More and more U.S. workers are counted as employees of firms that they do not actually work for. Among such workers are those who staffed by temporary help service (THS) agencies and leased employees who are on the payroll of professional employment organizations (PEOs) but work for PEOs’ client firms. While several papers study firms’ use of THS services, few examine firms’ use of PEO services. In this article, we summarize PEOs’ business practices and examine how the intensity of their use varies across industries, geographic areas, and establishment characteristics using both public and confidential data.
According to participants in the Chicago Fed’s annual Automotive Outlook Symposium, solid economic growth is forecasted for the nation this year and in 2011. Inflation is expected to remain contained, but the unemployment rate is anticipated to remain high. Light vehicle sales are forecasted to improve moderately in 2010 and 2011.
The Chicago Fed, along with the Cleveland Fed, Brookings Institution Metropolitan Policy Program, and the W. E. Upjohn Institute for Employment Research, held a conference on October 8–9, 2009, to explore the ongoing adjustments of the automotive work force and its communities. This article summarizes panels evaluating work force programs.
On October 8–9, 2009, the Chicago Fed, along with the Cleveland Fed, Brookings Institution Metropolitan Policy Program, and the W. E. Upjohn Institute for Employment Research, held a conference to address the ongoing adjustments of the automotive work force and its communities. This article summarizes one of the key conference panels.
According to participants in the Chicago Fed’s annual Economic Outlook Symposium, solid economic growth is forecasted for the nation in 2010, following a very sharp contraction during 2008 and the first half of 2009; inflation is expected to increase in 2010; and the unemployment rate is predicted to peak early in 2010 and edge lower throughout the year.
On November 10, 2008, the Federal Reserve Bank of Chicago’s Detroit Branch hosted a conference to examine fresh water’s role in the economic future of the Great Lakes region. Participants discussed policy, development, and restoration issues involving the region’s abundant freshwater resources.