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.
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.
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.
The majority of school districts report they don't have enough staff to hire, particularly substitutes, bus drivers, and special education teachers. A recent survey also revealed a major challenge for the superintendency. Only half of superintendents said they were likely to stay in their jobs for the long term.
Vaccine rollouts, an attack on the U.S. Capitol, massive ransomware attacks, the withdrawal from Afghanistan, record numbers of job openings and people quitting, and more. RAND researchers weighed in on all these topics and more.
Collaborative technologies such as Zoom and Microsoft Teams have transformed how we work, visit the doctor, and go to school. But can they also shift demographic trends in migration, fertility, morbidity, and mortality? And if so, how?
It's tempting to see in 2021 a harbinger of some permanent shift in our labor market, but that would be premature. What is clear is that we will never recreate the world of December 2019. The labor market in 2022 and beyond will reflect not only what workers learned from their pandemic experience, but also how employers and policymakers choose to respond.
The new “traffic light” coalition in Germany recently agreed to regulate the sale of cannabis to adults for recreational purposes in licensed shops. International experience has shown that great care is needed in how cannabis policy is shaped.
If green bonds are a viable tool to reduce emissions and adapt infrastructure to the effects of climate change, how can governments encourage the issuance, sales, and growth in the share of green bonds in the total bond market?
To achieve the Biden administration's blueprint for solar energy and focus on climate change mitigation and adaptation, green bonds may be worth considering. But, like any other financing instrument, they may be best considered through a cost-benefit lens.