Tag: labor markets
This paper explores whether exposure to tight labor markets at working ages is linked to improved financial wellbeing at older ages especially for groups traditionally disadvantaged in the labor market, including people with low income, those without college degrees, and people of color. We also examine what role the timing of exposure to tight labor…
The brief’s key findings are: The labor force participation of prime-age workers has been declining steadily in recent decades. One reason may be the growing concentration of employers in local labor markets, which can lower wages by reducing competition for workers. The analysis finds that, indeed, markets with higher employer concentration are more likely to…
