We introduce aggregate shocks to workers' value of job amenities in a frictional equilibrium model of the labor market with on-the-job search, where the job creation cost is sunk and quits trigger ...

We use a dynamic trade and reallocation model with downward nominal wage rigidities to quantitatively assess the economic consequences of recent U.S. tariff increases on imports from Mexico, Canada, ...

The result represents a sharp reversal from the growth of 1.5% in the fourth quarter of 2024 and 2.8% for last year as a ...

Trip.com sees a 173% increase in inbound tourism orders for Labor Day, signaling strong Q1 results and potential growth in Asia. TCOM must innovate or expand globally due to domestic market ...

Evolution AB fell the most on record after it missed analysts’ estimates for revenue and profit in the first quarter following a crackdown on the unlicensed use of its online casino games. The ...

The Philippine Information Agency is the grassroots communications arm of the Government of the Republic of the Philippines. It aims to provide for the free flow of accurate, timely, and relevant ...

That dampens labor mobility, one of the key drivers of regional economic growth. This is why state legislatures, especially in the heavily regulated state of California, should prioritize thorough ...

From structural changes to judicial efficiency, India must prioritize labour and land reforms to boost investment. A holistic approach to policy is key to unlocking sustained growth and global ...

And with each bit of news regarding tariffs and their expected impact on the economy ... In fact, 150 years of history says one particular thing happens next. Market downturns, crashes, recessions ...

Upon her confirmation in 1997, she became the first Black secretary of labor in American history. She is shown here in Las Vegas in 2010. (Ethan Miller | Getty Images) The first Black leader of the ...

Booths of big Chinese, German and Japanese automakers were bustling at Shanghai's auto show this week as the industry kept its focus on a wider global market ... boost the U.S. economy by imposing ...

Applications for unemployment benefits in the United States rose modestly last week, signalling continued labour market resilience despite persistent concerns over a potential economic slowdown.