labor markets

In this episode our President and CEO, Mike Affuso, sits down with Dr. Lindsey Piegza, Chief Economist with Stifel Financial to discuss the 2024 economic outlook, our current national debt, consumer confidence, the upcoming election cycle's potential impact on the economy, and more.

Macro strategists Juhi Dhawan and Nick Wylenzek join host Thomas Mucha to explore how automation, shifting demographics, the onshoring of manufacturing, and other macro and geopolitical dynamics are impacting labor markets across the globe.

Key topics

1:50 – Structurally tight labor markets

4:35 – How labor scarcity impacts policy

7:25 – Automation across sectors

8:55 – Worker retraining and policy solutions

11:55 – Strategic sectors

14:15 – Demographics and the Chinese economy

16:40 – European politics, immigration, and labor markets

18:55 – US immigration policy

21:25 – Long-term policy and investment implications

In this episode of The Vivek Show, host Vivek Ramaswamy welcomes Rich Lowrie, an economic advisor to Herman Cain's presidential campaign, to discuss the complexities of economic growth. The conversation covers GDP as a measure of success, the impact of dollar volatility on economic productivity, and the rise of the managerial class. Rich Lowrie emphasizes the importance of a stable unit of measure and the need for more business investment. He also critiques the Federal Reserve's policies and their effects on wage growth and the striving majority.

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Time-codes:

00:00: Introduction and the importance of economic growth

01:00 Rich Lowrie shares his background and interest in economic growth

01:36: Emphasis on economic growth in solving problems

03:30 Discussion on the belief that consumption drives GDP

10:37: The importance of a stable unit of measure for economic productivity

14:52: The impact of dollar volatility on economic productivity

20:09: Rise of the managerial class and the shift in focus to labor markets

24:00: Critique of the Federal Reserve's control over the money supply

30:22: Discussion on the Federal Reserve's policies and their effect on meritocracy and wage growth.

On this episode, our hosts Bethany McLean and Luigi Zingales sit down with renowned MIT economist David Autor to discuss the impact of technology, labor markets, and immigration on wage inequality and the economy at large. Autor is best known for his work on the "China Shock," the impact of rising Chinese exports on manufacturing employment in the United States and Europe after China's accession to the World Trade Organization in 2001. His most recent work sheds light on which groups have seen the largest nominal wage gains during the COVID recovery, the connections between wage growth and inflation, and more. Autor discusses how advances in technology have disrupted traditional labor markets, how to make better policy choices about the future of work, and the challenges and benefits of immigration in a globalized economy.

Show Notes:

Revisit our conversation with R. Glenn Hubbard, which is referenced in the interview with David Autor

Read the Autor's paper discussed in the episode here.

In our first episode of executive sessions, Clayton Gullett is joined by John Stewart and Scot Duncan, two of the founding partners at MiddleGround Capital. This episode covers four topics: 

1.  John and Scot and their working relationship.
2. How and why labor markets changed and the impact on wages. 
3. The human element of business. How MiddleGround is changing plants to better support employees and the environment.
4. Challenges in 2023.

Learn more about MiddleGround Capital: https://middleground.com/
Follow MiddleGround Capital on LinkedIn: https://www.linkedin.com/company/middlegroundcapital/ 
Follow John Stewart on LinkedIn: https://www.linkedin.com/in/johnstewartky/
Follow Scot Duncan on LinkedIn: https://www.linkedin.com/in/scot-duncan-45a23211/

Timestamps
(00:00:00) Podcast and guest introduction
(00:03:43) John/Scot's working relationship
(00:20:43) COVID and changing labor markets
(00:26:24) Working conditions in manufacturing
(00:36:51) Doing what's right
(00:51:07) Near term challenges in 2023

In this episode of Social Impact Design for Business, Jerry Davis of Michigan Ross' +Impact Studio interviews Jagadeesh Sivadasan, Professor of Business Economics at Michigan Ross. Mr Sivadasan shares insights into changes labor markets where remote work and monopsony are radically changing the landscape.  As remote work opens up, competition for jobs can increase in certain industries.

In this episode, Chief U.S. Economist Lara Rhame and Kara O’Halloran, Director, Investment Research, discuss 5 things that could go wrong, from labor markets to policy error, as the current economy travels at the speed of light. What does the future hold for this rapidly paced market?

For more details visit: https://fsinvestments.com/fs-insights/economy-going-at-the-speed-of-light-what-could-go-wrong

The new jobs report is out, and it looks like workers are winning … bigly.

Unemployment is now at a 50-year low. Black and Latino unemployment numbers have reached all-time lows. The employment rise was okay, a little lower than expected, but to be fair it’s really hard to add a huge number of new jobs when unemployment is this low. And wage increases are beating inflation—so that’s jobs and raises.

The left told us that tax cuts would be great for big business and bad for the workers. The truth is almost the opposite. Business profits are struggling a little, but labor markets have done extremely well.

Yes, there’s are some cautionary signs: We can see some storm clouds on the horizon. In order to keep this going, the president and his team are going to have to resolve this trade war and quickly.

But the good news for today: More of us now have work.

See omnystudio.com/listener for privacy information.

Nassim Nicholas Taleb talks with EconTalk host Russ Roberts about the manuscript version of his forthcoming book, Skin in the Game. Topics discussed include the role of skin in the game in labor markets, the power of minorities, the Lindy effect, Taleb's blind spots and regrets, and the politics of globalization.

What's it like to hang out with Brad Pitt, Christian Bale, Ryan Gosling, and Steve Carell for two months? Adam Davidson, who writes for the New York Times Sunday Magazine, was the technical advisor to the upcoming movie, The Big Short. Besides rubbing shoulders with celebrities, he noticed what he calls the Hollywood model where highly talented workers come together temporarily in project-based employment. Davidson discusses the costs and benefits of this approach and its potential emergence as a more common phenomenon throughout the economy.

Daron Acemoglu, the Elizabeth and James Killian Professor at the Massachusetts Institute of Technology, talks with EconTalk host Russ Roberts about his new paper co-authored with James Robinson, "The Rise and Fall of General Laws of Capitalism," a critique of Thomas Piketty, Karl Marx, and other thinkers who have tried to explain patterns of data as inevitable "laws" without regard to institutions. Acemoglu and Roberts also discuss labor unions, labor markets, and inequality.

Reid Hoffman, co-founder of professional networking site LinkedIn, and Ben Casnocha, former Chief-of-Staff of LinkedIn, talk to EconTalk host Russ Roberts about LinkedIn and their book The Alliance. Hoffman and Casnocha discuss the founding and vision of LinkedIn along with their ideas in The Alliance on how to improve employee/employer relations when turnover is high and loyalty on each side is low.