Positive and negative signals coming out of the economy have experts questioning the direction of the U.S. labor market.

Layoffs may not be mounting, but it’s getting harder to find a job in a labor market where hiring is “anemic” as ...

Those with a job are likely to stay employed, but those without one are likely to stay unemployed. Why it matters: Welcome to ...

Released today, the ADP National Employment Report for June 2025 shows a significant slowdown in the US private sector labor market, with a loss of 33,000 jobs. This negative statistic follows a ...

An early indicator that the job market weakened in June is the rising number of continuous jobless claims, which are reported ...

The job market is “progressing solidly, although more slowly than before,” Mary Daly, president of the Federal Reserve Bank ...

In the simple textbook model used to analyze monopsony, a firmis assumed to procure inputs in a market in which it has monopsony power and sell its output in a perfectly price-competitive market.

Monopsony The inverse of a monopoly, monopsony occurs when a market has a single buyer. Lack of competition from other buyers means the monopsonist can influence prices or other terms of exchange ...

In 2020 the Ardern-Robertson Labour Government amended the Equal Pay Act to replace the government using its monopsony to set wages by an alternative wage-setting process called ‘pay equity’, where ...

Empirical monopsony estimates often suggest that firms enjoy implausibly large profit margins. We argue that allowing for non-constant labor supply elasticities and firm adjustment costs can ...