by Josh Bivens | Dec 16, 2015 | Blog, Jobs and Growth
The Federal Reserve’s decision to begin nudging up interest rates—in the clear absence of any inflationary pressures—is disappointing. Since 2008 the Fed has been the policymaking institution that has most consistently worked to restore the economy to health, even as...
by Isaiah J. Poole | Dec 15, 2015 | Jobs and Growth
A sustained campaign on behalf of Senate cafeteria workers – including a 63-year-old employee who was homeless because he could not earn enough money to afford an apartment – has succeeded this week in getting these workers a desperately needed boost in pay and...
by Dave Johnson | Dec 15, 2015 | Blog, Jobs and Growth
In August, Netflix did a great thing. The company announced a new unlimited parental leave policy. The Los Angeles Times covered this, in "Netflix offers new parents 'unlimited' leave": Netflix said Tuesday it will allow new parents up to a year of paid time off,...
by Dave Johnson | Dec 10, 2015 | Blog, Jobs and Growth
Chanting "No justice, no peace," dozens of federal food service contract workers on Tuesday marched out of the Dirksen Senate Office Building cafeteria and went to stage a sit-in at the office of Sen. Ted Cruz (R-Texas). They also gave the senator a “Golden Grinch”...
by Isaiah J. Poole | Dec 10, 2015 | Blog, Jobs and Growth
[fve]https://youtu.be/oO4fUuuYbbo[/fve]Economist Robert Pollin explains in this interview how government buying decisions can help boost U.S. manufacturing. This should be a no-brainer: As much as possible, every dollar our federal government spends should help...
by Dave Johnson | Dec 4, 2015 | Blog, Jobs and Growth
Friday's November jobs report said nonfarm payrolls increased by a seasonally adjusted 211,000 and unemployment was unchanged at 5 percent. Analysts had expected 200,000 so they are happy; overall hiring seems to be continuing at an OK pace. Wages might not be going...