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Understanding the economics of monopsony: How labor markets work under imperfect competition

Rising interest in the causes, consequences, and policy implications of imperfect competition has sparked a new wave of research on monopsony. ....

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Amazon: Northern Kentucky nursing homes losing workers

Nursing homes are losing entry-level nurses, dietary aides and housekeepers drawn to better-paying jobs at Amazon. ....

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Nursing homes bleed staff as amazon lures low-wage workers with prime packages

The sleek corporate offices of one of Amazon's air freight contractors looms over Villaspring of Erlanger, a stately nursing home perched on a hillside in this Cincinnati suburb. ....

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Study: Higher employer minimum wages forcing raises for all workers

Minimum wages set by Amazon and several national retailers are pushing pay higher in cities where the companies operate, according to a new study by three economics and social science ....

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When Amazon raises wages in the US, nearby firms follow suit

This is good news for Amazon’s workers. But employees at other firms have reason to cheer, too.
A recent paper by Ellora Derenoncourt of the University of California, Berkeley, and Clemens Noelke and David Weil of Brandeis University finds that when big American firms increase wages for their hourly workers, the change tends to spill over to other local employers.
Using a database of online job adverts from Burning Glass Technologies, a labour-market analytics firm, and surveys from Glassdoor, an employer-review website, Derenoncourt and her colleagues found that when Amazon raised its minimum wage to US$15 in October 2018, an increase of roughly 20 per cent, nearby employers increased their advertised hourly wages by 4.7 per cent, on average. ....

United States , Clemens Noelke , Ellora Derenoncourt , David Weil , University Of California , Brandeis University , Burning Glass Technologies , ஒன்றுபட்டது மாநிலங்களில் , டேவிட் வெயில் , பல்கலைக்கழகம் ஆஃப் கலிஃபோர்னியா , பிராண்டீஸ் பல்கலைக்கழகம் , எரியும் கண்ணாடி தொழில்நுட்பங்கள் ,