THE CONSEQUENCES OF FLEXIBLE STAFFING FOR WORKERS
COMPUTERIZATION AND THE DEMAND FOR SKILLS
GAUGING THE PROSPECTS OF TODAY'S COLLEGE GRADUATES
A volatile labor market, with employers frequently revising their labor requirements and workers always on the look out for new jobs, provides much work for "labor market intermediaries"-- organizations which act as job brokerages, matching job seekers and potential employers. Traditional intermediaries such as temporary help agencies, professional associations, and union hiring halls, have been joined recently by non-profit community development corporations and numerous ventures occasioned by efforts to move former welfare recipients into jobs.
Many firms are experimenting with compensation schemes, such as share options or profit sharing, that give workers a more direct financial stake in the company. Some firms are also offering workers a greater say in decision-making. To support a pilot study of such "shared capitalism," a presidential award was made to Richard Freeman of the National Bureau of Economic Research and Douglas Kruse of Rutgers University. Freeman and Kruse will conduct a survey of employees across the country, mapping out the scope of "shared capitalism" and workers' attitudes towards it.
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