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A candid explanation of how the labor market really works and is central to everything—and why it is not as healthy as we think Relying on unemployment number

The Wage Curve

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The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy,

Youth Employment and Joblessness in Advanced Countries

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The economic status of young people has declined significantly over the past two decades, despite a variety of programs designed to aid new workers in the trans

The Rising Well-being of the Young

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Differences and Changes in Wage Structures

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During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular hav