Alexander Monge-Naranjo is an economist and research officer at the Federal Reserve Bank of St. Louis. His research interests include growth and development, labor and applied contract theory. He joined the St. Louis Fed in 2012. Read more about the author and his research.
Despite making gains in higher-skill occupations, Hispanics are more likely to end up in lower-skill jobs. This disparity may be due to Hispanics lagging behind their non-Hispanic peers in education.
Workers are older, more educated and more diverse. Even traditionally low-skill jobs are requiring more schooling.
Workers in some countries are exceeding the educational levels of their U.S. peers, while those in other countries are narrowing the human capital gap.
Helping recent college graduates with their student loans when they can’t find a job
The ups and downs of commodity prices can have a huge impact on the economies of the producing nations (emerging, as well as developed). Increasingly, these economies are susceptible to the needs of a single buyer: China.
The Great Recession has been officially over for more than six years, but the rate of long-term unemployment (26 weeks or longer) remains elevated. Two age groups have been hurt the most: those 25-44 and, even more so, those 55 and older.
U.S. businesses that are considering trading with Latin America or investing there will find large differences between the region and the U.S., as well as large differences among the Latin American nations themselves. Read about the progress being made in Latin America in job training, infrastructure, trade agreements, politics, macro stability and more.