Slowing growth shows need for renewed policies to boost jobs and incomes
July 30, 2010
GDP rose at an annualized rate of 2.4% in the second quarter of 2010, a steep drop off from the 3.7% annualized growth rate in the previous quarter. Read More
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Economy slows sharply in the second quarterGDP has grown for four straight quarters but pace of growth is well below the average for post-war recoveries. |
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16 states and D.C. have double-digit unemploymentNew state unemployment data show that while jobs are returning, the pace of recovery remains slow. The June unemployment rate was 14.2% in Nevada, 13.2% in Michigan, 12.3% in California and 11.4% in Florida. |
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A severe shortage of jobsAs lawmakers debate the need to maintain extended unemployment insurance benefits, new data show that unemployed workers outnumber job openings by a wide margin. |
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Job creation and deficit reductionEPI experts have recently advised President Obama's deficit commission about the best economic policies for creating jobs. |
Latest Research
Are New Jersey Public Employees Overpaid?
July 30, 2010
The state’s governor and one of its leading newspapers are calling for a pay freeze and benefits reduction for public workers in New Jersey. But an analysis of the data finds that these workers are not overpaid.
Government debt and economic growth
July 26, 2010
New EPI research shows that there is no solid evidence to support a popular claim that high levels of debt cause slower economic growth.
Monetary Policy and the State of the Economy
July 22, 2010
In July 22 testimony before the House Committee on Financial Services, EPI President Lawrence Mishel said, “The jobs crisis is severe and there is no end in sight.”
Congressional Mandates Account for Most of Postal Service’s Recent Losses
July 22, 2010
Eliminating Saturday mail delivery could cost 80,000 U.S. postal service jobs and would not be the most effective way to improve U.S.P.S. finances.
Two for the price of one
July 15, 2010
Providing unemployment insurance both assists the unemployed and generates jobs.
An assessment of the American Recovery and Reinvestment Act
July 14, 2010
Economist Josh Bivens outlines the benefits of the Recovery Act to the House Budget Committee and says more fiscal support should be provided to create jobs.
Job seekers still face intolerable odds
July 13, 2010
Unemployed workers outnumbered job openings 4.7-to-one in May.
Economic impacts of a Korea-U.S. Free Trade Agreement
July 9, 2010
International Economist Robert Scott cautions that free trade with Korea could cost U.S. jobs.
Analysis & Commentary
Use Revenue from Top to Fund Stimulus
July 27, 2010
Bush tax cuts resulted in a huge decline in revenue, and permanently extending the upper-income provisions would substantially worsen the long-term budget outlook, says EPI Research and Policy Director John Irons. Read More
Minimum wage anniversary: Still helping millions of workers get by, but just barely
July 23, 2010
On each July 24th for the past three years, the federal minimum wage increased by $0.70 per hour. The last step of this three-part increase brought the minimum wage to $7.25 per hour in 2009. One year later, the policy is helping those who need it the most, and the economy overall. Read More
Filling a “huge jobs hole”
July 23, 2010
“Some policy makers may be getting tired of having to deal with job creation and unemployment,” EPI President Lawrence Mishel told lawmakers on July 22. “But it is surely true that American families are even more tired of having to endure extreme labor market distress with no real end in sight.” Read More
Mishel debates value of unemployment insurance
July 9, 2010
As millions of unemployed workers stand lose their unemployment insurance (UI) benefits due to Congress' failure to preserve an extension of benefits for the long-term unemployed, EPI President appeared on CNN to outline the fiscal benefits of investing in UI. Read More
Myths about the federal budget deficit
July 7, 2010
"Austerity will not produce growth, it will undercut it," says EPI founder and distinguished fellow Jeff Faux. Read More
Deficit reduction should take a back seat to job creation
June 30, 2010
EPI Research and Policy Director John Irons tells the President's deficit commission that major deficit reduction should not be on the table until the unemployment rate has dropped significantly and the economic recovery is firmly on track. Read More
Eisenbrey on C-SPAN
June 28, 2010
EPI Vice President Ross Eisenbrey outlines how the government plays a critical role in stimulating the economy and supporting workers who have been unable to find jobs. Read More
RSS
EPI In The News
- Debt ratios and growth The Economist — Jul. 28, 2010 Read it
- The job machine grinds to a halt Washington Post — Jul. 28, 2010 Read it
- More job and service cuts coming from strapped counties and cities, report says Washington Post — Jul. 28, 2010 Read it
- Tax cuts aren’t the be-all, end-all for economic growth MSNBC — Jul. 28, 2010 Read it
- Debt and growth, yet again New York Times — Jul. 28, 2010 Read it
- Woven together Chattanooga Times Free Press — Jul. 27, 2010 Read it
- Business, labor push back against White House NPR — Jul. 23, 2010 Read it
- Living wage laws don’t hurt employers Baltimore Sun — Jul. 22, 2010 Read it
- Unemployment rate confounds experts Philadelphia Inquirer — Jul. 22, 2010 Read it
- Jobless Benefits: It’s still the economy, stupid! MSNBC — Jul. 19, 2010 Read it
- After training, still struggling for employment New York Times — Jul. 19, 2010 Read it
- Jobs and consumer confidence slump while corporate profits grow Kansas City Star — Jul. 16, 2010 Read it
- Corporations are loaded OMB Watch — Jul. 15, 2010 Read it
- America becomes a little more like Paris Huffington Post — Jul. 15, 2010 Read it
- Why isn’t economic recovery reaching Americans CBS News — Jul. 15, 2010 Read it
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Another consequence of the recession: Rising federal budget deficits
Just as the deficit grows when people lose their jobs and have their hours cut back, it will decrease when an improved economy puts people back to work. Read More
EPI applauds Senate passage of unemployment insurance extension
July 20, 4:27pm
The unemployment insurance extension the Senate passed today will help millions of deserving Americans survive an economic calamity. It will also generate 257,000 payroll jobs or 382,000 full-time equivalents, when all the additional hours of work are included.
This bill is a bargain. Thanks to the higher revenues government will receive because of increased economic activity, the true cost of the bill will be only $13.5 billion, about $35,000 per full-time equivalent job created or saved. –Ross Eisenbrey
Quick Takes archive
- Are New Jersey Public Employees Overpaid?
- News from EPI: Analysis finds claims of a debt threshold for the US economy are ill-founded
- Government Debt and Economic Growth
- News from EPI: Monetary Policy and the State of the Economy
- News from EPI: Another consequence of the recession - rising federal budget deficits
The State of Working America
A comprehensive look at the U.S. labor market and trends in income and employment levels, wages, poverty and healthcare coverage for American families
Economic Analysis and Research Network
Improving workers' lives through state and local research and advocacy
The Broader, Bolder Approach to Education
Policies to overcome the link between social and economic status and achievement
