Senior Economist and Director of Health Policy Research
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May 4, 2016 | By Elise Gould | BlogOn Friday, I’ll be looking for signs of stronger nominal wage growth. As the labor market strengthens one expects upward pressure on wage growth. However, the last 6 months have seen rapid increases in workers returning to the labor force in search of jobs. This inflow could well further delay the date when durable wage acceleration begins.
April 5, 2016 | By Elise Gould | BlogThe best news in the data released in this morning’s Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics is that hires were up. Hopefully this is a new trend and not a short term blip in the data. We need job openings to keep translating into hires if we want to reach full employment.
April 1, 2016 | By Elise Gould | BlogFive top female U.S. soccer players made headlines for filing a case against U.S. Soccer for wage discrimination. While this case is high profile, the fact is that the gender pay gap exists across occupations and throughout the economy and that gaps between men’s and women’s pay can add up to a substantial amount over time.
April 1, 2016 | By Elise Gould | Jobs PictureThis morning’s employment situation report showed that the economy added 215,000 jobs in March, which is in line with expectations and in line with the trends of the past few months.
What to Watch on Jobs Day: Signs of more workers returning to the economy and increases in their wages
March 31, 2016 | By Elise Gould | BlogI’ll be looking at two particular trends tomorrow when the March Employment Situation report comes out. First, I’ll look at what’s happening with the labor force participation rate, along with the accompanying employment-to-population ratio and the unemployment rate. Second, I’ll continue to look at nominal wage growth, to measure the strength of the recovery’s impact on workers.
March 23, 2016 | By Elise Gould | Economic SnapshotIn 2015, wages for low-wage workers rose faster in states that increased their minimum wage than in states that saw no minimum wage increase.
March 17, 2016 | By Elise Gould | BlogThis morning’s Job Openings and Labor Turnover Survey (JOLTS) report has both some optimistic news about the economy and some rather disappointing news (and revisions to the entire historical series).
March 10, 2016 | By Elise Gould | BlogThe main story of 2015 wage trends is that they were very unequal—so much so that the fastest growth in wage inequality between men happened in 2015.
March 10, 2016 | By Elise Gould | Briefing PaperOverall, 2015 saw overall real wage gains driven by a dip in inflation. It also saw a pronounced increase in wage inequality.
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 18, 2016 | By Elise Gould | AudioEPI’s Elise Gould discussed prime-age employment-to-population ratio with CNBC Nightly Business Report.
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 7, 2015 | By Elise Gould | AudioEPI’s Elise Gould spoke with “Marketplace” about the decline of labor force participation among prime-age workers.
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.