Wages might be “sticky”, so that they simply do not adjust to market conditions ... of monopoly power and monopsony power, that is, the pricing power in output and labour markets respectively.

The Gulfstream franchise has top-tier volume share and margin in the large end of the business jet market and has successfully introduced new models like the G700. General Dynamics' marine segment has ...

If prices were increasing due to increased market ... labor markets and that the stores' unions' collective-bargaining agreements would likely counterbalance "any attempted exercise of monopsony ...

Lockheed derived nearly 75% of its $71 billion in 2024 sales servicing contracts from the US Department of Defense, the largest military budget on Earth, and stands to operate the largest defense ...

We develop a dynamic macroeconomic framework with worker heterogeneity, putty-clay adjustment frictions, and firm monopsony power to study the distributional impact of labor market policies over time.

and Simon Mongey consider the importance of market power in the labor market and develop a theory of monopsony that incorporates worker-firm-specific preference heterogeneity, search frictions, and ...

This limits employees' options to leave their current organisation and reduces competition in the labour market. Such agreements shift bargaining ... where the wages are kept at the monopsony levels, ...

The U.S. labor market showed resilience in the first quarter of 2025, with gains in both hiring and wage growth. According to ...

The number of Americans filing new applications for unemployment benefits increased marginally last week, suggesting the ...