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April 7, 2017 | By Elise Gould | Economic IndicatorsToday’s report from the Bureau of Labor Statistics shows the economy added 98,000 jobs in March. While this is considerably lower than the past few months, this is likely due in part to seasonal adjustments not capturing the early March winter storms and a mild pullback after February’s strength and unusually mild weather, and it is just enough to keep up with working-age population growth.
What to Watch on Jobs Day: The Fed should keep their foot off the brake and let the economy reach genuine full employment
April 6, 2017 | By Elise Gould | Economic IndicatorsAs we eagerly await the March employment numbers from the Bureau of Labor Statistics, I’m going to take a few minutes to set the context from the last month and reiterate why it’s so important to let the economy get to full employment.
March 15, 2017 | By Elise Gould | Economic SnapshotIn 2016, wages for low-wage workers rose faster in states that increased their minimum wage than in states that saw no minimum wage increase.
March 14, 2017 | By Elise Gould | BlogYesterday, the Congressional Budget Office released its analysis of the American Health Care Act. The bottom line is that the number of uninsured Americans will grow by 24 million by the year 2026 if it is passed.
March 10, 2017 | By Elise Gould | BlogIt’s important to keep this steady improvement in mind as we assess economic progress moving forward. No policymaker should be allowed to claim credit for improvements that are simply a continuation of a trend.
March 10, 2017 | By Elise Gould | Economic IndicatorsToday’s jobs report, which showed the economy adding 235,000 jobs in February, is notable for being the first BLS report of the Trump administration.
March 9, 2017 | By Elise Gould | Economic IndicatorsNo policymaker should be allowed to claim credit for improvements that are simply a continuation of a trend. Conversely, failure to deliver still lower unemployment in the coming years should be seen as a policy mistake
The State of American Wages 2016: Lower unemployment finally helps working people make up some lost ground on wages
March 9, 2017 | By Elise Gould | ReportRising wage inequality has been a defining feature of the American economy for nearly four decades. In 2016, with an improving economy, most workers at all income and educational levels finally began to see an increase in wages. But large gaps in equality by gender, race, and wage level remain, and some of these gaps are increasing.
February 3, 2017 | By Elise Gould | Jobs PictureThe Bureau of Labor Statistics announced today that the economy added 227,000 jobs in January, capping off more than six years of steady job growth under President Obama.
February 1, 2017 | By Elise Gould | Economic IndicatorsBy all measures, the labor market is on the road to (but not yet arrived at) full employment. Further, the economy the Trump administration has inherited shows no obvious risks like a wildly overvalued stock or housing market, as such there’s no particular reason to expect it to be thrown off track.
January 27, 2017 | By Elise Gould | BlogWhile there is no silver bullet to end gender and racial pay disparities, ensuring that workers can use the legal system to receive equal pay for equal work is crucial.
January 26, 2017 | By Elise Gould | BlogYesterday, I had the opportunity to present some key facts on 1A, a new NPR news program, about the state of black America. Drawing heavily upon research by my colleague Valerie Wilson and her co-author William Rodgers III, I reported on the economy for black workers and the overall disparities that remain, and, in some cases, continue to worsen. Since that hour went by fast (and you might have missed it), I want to reiterate some of those points briefly here.
January 25, 2017 | By Elise Gould | VideoEPI economist Elise Gould appeared on WAMU’s 1A where she discussed the financial, political, and cultural changes black Americans have experienced in recent years.
January 19, 2017 | By Elise Gould | BlogAs thousands of women gather on the National Mall to advocate for women’s rights, here’s one issue that policymakers can address: wage growth.
January 17, 2017 | By Elise Gould | BlogDue to an executive order by President Obama, all federal contractors with new contracts (or renewals) after January 1, 2017 are required to provide paid sick leave to theirs employees.
January 6, 2017 | By Elise Gould | Economic IndicatorsToday’s jobs report gives us an opportunity to compare how the economy is treating Americans today compared with December 2007, when the recession began.
January 6, 2017 | By Elise Gould | Economic IndicatorsThis morning’s jobs report shows that the economy added 156,000 jobs in December 2016. The December report lets us look at 2016 as a whole.
January 5, 2017 | By Elise Gould | Economic IndicatorsIt remains to be seen what, if anything, President-elect Trump will do to strengthen the economy for working people. On net, it could go either way. But all measures, the next president is inheriting an economy far stronger than the last and one that, if left alone, will continue to heal.
January 4, 2017 | By Elise Gould | BlogThere are multiple scenarios for the unemployment rate over the next year as the labor market operates under incoming President Donald Trump. Here’s a look at three crucial factors in determining the outcome.
December 2, 2016 | By Elise Gould | Economic IndicatorsPlease don’t be distracted by the drop in the unemployment rate today to 4.6 percent—which, incidentally, fell largely because of a drop in labor force participation.
December 2, 2016 | By Elise Gould | Economic IndicatorsToday’s jobs report shows that the economy continues to move in the right direction. Payroll employment increased by 178,000 jobs, and nominal wages grew 2.5 percent over the year.
What to Watch on Jobs Day: The economy is still moving towards full employment. The Fed should keep their foot off the brake so it can get there.
December 1, 2016 | By Elise Gould | Economic IndicatorsFriday is the last Jobs Report before the Federal Reserve’s final meeting of the year, when they decide whether to hold the course or raise rates.