Senior Economist and Director of Health Policy Research
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February 11, 2016 | By Elise Gould | Audiohttp://www.epi.org/files/2016/radio-2016-01-19-elise-gould.mp3From time-to-time, EPI contributes segments for broadcast on Workers Independent News. In January 2016, EPI Communications Director Liz Rose interviewed senior economist Elise Gould.
February 9, 2016 | By Elise Gould | BlogThis morning’s Job Openings and Labor Turnover Survey report came in pretty much in line with other economic indicators that suggested a solid finish the 2015 labor market. Most notably, the hires and quits rates saw small upticks in December, a positive sign for an economy continuing to recovery.
February 5, 2016 | By Elise Gould | Jobs PictureAlthough payroll employment came in much lower than expected and lower than the strong finish to last year, today’s jobs report is a sign that the economy continues to recover.
February 4, 2016 | By Elise Gould | BlogWe’ve seen solid growth in employment over the past couple of years, and the unemployment rate has come down dramatically, but by any reasonable definition we are still not that close to genuine full employment. So, what is full employment?
January 26, 2016 | By Elise Gould | BlogThis Friday is the anniversary of the Lilly Ledbetter Fair Pay Act of 2009, a reminder that a significant pay gap still exists between men and women in the United States.
January 12, 2016 | By Elise Gould | BlogThe Job Openings and Labor Turnover Survey data released this morning provide further evidence that the economy is chugging along, but has a ways to go before the labor market is fully recovered. While my favorite indicators to watch on jobs day are nominal wage growth and the prime-age employment-to-population ratio, my favorite indicator on JOLTS day is the quits rate. There are three key lines in the graph below: the hires rate, the quits rate, and the layoffs rate.
An honest discussion of how to reduce poverty: strengthen the safety net and raise wages across the board
January 8, 2016 | By Elise Gould | BlogReal solutions should expand policies that have already been proven to work: strengthening the social safety net, making poverty programs better coordinated and more accessible to low income families, and improving job opportunities and wages across the board.Given his past comments, it seems hugely unlikely that Speaker Paul Ryan’s poverty forum will emphasize these priorities.
The labor market is still moving in the right direction, but has a ways to go before reaching full employment
January 8, 2016 | By Elise Gould | BlogThe top line numbers from this morning’s jobs report suggest that the economy is moving in the right direction, but we need to see a whole lot more movement before we reach full employment.
January 8, 2016 | By Elise Gould | Jobs PictureWith today’s jobs report closing out 2015 we can now look at last year in the context of the recovery as a whole.
January 7, 2016 | By Elise Gould | BlogWith the last jobs report for 2015 coming out tomorrow, let’s step back and put it in the context of the entire year—and of the recovery as a whole.
December 8, 2015 | By Elise Gould | BlogThe Job Openings and Labor Turnover Survey (JOLTS) report released today by the Bureau of Labor Statistics shows signs of a continued slow recovery. Job openings fell slightly to 5.4 million, and the quits rate remained, stubbornly, at 1.9 percent, where it has been for most of the last year. Along with last Friday’s jobs report, today’s report provides more evidence of a recovering but still weak economy.
December 4, 2015 | By Elise Gould | Jobs PictureThis morning’s jobs report from the Bureau of Labor Statistics showed that the economy added 211,000 jobs in November—a decent amount, but lower than October’s more solid report, which was revised substantially upward.
December 3, 2015 | By Elise Gould | BlogOn Friday, the Bureau of Labor Statistics will release the November numbers on the state of the labor market. On December 15, the Federal Open Market Committee will meet to determine whether they should raise interest rates, and most prognosticators think that this time they will actually go through with it.
Closing the pay gap and beyond: A brief explanation of the motivation behind EPI’s Women’s Economic Agenda
November 18, 2015 | By Elise Gould | BlogClosing the gender wage gap is absolutely essential to helping women achieve economic security. But to bring genuine economic success to American women and their families, we must do more. The gender wage gap is only one way the economy shortchanges women.
November 6, 2015 | By Elise Gould | BlogWhile the topline employment number for October is quite encouraging, other indicators continue to paint a picture of a plateaued economy, particularly the fact that there has been no growth in prime-age employment-to-population ratio (EPOP) this year.
November 6, 2015 | By Elise Gould | Economic IndicatorsThis morning’s BLS employment situation report shows the economy added 271,000 jobs in October and the unemployment rate fell slightly to 5.0 percent.
November 5, 2015 | By Elise Gould | BlogOn Friday, the Bureau of Labor Statistics will release the October numbers on the state of the labor market. As usual, I will be looking closely at nominal wage growth.
November 5, 2015 | By Elise Gould | Issue BriefDespite the crucial nature of their work, child care workers’ job quality does not seem to be valued in today’s economy. They are among the country’s lowest-paid workers, and seldom receive job-based benefits such as health insurance and pensions.
October 16, 2015 | By Elise Gould | BlogToday’s Job Openings and Labor Turnover Survey (JOLTS) report shows there has been little change in the labor market for America’s workers.
October 7, 2015 | By Elise Gould | Economic SnapshotWhen you compare the cost of child care to minimum wages across the nation, it becomes apparent just how difficult it is for families living off of a minimum-wage income to afford child care.
October 2, 2015 | By Elise Gould | BlogToday’s Bureau of Labor Statistics employment situation report showed the economy added a disappointing 142,000 jobs in September, bringing average monthly job creation to 198,000 in 2015—a rate slower than 2014.
September 30, 2015 | By Elise Gould | BlogOn Friday, the Bureau of Labor Statistics will release the September numbers on the state of the labor market. I will be watching for upward revisions to August’s employment numbers, which came in lower than expected.