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“An unfolding social catastrophe”EPI’s Spotlight on the Jobs Crisis highlights the widespread social and economic problems caused by several years of high unemployment and the need for more policy action to create jobs. |
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Double-digit unemploymentThe jobless rate rose sharply in October, surpassing 10% for the first time since 1983. |
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Mishel, Biden discuss middle class stugglesEPI co-hosted Vice President Joe Biden November 5 for a discussion of the economic challenges of America's middle class. EPI President Lawrence Mishel stressed that the middle class "has been struggling for decades." |
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Introducing EPI’s Economy TrackEPI's new Web site offers exclusive data on the recession and the jobs crisis, nationwide and state by state. |
November 19, 2009
A new paper looks at how the American Recovery and Reinvestment Act has helped state and local governments so far, and why much more is needed now to prevent large budget shortfalls and higher unemployment in the next few years.
November 12, 2009
America's people of color are less likely to have the sort of "good jobs" that pay decent wages and provide health care and retirement benefits.
November 10, 2009
A proposed new budget commission with fast-track powers could open the door to cutbacks in Social Security and other social insurance programs.
November 10, 2009
New data from the Bureau of Labor Statistics shows the ratio between job seekers and job openings improved slightly in September.
November 6, 2009
More historical context and demographic detail on the U.S. job market and October's 10.2% unemployment rate.
November 4, 2009
Research shows strong connection between racial segregation and high-risk lending.
October 30, 2009
A few important details of the legislation could determine the success -- or failure -- of the public insurance option, and reform in general.
October 29, 2009
A multitude of evidence makes clear that most of GDP's third quarter growth can be traced to the Recovery Act, and that the long-term health of the economy is going to depend on pushing forward—not pulling back—with even more stimulus measures.
November 19, 2009
In testimony to the House Committee on Oversight and Government Reform, EPI Research and Policy Director John Irons said the Recovery Act is creating and saving jobs. "The true impact of the Recovery Act," Irons said, "will be far greater than the sum total of recipient reports." Read More
November 17, 2009
EPI’s Spotlight on the Jobs Crisis highlights the widespread social and economic problems caused by several years of high unemployment and the need for more policy action to create jobs. Read More
November 16, 2009
A broad coalition including EPI, the AFL-CIO, Center for Community Change, Leadership Conference on Civil Rights, NAACP and National Council of La Raza issues a statement on the need for more policy action to create jobs. Read More
November 13, 2009
An examination of the three competing health reform bills finds the House bill has the most sensible employer mandate. Read More
November 12, 2009
EPI President Lawrence Mishel says the recently announced White House summit to address the jobs crisis is "necessary and welcome." Read More
November 6, 2009
Pace of job loss slows in October, but unemployment keeps rising. Read More
November 6, 2009
EPI President Lawrence Mishel says October's unemployment rate should send an alarm that more help is needed. Read More
November 5, 2009
During a recent discussion with Vice President Joe Biden about the economic challenges of the middle class, EPI President Lawrence Mishel explained how economic policies had left so many people squeezed. Read More
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Without additional aid states face more layoffs. Read More
November 6, 9:21am
Unemployment rose dramatically to 10.2% in October, the highest rate since March of 1983, and 190,000 payroll jobs were lost. This is in spite of the fact that the economy is now growing.
“The American Recovery and Reinvestment Act has stopped the free-fall, but the scale of economic decline has been so large that it has not been enough to prevent rising unemployment. Today’s unemployment numbers are a wake-up call. Our leaders need to authorize substantial additional spending for relief and job creation in order to prevent unemployment from remaining elevated for years to come,” said EPI economist Heidi Shierholz.
“Unemployment has now exceeded what some thought would be the peak. With such a huge fire we need every hose we can find to put it out,” said EPI’s president Lawrence Mishel.
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