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US Employment and Labor 2019: A Look Ahead
We're featuring a series this month called “2019: A Look Ahead” and continue with a look at the current labor markets. 2018 ended with very positive news: the economy added around 2.6 million jobs in 2018, and wages grew by 3.2 percent. The labor participation rate climbed over 63 percent, meaning more people were coming back into the workforce, which also nudged the unemployment rate up a bit to 3.9 percent. As 2019 starts, 20 states and around two dozen cities are raising the minimum wage. However, the country is now feeling the effects of the government shutdown, the current trade war, and a shaky Wall Street. So, what can we expect to see this year? Host Dan Loney is joined by Peter Cappelli, the Director of the Center for Human Resources and Professor of Management at the Wharton school, and Iwan Barankay is an Associate Professor of Management and Associate Professor of Business Economics and Public Policy at Wharton, to discuss their projections for the labor market in 2019 on Knowledge@Wharton.
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The Fight for Fed Independence in a Politicized Economy
08:00|Peter Conti-Brown, Wharton Associate Professor of Financial Regulation & Legal Studies and Business Ethics, and author of Private Finance, Public Power: The History of Bank Supervision in America (set to be released June 24th), explores the increasing political scrutiny faced by the Fed, particularly under President Trump, and how this scrutiny could undermine the central bank's ability to respond effectively to economic challenges.How Investment Firms Are Reshaping the Business of Sports
08:00|Eric Bradlow, Professor and Chair of the Marketing Department at the Wharton School and co-host of The Wharton Moneyball Postgame Podcast, explores the accelerating role of private equity in professional sports ownership, its potential move into college athletics, and the financial and fan-facing implications of these seismic shifts in the sports industry.Earth Day 2025 and the ESG Reckoning in Business Strategy
08:02|Witold Henisz, Vice Dean and Faculty Director of the ESG Initiative at the Wharton School, explores the evolving challenges and opportunities in ESG strategy, highlighting the ongoing shakeout, investment uncertainty, and the urgent need for coordinated climate action as Earth Day 2025 approaches.How Today’s Entrepreneurs Create Value Through Innovation and Grit
08:00|Lori Rosenkopf, Wharton Vice Dean of Entrepreneurship, discusses her new book Unstoppable Entrepreneurs: Seven Paths for Unleashing Successful Startups and Creating Value Through Innovation, offering fresh perspectives on entrepreneurial success beyond media stereotypes.The Hidden Economic Costs of U.S. Tariff Policy
08:00|Kent Smetters, Faculty Director of the Penn Wharton Budget Model, discusses findings from a new report showing how proposed U.S. tariffs may lead to long-term declines in GDP and wages, reduced foreign investment, and increased difficulty in managing federal debt.Basel III, Crypto, and the Future of Banking Oversight
08:00|David Zaring, Wharton Professor of Legal Studies and Business Ethics, discusses the evolving regulatory landscape in the U.S. banking sector, highlighting key contrasts between Biden and Trump-era policies, the uncertain fate of Basel III implementation, and the role of agency discretion in shaping financial oversight.The New Tariff Era: Global Supply Chains Under Pressure
08:00|Senthil Veeraraghavan, Wharton Professor of Operations, Information and Decisions, explores the immediate and long-term effects of rising tariffs on global supply chains, pricing, and consumer markets.Navigating Economic Uncertainty: Policy Insights from a Former Fed President
08:00|Loretta J. Mester, Wharton Adjunct Professor of Finance and former President of the Cleveland Federal Reserve, shares her insights on the state of the economy, rising recession risks, and the Federal Reserve's approach to inflation and interest rate decisions in an era of uncertainty.Teaching Financial Responsibility: Strategies for Parents and Educators
08:00|Olivia Mitchell, Wharton Professor of Business, Economics, and Public Policy and Director of the Pension Research Council examines the state of financial education in the U.S., the consequences of financial illiteracy, and practical steps parents can take to equip children with the skills needed to manage money effectively throughout their lives.