Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. Contractors raise a framed wall at the Toll Brothers Redwood, ...

Labour economics examines the allocation of work effort and the functioning of labour markets, analysing how wages, employment and worker well-being are determined. It explores the supply of ...

It’s a simple problem of arithmetic: The U.S. is not producing enough workers to satisfy the needs of employers. The issue is not new and was already being flagged by trade associations for industries ...

The American economic historian and labor economist is the third woman to win the Nobel Memorial Prize in Economic Sciences Elysse Bell is a finance and business writer for Investopedia. She writes ...

In 2023, the United States saw the strongest wave of labor unrest in decades. Punctuated by high-profile auto worker and actors’ union strikes, some analysts see this uptick in organized labor ...

The labor market recovered quickly from the massive Covid-19 pandemic-induced downturn in early 2020. The labor market regained its prepandemic strength within a few short years. Moreover, it stayed ...

Labor supply elasticity measures the responsiveness of individuals’ working hours to changes in wages, non-labour income or policy parameters. Economic models distinguish between the intensive margin ...

WASHINGTON, Aug 11 (Reuters) - U.S. President Donald Trump on Monday said he was nominating economist E.J. Antoni as the new Bureau of Labor Statistics commissioner, 10 days after firing the agency's ...

The World Economic Forum (WEF) on Thursday urged companies worldwide to intensify efforts to prevent forced labor, a pervasive issue that continues to effect approximately 27.6 million individuals, ...

The US Department of Labor’s Office of Inspector General is initiating a review of “challenges” at the Bureau of Labor Statistics regarding collecting and reporting key economic data. The review will ...