’s ‘Day One’ energy and regulatory Executive Orders, which reduced productivity and real GDP.” ~John Tatom
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More Human Capital Requires More Economic Freedom
“Freer economies are able to make human capital (and self-improvement) more enticing for workers.” ~Vincent Geloso
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Harris’s ‘Joy’ Would Cost US Dearly
“Economists have a duty to point out just how destructive these proposals are.” ~Alexander W. Salter
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Minimum Wages Wreak Labor Havoc
“They arrogantly believe that this time will be different; that their version of a minimum wage will work where every other has failed. Unfortunately, this is what every previous lawmaker believed, too.” ~David Hebert
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Where Will the New Jobs Come From?
“Technological innovations and falling trade barriers make many people more productive… We use this new wealth to create opportunities in high-skill, medium-skill, and low-skill occupations.” ~Art Carden
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Where Will the New Jobs Come From?
“Technological innovations and falling trade barriers make many people more productive… We use this new wealth to create opportunities in high-skill, medium-skill, and low-skill occupations.” ~Art Carden
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June U-3 Jobless Rate Triggers Sahm Rule: Recession Ahead?
“This uptick triggers the Sahm Rule, a real-time recession indicator, suggesting that the US economy is in, or is nearing, a recession.” ~Peter C. Earle
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Who Loves Minimum Wage Laws? Kiosk Makers
“Minimum wages and workplace regulations protect some people, alright, but not the workers. Instead, these rules protect anyone who provides a substitute for the labor that workers bring to the table.” ~Art Carden
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AI Eases Its Own Labor-Market Transitions
“Not long ago, search engines like Google were not understood by the masses, which forced people through experience to learn how to ‘Google’ webpages in the proper way. Submitting a search query is similarly a new language to learn, just like prompting a language model.” ~Samuel Crombie and Jack Nicastro
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Creating So Many Jobs that Destroy Wealth
“Many of the jobs created directly or indirectly by government policies impose net costs on society rather than producing benefits, which worsens rather than improves Americans’ wellbeing.” ~Gary M. Galles
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They Can Afford It!
“Even companies with unusually high net worth cannot, in fact, afford to pay workers more than those workers contribute to the companies’ bottom lines.” ~Donald J. Boudreaux
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Sanders’s 4-Day Week Will Kill Flexible Jobs
“Many Americans juggle multiple or part-time jobs to make ends meet. This policy would add another layer of complexity and constraint in a market that requires more flexibility, not less.” ~Vance Ginn
