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Labour Market Dynamics: The processes that describe how jobs are created, how workers transition between employment and non-employment, and how these movements influence overall economic performance.
In 2023, the well-known rules of economics dictated that hundreds of thousands of people should lose their jobs. But instead of cracking, the labor market continued to chug along.
The Harvard professor was awarded the Nobel Prize for “groundbreaking research” on women in the labor market.
STOCKHOLM (AP) — The Nobel economics prize was awarded Monday to Harvard University professor Claudia Goldin for research that has advanced the understanding of the gender gap in the labor market.
Federal Reserve Chairman Jerome Powell received a standing ovation in Jackson Hole, Wyoming, on Friday. Powell said the central bank could soon resume cutting interest rates.
RBC chief economist Frances Donald analyzes the U.S.’ labor market and its impact on the economy during an appearance on ‘Making Money.’ ...