2024 Employer concentration in local labor markets

Employer concentration in local labor markets

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August undefined, 2024

WebCommission to consider labor-market concentration, in addition to product-market concentration, when evaluating mergers.1 This paper examines whether markets with higher employer concentration are associated with lower LFP and whether the relationship is weaker for employees with more bargaining power, such as those covered by unions. WebMay 5, 2024 · Accounting for the unequal distribution of employment, the researchers found that 23 percent of the national workforce is in highly or moderately concentrated labor markets. They argue that traditional …

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WebApr 25, 2024 · One possible factor may be the concentration of employers in local labor markets. When firms possess greater bargaining power, they can drive down wages, which, in turn, discourages labor-force ... flip mino hd charging light

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WebMay 10, 2024 · The brief’s key findings are: The labor force participation of prime-age workers has been declining steadily in recent decades. One reason may be the growing concentration of employers in local labor markets, which can lower wages by reducing competition for workers. The analysis finds that, indeed, markets with higher employer … WebWe analyze the effect of local-level labor market concentration on wages. Using plant-level U.S. Census data during 1978-2016, we find that: (i) local-level employer concentration exhibits substantial cross-sectional variation; (ii) consistent with labor market monopsony power, there is a negative relation between local-level employer … WebIn this comprehensive study of factor market concentrations, a beginning has been made in the direction of filling the gap in the knowledge of factors of production for markets in the … greatest goaltender of all time

Unemployment Insurance Extensions, Labor Market Concentration, …

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WebWhen it comes to the effects of monopsony, we find that a 1% increase in local labor market concentration is associated with a 0.14% decrease in average hourly wages, and an increase in the number of jobs requiring cognitive and social skills equal to 10-13% of the mean (``upskilling''). We conclude that our evidence is consistent with the ... WebEmployer concentration – a scarcity of employers that a given worker can work for in their local labor market – can reduce the degree of effective competition for workers, increasing employers' wage-setting power (relative to a more competitive labor market). Using US-wide data over 2013-2016, we estimate the effect of employer ... flip mino hd fisheye lensWeb1 day ago · The answer was no. In this same speech, Reagan saluted another actor, John Wayne, an “American hero” who embodied all that was great about swashbuckling swift action. Volcker’s interest rate spike, driving the economy into a recession, epitomized these tough-guy tactics. John Wayne, Paul Volcker: same difference. flip mino hd won\\u0027t turn on

"WebEmployer Concentration in Local Labor Markets By Robert L. Bunting. 198 pp., 6 x 9. Paperback ISBN: 978-0-8078-7828-6 Published: September 2011; ... a beginning has been made in the direction of filling the gap in the knowledge of factors of production for markets in the area of labor. The author examines theories of concentration and monopsony ... " - Employer concentration in local labor markets

Employer concentration in local labor markets

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WebSep 9, 2024 · Employer Concentration in Local Labor Markets [Bunting, Robert L 1920-] on Amazon.com. *FREE* shipping on qualifying offers. Employer Concentration in … WebApr 11, 2024 · Data & Key Variables: Local labor market=commuting zone+4-digit NAICS. Longitudinal Business Database - Concentration=payroll HHI (within local labor …

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WebOct 1, 2024 · This paper estimates employer concentration in labor markets for the entire US. ... First, we calculate measures of market concentration in local labor markets for the near-universe of 2016 online vacancy postings constructed by Burning Glass. We have shown that concentration is high (above 2500 HHI) in 60% of US labor markets … WebOct 8, 2024 · Using plant-level U.S. Census data over the period 1977–2009, we find that: (1) local-level employer concentration exhibits substantial cross-sectional and time …

WebIn California, those who work 40 hours a week should earn a weekly salary of at least $520 or $27,040 annually. Nonexempt salaried workers who work more than 40 hours a week … Webemployer concentration on wages in local labor markets. By focusing on manufacturing, they were able to control directly for worker productivity. The researchers found that, although there was substantial cross-sectional and time series variation in concentration, average local-level employer concentra-tion increased between 1977–81 and

Webemployers are not part of large nationwide firms, but instead are simply local employers in small labor markets, then labor market concentration and the rise of superstar firms are … WebMar 9, 2015 · Rather than estimating monopsony power by looking at the elasticity of labor supply, other researchers have examined the degree of concentration in labor markets. Figure 7 shows estimates of employer …

WebMay 5, 2012 · Amazon.com: Employer Concentration In Local Labor Markets: 9781258325428: Bunting, Robert L.: Books Books › Business …

WebSep 17, 2024 · Hospital mergers within the same labor market resulted in statistically significant slowdowns in wage growth, but only for workers whose employment prospects are more closely linked to hospitals and only for mergers that dramatically increased the degree of employer concentration in the local labor market (the top quartile of mergers). flip mino hd not chargingWebMar 9, 2015 · They found striking variation in employer concentration across the country: for example, parts of the Northeast and Southern California have HHI—a measure of business concentration—below … flip mino hd softwareWebFostering More-Competitive Labor Markets 3 Employer Concentration ... wages that large local employers offer. More precisely, limited competi-tion by buyers—in this case, employers who buy labor ... flip mino hd reviewWebThe average market has an HHI of 4,378, or the equivalent of 2.3 recruiting employers. 60% of labor markets are highly concentrated (above 2500 HHI). Highly concentrated markets account for 16% of employment. Labor market concentration is negatively correlated with wages, and there is no relationship between measured concentration … flip mino hd red lightWebJan 28, 2024 · 1 Introduction. Employer wage-setting, or monopsony, power has received renewed attention in recent years among researchers and policymakers. This literature review summarizes relevant parameters and techniques for measuring the extent of labor market monopsony and discusses estimates of the earnings effects of monopsony, with … flip minohd softwareWebJan 25, 2024 · We estimate the effect of employer concentration on average hourly wages across more than 100,000 metropolitan U.S. labor markets over the period of 2011–2024. greatest goals in soccer historyWebBuild profiles of your state and local workforce with easy to analyze data using the Available Workforce Tool shared by CareerOneStop. ... Sponsored by the U.S. Department of Labor. A proud partner of the network. your source for career exploration, training & jobs ... employment trends, skills needed, and more for any occupation. ... greatest goaltenders of all time