[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/fip/fedfar/00010.html
   My bibliography  Save this article

Redefining the labor market. SF Fed economists Rob Valletta, Nicolas Petrosky-Nadeau, and Mary C. Daly share their thoughts on the U.S. labor market with fellow economist President John Williams

Author

Abstract
Changes in demographics, and in employer and worker needs, have redefined the U.S. labor market. We discuss the \\"new normal\\" in our 2015 annual report, What We've Learned?and why it matters. Observations include how the gig economy?or sharing economy?is affecting the part-time workforce. We also look at influences on labor force participation rates and clarify the math behind sluggish wage growth. A consideration for both is the retirement of higher-earning baby boomers and the increase in steady employment for lower-wage workers.

Suggested Citation

  • Mary C. Daly & Nicolas Petrosky-Nadeau & Robert G. Valletta & John C. Williams, 2015. "Redefining the labor market. SF Fed economists Rob Valletta, Nicolas Petrosky-Nadeau, and Mary C. Daly share their thoughts on the U.S. labor market with fellow economist President John Williams," Annual Report, Federal Reserve Bank of San Francisco, pages 08-08.
    • Handle: RePEc:fip:fedfar:00010
    as

    Download full text from publisher

    File URL: https://fraser.stlouisfed.org/title/annual-report-federal-reserve-bank-san-francisco-476/2015-annual-report-669408
    File Function: Full Text
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedfar:00010. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Federal Reserve Bank of San Francisco Research Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbsfus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.