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Category Archives: Economy

Investigating the Impact of Gender on Rank in Resume Search Engines

Investigating the Impact of Gender on Rank in Resume Search Engines. CHI ’18 Proceedings of the 2018 CHI Conference on Human Factors in Computing Systems. Paper No. 651.
“In this work we investigate gender-based inequalities in the context of resume search engines, which are tools that allow recruiters to proactively search for candidates based on keywords and filters. If these ranking algorithms take demographic features into account (directly or indirectly), they may produce rankings that disadvantage some candidates. We collect search results from Indeed, Monster, and Career Builder based on 35job titles in 20 U. S. cities, resulting in data on 855K job candidates. Using statistical tests, we examine whether these search engines produce rankings that exhibit two types of indirect discrimination:individual and group unfairness. Furthermore, we use controlled experiments to show that these websites do not use inferred gender of candidates as explicit features in their ranking algorithms.”

ALA releases new Libraries’ Guide to the 2020 Census

“Today the American Library Association released the Libraries’ Guide to the 2020 Census, a new resource to prepare libraries for the decennial count of every person living in the United States. “Next year, when people begin to receive mail asking them to complete the census, we know that many of them will have questions about… Continue Reading

Global economy remains weak as subdued trade drags down growth

OECD Economic Outlook May 2019: “A year ago, the OECD warned about how trade and policy uncertainties could significantly damage the world economy and further contribute to the growing divide between people. A year later, global momentum has weakened markedly and growth is set to remain subpar as trade tensions persist. Trade and investment have… Continue Reading

Robots to take 400,000 finance jobs in the next decade

Opimas Report – Workforce of the Future:Transplanting Technology Skill Sets to the Capital Markets 2019-05-16 – “The post-crisis regulatory tsunami that hit the capital markets over the past 10 years has had a major impact on the global industry’s workforce. Despite strong downward pressure on margins, financial institutions embarked on massive recruitment for their risk… Continue Reading

Recession Ready: Fiscal Policies to Stabilize the American Economy

This volume [256 pages] —a joint project by The Hamilton Project and the Washington Center for Equitable Growth—focuses on the workhorse antirecession programs known as “automatic stabilizers.” “The Great Recession is remembered, and properly so, for its massive destruction of household wealth and job losses that reached over 800,000 in a single month. In just… Continue Reading

House Intel Committee releases transcripts of Michael Cohen’s 2 day closed-door testimony

Cohen’s February 2019 testimony can be found here. Cohen’s March 2019 testimony can be found here. [May 20, 2019], the House Permanent Select Committee on Intelligence voted to release Michael Cohen’s testimony and related exhibits to the public by a vote of 12 – 7. Afterwards, Chairman Adam Schiff (D-CA) made the following statement: “With… Continue Reading

OPM-GSA merger plan detailed in legislative proposal – vests power over personnel service in presidential appointee

FCW.com: “The White House is proposing legislation for a dramatic overhaul of human resources inside the government and wants $50 million to execute the plan. The administration is looking to move the Office of Personnel Management’s functions and resources to a service inside the General Service Administration, alongside real estate management and acquisition. A new… Continue Reading

What happened to the MSPB?

U.S. Merit Systems Protection Board Congressional Budget Justification FY 2020: “Over the last year, the U.S. Merit Systems Protection Board (MSPB or Board) has worked to improve the effectiveness and long-term impact of its missions function in response to the Office of Management and Budget’s (OMB) memorandum M-17-22, “Comprehensive Plan for Reforming the Federal Government… Continue Reading

This economics journal only publishes results that are no big deal

Vox – Most new publications, upon their launch, seek to promote their content as novel, surprising, exciting. A new journal that began publishing this week does … the opposite of that. “Start with the name: Series of Unsurprising Results in Economics (SURE). The journal publishes papers with findings that are, well, really boring — so… Continue Reading

The 2019 Fortune 500 List: The Prize of Size

From industry dominating mergers to legacy second-acts, the world’s highest-revenue-generating companies make moves that reverberate. – Consider this fact: Just 500 companies—the ones on this year’s ­Fortune 500 list, to be precise—produced enough revenue last year to equal two-thirds of the entire economic output of the United States. Think about that a minute: just 500… Continue Reading

Office of Government Ethics releases Trump’s 2018 financial disclosure

Axios – The Office of Government Ethics has released President Trump’s 2018 financial disclosure form, shedding light into how much money he made in the second full year of his presidency. [the full text document is embedded in this article] “Quick take: Income at Trump’s D.C. golf club was up $500,000 to about $13.3 million,… Continue Reading

Auditing for Bias in Resume Search Engines

Investigating the Impact of Gender on Rank in Resume by Le Chen, Ruijun Ma, Anikó Hannák and Christo Wilson “In this work we investigate gender-based inequalities in the context of resume search engines, which are tools that allow recruiters to proactively search for candidates based on keywords and filters. If these ranking algorithms take demographic features into account… Continue Reading