by Leo Gerard | Jan 13, 2015 | Blog, Economy, Jobs and Growth, Minimum Wage
The jobs report Friday set off cheering: a quarter million positions added in December; unemployment declining to 5.6 percent. This good news arrived amid a booming stock market and a third-quarter GDP report showing the strongest growth in 11 years. It’s all...
by Dean Baker | Jan 9, 2015 | Jobs and Growth
The unemployment rate edged down to 5.6 percent in December from 5.7 percent in November (revised from an earlier reported 5.8 percent), the Labor Department reported today. However, the main reason was that 273,000 workers reportedly left the labor force. The...
by Isaiah J. Poole | Jan 8, 2015 | Blog, Jobs and Growth
This week there are signs of a crack in the no-tax-increase-no-way-no-how stance of the Republican Party in Congress. Now that they have control of both the House and the Senate, it is the Republicans' turn to figure out on their own how to pay for the federal program...
by Isaiah J. Poole | Jan 8, 2015 | Blog, Jobs and Growth
More than 300 progressive activists and labor leaders on Wednesday embraced "raising wages" as the theme of a series of battles in 2015 to reverse policies that have led to record levels of income inequality and a shrinking middle class. "We are tired of people...
by Bill Scher | Jan 7, 2015 | Blog, Jobs and Growth
The ground-breaking ceremony for California's high-speed rail system Tuesday was the second major advancement in President Obama's vision for modernizing America's train tracks in the last two weeks. At the end of 2014, the Amtrak Vermonter line – connecting Vermont...
by Richard Eskow | Jan 7, 2015 | Blog, Jobs and Growth
There's been a lot of economic recovery talk lately, but most people will probably tell you that things still aren't that great. Most Americans – 99 percent of them or so – are still struggling. Economic inequality is soaring, social mobility is declining, earnings at...
