Labor & Wages

Does Pay Transparency Actually Help Workers?

Revealing salaries can help to reduce pay gaps, but is there a downside? Takeaway: This paper synthesizes international economic research to evaluate how different types of pay transparency laws—peer-to-peer disclosures, managerial pay visibility, and salary ranges in job postings—reshape worker motivation, salary negotiations, and employer hiring strategies. Key Points Peer transparency shrinks wage gaps, but can lower overall pay: Making salaries visible among direct cowork

Editorial Staff

2 days ago3 min read

Can a Single Cash Grant Change the Future for Small Farmers?

Takeaway: Giving one-time cash grants to extremely poor agricultural families leads to lasting improvements in food security and farm profits, even after initial consumer spending sprees fade. Section 3 - Key Points Fleeting spending, persistent food security: Initial surges in retail purchases vanished within six months, but families maintained higher food security for up to two years. Farming as an investment: Families sustained these long-term gains by investing cash in se

Editorial Staff

6 days ago3 min read

Weekly Earnings Rise, Real Earnings Remain Flat

Takeaway: The latest data from the BLS shows that while nominal earnings rose, real earnings were flat from the same time last year. The Bureau of Labor Statistics released the Q2 data on weekly earnings this Tuesday, showing small gains in nominal wages. But persistent inflation is wiping out those gains. For the nearly 121 million full-time workers in the US economy, median weekly earnings rose by $53 from the second quarter of last year to $1,251. That's a rise of about 4.

Nate Griffin

Jul 251 min read