Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Category Archives: Economy

Indeed State of the Labor Market – Job Seeker Interest Shifting Toward Higher Wage Jobs

“Indeed’s new Relative Job Seeker Interest metric shows workers are drawn to jobs advertising higher wages and that offer more opportunity to work remotely. Key Points

  • Job seekers are substantially less interested in lower-wage, in-person sectors like loading & stocking and personal care & home health than they were before the pandemic.
  • Median advertised hourly wages are strongly correlated with rising job seeker interest, even more than a sector’s share of remote work.
  • For employers in low-wage, in-person sectors, raising wages may be the only significant way to attract more applicants.

Employer demand for labor continues to rise as we slowly emerge from the pandemic. But there’s yet to be a flood of job seekers to fill open positions and many employers are left scratching their heads. In the short term, employers are trying to sweeten deals, with the share of job postings advertising hiring incentives doubling since last year.  To find out what jobs workers are looking at, the Indeed Hiring Lab has developed the Relative Job Seeker Interest metric. Our new measure captures changes in job seeker interest in an occupational sector since the beginning of the pandemic compared with the average job. Our pre-pandemic baseline is February 1, 2020. A positive change in this metric since then means, compared with the average posting, the sector has become more attractive to job seekers than before the pandemic….”

The COVID Retirement Boom

Federal Reserve Bank of St. Louis, Miguel Faria e Castro, 2021-10-15 – “The labor force participation rateregistered its largest drop on record in 2020, falling from 63.2 percent in the fourth quarter of 2019 to 60.8 percent in the second quarter of 2020. By the second quarter of 2021, the rate had recovered slightly, to 61.6… Continue Reading

New Database Reveals Fines for Environmental and Safety Infringements Lag Far Behind Those for Competition and Financial Offenses

Phil Mattera, Corporate Research Project: “Today the Corporate Research Project of Good Jobs First is launching Violation Tracker UK, a free public database that collects over 63,000 cases brought by more than 40 regulatory agencies in the United Kingdom– ranging from the Financial Conduct Authority to the Serious Fraud Office and the Environment Agency. It… Continue Reading

Amazon Puts Its Own “Brands” First Above Better-Rated Products

New on LLRX – Amazon Puts Its Own “Brands” First Above Better-Rated Products – Investigative Reporter Adrianne Jeffries and Investigative Data Journalist Leon Yin document how the online giant gives a leg up to hundreds of house brand and exclusive products that most people don’t know are connected to Amazon. Continue Reading

I Set Out to Build the Next Library of Alexandria. Now I Wonder: Will There Be Libraries in 25 Years?

TIME – Brewster Kahle, Founder and Digital Librarian of the Internet Archive. Member, National Academy of Engineering, American Academy of Arts and Sciences, and the Internet Hall of Fame< “When I started the Internet Archive 25 years ago, I focused our non-profit library on digital collections: preserving web pages, archiving television news, and digitizing books.… Continue Reading

Hiring in the Great Resignation – 2021 State of Tech Salaries

“We’re in the middle of the Great Resignation where employees are quitting their jobs at record-setting rates. During the COVID-19 pandemic, many entered a period of reflection, reevaluating their career paths with newfound perspective. Some people vowed never to work from an office again, while others sought out better benefits and work-life balance. This has… Continue Reading

Article – Current market rates for scholarly publishing services

Current market rates for scholarly publishing services [Free version 2; peer review: 2 approved] F1000 Research, 1 July 2021. Alexander Grossmann, Björn Brembs. https://orcid.org/0000-0001-7824-7650 – “For decades, the supra-inflation increase of subscription prices for scholarly journals has concerned scholarly institutions. After years of fruitless efforts to solve this “serials crisis”, open access has been proposed… Continue Reading

A whistleblower’s power: Key takeaways from the Facebook Papers

Follow-up to previous posting – Whistleblower: Facebook is misleading the public on progress against hate speech, violence, misinformation – See Also the Washington Post – “Interviews with dozens of current and former employees and a trove of internal documents show how the social media company inflamed real-world harms.A trove of internal Facebook documents reveals that the… Continue Reading

Proclamation on Advancing the Safe Resumption of Global Travel During the COVID-⁠19 Pandemic

White House Presidential Action – “…In light of these facts and circumstances, I have determined that it is in the interests of the United States to move away from the country-by-country restrictions previously applied during the COVID-19 pandemic and to adopt an air travel policy that relies primarily on vaccination to advance the safe resumption… Continue Reading

This climate does not exist

“ThisClimateDoesNotExist.com is an AI-driven experience based on empathy, allowing users to imagine and vizualize the environmental impacts of the current climate crisis, one address at a time. Climate change does not impact everyone equally. For the planet to tackle the climate crisis, we all need to act as though our homes were directly affected. We… Continue Reading

UK Gov – Net Zero: principles for successful behaviour change initiatives

Net Zero: principles for successful behaviour change initiatives. Key principles from past government-led behaviour change and public engagement initiatives, BEIS Research Paper Number 2021/063 October 2021. “The Behavioural Insights Team (BIT) was commissioned by the Department for Business, Energy and Industrial Strategy (BEIS) to undertake a rapid review and synthesis of successful (and to a… Continue Reading