Daily Policy Digest

Economic Issues

Large Retailers Provide Higher Wages, More Opportunities than Small Retailers

Big-box retailers have been criticized for offering low wages, but a report published by the National Bureau of Economic Research shows that the growth of large chains and retailers raises wage rates relative to smaller, mom-and-pop establishments...

Non-Compete Agreements Limit Growth

New companies are responsible for the majority of net new job creation, but non-compete agreements can keep individuals from moving in and out of jobs...

Income Boost from Right to Work Laws

Currently, 26 states allow unions to force new employees to join unions or pay union dues. But 24 states have Right to Work (RTW) laws, which grant workers the right not to join unions and pay dues as a condition of their employment...

Part-Time Work Responsible for Job Growth

Growth in today's recovery is half of what it was after the United States' previous four recessions...

California: Overprotecting Public Employee Pensions

California courts have ruled that public employees have a right to maintain their pension levels, making it difficult for the state to enact pension reform...

Houston Creates Jobs, Boasts Low Housing Prices

On a square-footage basis, the same amount of money can buy seven times as much space in Houston as in San Francisco and over four times as much space as in New York...

Federal Reserve: Longer Unemployment Benefits Reduce Job Search Efforts

Debate over expiration of long-term unemployment benefits has continued, with supporters of the program contending that extra benefits allow workers to continue their job searches...

The U.S. Labor Market Lacks Dynamism

A workforce that is less dynamic is likely to see weak wage growth, because workers are not in the jobs in which they could be most productive...

Training Wage Would Boost Teen Employment

Raising the minimum wage to $10 will keep teenagers out of jobs, as they have almost no experience and are not worth the higher hourly pay...

Why the "Rich" Can Get Richer Faster than the "Poor"

When low-income individuals move into higher income brackets, their newfound wealth is reflected in the upper income brackets that they reach, not in the lower income brackets that they leave behind...


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