Employment and Labor Markets
- Cost Estimate
H.R. 281, Ensuring Diverse Leadership Act of 2019
As ordered reported by the House Committee on Financial Services on July 11, 2019
- Cost Estimate
H.R. 3661, Patriotic Employer Protection Act of 2019
As ordered reported by the House Committee on Small Business on July 17, 2019
- Cost Estimate
S. 2119, Stop Improper Federal Bonuses Act
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 24, 2019
- Cost Estimate
S. 406, Federal Rotational Cyber Workforce Program Act of 2019
As ordered reported by the House Committee on Oversight and Reform on July 25, 2019
- Presentation
How CBO Develops the Economic Projections Underlying Its Long-Term Budget Projections
On Monday, August 5, Wendy Edelberg, an Associate Director for Economic Analysis at CBO, and Jeffrey Werling, Assistant Director of CBO's Macroeconomic Analysis Division, will give the following presentation to the Social Security and Medicare Trustees Working Group.
- Working Paper
Inflation, Inflation Expectations, and the Phillips Curve: Working Paper 2019-07
This paper studies the current state of inflation dynamics using a Phillips curve model, assesses the degree of anchoring of inflation expectations, and analyzes the sensitivity of inflation to cyclical fluctuations of economic conditions.
- Cost Estimate
S. 153, Supporting Veterans in STEM Careers Act
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 10, 2019
- Cost Estimate
S. 553, Blockchain Promotion Act of 2019
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 10, 2019
- Working Paper
The Effect of the Employer Match and Defaults on Federal Workers’ Savings Behavior in the Thrift Savings Plan: Working Paper 2019-06
This paper develops an empirical model to forecast the effects on employee contribution rates and on employer costs if the federal government changed the employer match or the default contribution rate for participants in the Thrift Savings Plan.
- Report
The Effects on Employment and Family Income of Increasing the Federal Minimum Wage
The federal minimum wage is $7.25 per hour for most workers. In this report, CBO examines how increasing the federal minimum wage to $10, $12, or $15 per hour by 2025 would affect employment and family income.