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Books > Social sciences > Sociology, social studies > Social issues > Unemployment
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Moving the Needle - What Tight Labor Markets Do for the Poor (Hardcover)
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Moving the Needle - What Tight Labor Markets Do for the Poor (Hardcover)
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This timely investigation reveals how sustained tight labor markets
improve the job prospects and life chances of America's most
vulnerable households Most research on poverty focuses on the
damage caused by persistent unemployment. But what happens when
jobs are plentiful and workers are hard to come by? Moving the
Needle examines how very low unemployment boosts wages at the
bottom, improves benefits, lengthens job ladders, and pulls the
unemployed into a booming job market. Drawing on over seventy years
of quantitative data, as well as interviews with employers,
jobseekers, and longtime residents of poor neighborhoods, Katherine
S. Newman and Elisabeth S. Jacobs investigate the most durable
positive consequences of tight labor markets. They also consider
the downside of overheated economies that can ignite surging rents
and spur outmigration. Moving the Needle is an urgent and original
call to implement policies that will maintain the current momentum
and prepare for potential slowdowns that may lie ahead
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