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Economy, Strategy & Finance Data Reactions
2018
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E-commerce continues to grow among U.S. consumers
June 18 | Ben Cheng, Former Researcher, Economics Department, The Conference Board | Comments (0)Our March 2018 Consumer Confidence Survey shows evidence that e-commerce continues to grow among U.S. consumers of most age and income groups.
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Blue Collar Workers are no Longer Singing the Blues
June 04 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (1)The faster growth in wages for blue-collar workers is somewhat surprising, especially since throughout most recent history, white-collar wage growth was higher. We expect labor markets to continue to tighten in the coming years, which will only apply more wage and price pressures across the economy. There are already signs that faster wage growth is already spilling over to producer prices.
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The Rising Role of Older Women in the Labor Force and Why “Full Employment” May Get Still Fuller
June 04 | Diane Lim, PhD, Principal Economist, The Conference Board | Comments (0)The rise of women relative to men in the labor force—along with the relative increase in female-dominated and generally lower-paying service sector employment—may be one significant reason why wage growth in this economic recovery has not been as fast as expected or what we are used to experiencing. But it’s also a reason why we can think optimistically that the labor market (and our economy’s true capacity) still hasn’t maxed out.
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On Governance: Caremark Decision and Reputational Risk Through #MeToo Glasses
May 15 | Arthur Kohn, General Counsel - ERISA, Compensation & Benefits, Citi | Vanessa Richardson, Associate, Cleary Gottlieb Steen & Hamilton | Comments (0)Public and private businesses today face many decisions that do not arise from, and have consequences far beyond, solely financial performance. Rather, these decisions are primarily driven by, and implicate, important social, cultural and political concerns. They include harassment, pay equity and other issues raised by the #MeToo movement.
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Financial Times Op-Ed: We May be Missing the Productivity Revival in the Global Economy
May 09 | Bart van Ark, Managing Director, The Productivity Institute, The University of Manchester | Comments (0)Policymakers returned home from last month’s spring meetings of the World Bank and IMF with a clear message. The current short-term outlook provides no guarantee for sustained economic growth in the medium-term. Not surprisingly the word “productivity” therefore appears many times in this edition of the IMF’s World Economic Outlook. Productivity growth will be one of the most effective ways to prevent the recent upswing in global growth from slowing down prematurely.
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Retail Apocalypse Postponed Not Cancelled
May 02 | Brian Schaitkin, Former Senior Economist, The Conference Board | Comments (0)Labor market data very clearly suggest that jobs in warehousing, delivery, and e-commerce, are unlikely to fully replace those lost in brick and mortar retail.
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Will China Out-Innovate the World
April 25 | Ataman Ozyildirim, Former Senior Director, Economics, The Conference Board | Xiaohui (Janet) Hao, PhD, Former Senior Economist, The Conference Board | Comments (0)China has recognized the need to put its giant economy on a path toward developing an innovation culture, an initiative that could position it to challenge the U.S. as a global leader of innovation. But despite a massive investment in research and development, the nation faces some significant barriers to reaching its goal.
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What do online job ads tell us about Amazon’s choice for a second headquarters?
April 17 | Agron Nicaj, Associate Economist, The Conference Board | Comments (1)Observing labor demand using online job ad postings for a specific company like Amazon is possible with Help Wanted OnLine® data. Most importantly, HWOL allows us to analyze monthly trends in labor demand both in real-time and historically down to the most granular occupational level for areas throughout the United States. Analyzing trends in online job ads with the granularity of Help Wanted OnLine® broadens our understanding of the overall U.S. labor market.