Markets

commentary

Long COVID Is a Mass Disability. The Labor Market Is in Denial

Forget the work-from-home revolution or quiet quitting: The COVID-19 pandemic's biggest impact on the U.S. labor market will be as a mass disability event. It's a shock that the economy is not well prepared to handle.

Kathryn A. Edwards

commentary

How COVID-19 Transformed the Jobs Market

The COVID-19 pandemic initially devastated the U.S. economy. It also exposed and exacerbated existing inequities in society. But in as yet unpredictable ways, it may have accelerated profound changes in how labor works today.

Brian Michael Jenkins @BrianMJenkins

commentary

Measure ULA Reflects the Wrong Lessons from Proposition HHH

Los Angeles voters approved the so-called “mansion tax,” Measure ULA, which proponents suggested will raise funds for about 26,000 new units of affordable housing over the next decade. But a key labor provision casts doubt on that optimistic projection.

Jason M. Ward @jason_m_ward

commentary

Cannabis Legalization in Europe: Planning Ahead

Since 2012, multiple jurisdictions have changed their laws to legalize the production, possession, and use of cannabis for nonmedical purposes. While most of these changes took place in the Americas, there are signs that the European legal landscape might be changing, too.

Mafalda Pardal @PardalMafalda

commentary

Green Jobs and Skills Development for Disadvantaged Groups

Many countries have plans to increase green job opportunities. To make sure that everyone can benefit from this promised green transition, it is important to understand how people with low qualifications, and other marginalised groups, might be able to access green jobs.

Joanna Hofman @JoannaBHofman, Katrin Feyerabend, et al.

blog

Legalizing Cannabis, the Russian Nuclear Threat, Digital Offshoring: RAND Weekly Recap

This weekly recap focuses on cannabis legalization, the Russian nuclear threat, the effects of digital offshoring, and more.

blog

Microchips, Ukraine, Outer Space: RAND Weekly Recap

This weekly recap focuses on how safeguarding Taiwan is the answer to America's microchip problem, a moment of clarity in Ukraine, new rules in space, and more.

commentary

Got a Labor Shortage? Make It Easier to Work

If the United States wants to avoid a long-term worker shortage, it should look to what policy can—but has failed to—fully address. We have a long history using carrots and sticks, but this is a problem we may not be able to cajole or punish our way out of. Finding workers can be as simple as giving more people a chance to work.

Kathryn A. Edwards

commentary

Recovered, but Not Whole: U.S. Jobs Rebounded, but Not for Everyone

The U.S. recovery from the pandemic recession has been remarkable. But it's important to note that both the recession and its recovery treated men and women differently, and treated women of color differently than white women.

Kathryn A. Edwards

commentary

Microbiome-Based Health and Wellness Innovation: Reflecting on Regulatory Challenges and Needs

Microbiome research and development may lead to an increasing number of therapeutic and well-being breakthroughs. But regulating microbiota-related products poses a challenge that could require innovative approaches.

Mark Cabling, Zuzanna Marciniak-Nuqui, et al.

blog

RAND's New President, the U.S. Foreign Service, Transportation Equity: RAND Weekly Recap

This weekly recap focuses on RAND's next president and CEO, Jason Matheny, insights into Americans' views on diplomacy and diplomats, solutions for transportation equity, and more.

commentary

Is a Recession Coming? A Key Indicator Is Also the King of Mixed Messages

When fears of inflation arise in the United States, people start paying a lot of attention to weekly unemployment-insurance claims, as an early indicator of layoffs that could augur a broader slump. But unemployment claims are a flawed gauge that may be particularly skewed by the pandemic.

Kathryn A. Edwards

blog

Responding to Russian Cyberattacks, Rebuilding Ukraine, Climate Change: RAND Weekly Recap

This weekly recap focuses on how the U.S. could respond to Russian cyberattacks, what it will take to rebuild Ukraine after the war, why U.S. employers still have the power over workers, and more.

commentary

A Whole New, Same World

Workers in the United States have emerged from the pandemic with new preferences and demands, but they still lack the power to get what they want. By any meaningful measure, employers are still in charge.

Kathryn A. Edwards

essay

The Digital Skills Gap: What Workers Need for the Jobs of the Future

Business leaders have warned for years that what they see on job applications does not match what they need in new employees. There are not enough workers with the right digital skills. And as the world economy struggles to its feet after COVID-19, that skills gap threatens to keep pushing it down.