Lawrence Mishel
President
Areas of expertise
Education • Labor markets • Income distribution and poverty • Industrial relations • Technology and productivity • Wages • Unions and collective bargaining
Biography
Lawrence Mishel, a nationally-recognized economist, is President of the Economic Policy Institute, a role he assumed in 2002. Dr. Mishel first joined EPI in 1987 as Research Director. In the more than two decades he has been with EPI, Dr. Mishel has helped build it into the nation’s premier research organization focused on U.S. living standards and labor markets.
Dr. Mishel has co-authored 11 editions of The State of Working America, a book which former U.S. Labor Secretary Robert Reich says “remains unrivaled as the most-trusted source for a comprehensive understanding of how working Americans and their families are faring in today’s economy.” The State of Working America has been an invaluable resource in newsrooms, classrooms, and halls of power since 1988.
Dr. Mishel’s primary research interests include labor markets and education. He has written extensively on wage and job quality trends in the United States. He co-edited a research volume on emerging labor market institutions for the National Bureau of Economic Research. His 1988 research on manufacturing data led the U.S. Commerce Department to revise the way it measures U.S. manufacturing output. This new measure helped accurately document the long decline in U.S. manufacturing, a trend which is now widely understood.
Dr. Mishel leads EPI’s education research program. He has written extensively on charter schools, teacher pay and high school graduation rates. His research with Joydeep Roy has shown that high school graduation rates are significantly higher than the rates that are often cited by education analysts. This work has enabled policymakers to more accurately assess the state of public education in the United States.
Dr. Mishel has testified before Congress on the importance of promoting policies that reduce inequality, improve the lives of American workers and their families, and strengthen the middle class. He also serves frequently as a commentator in the print, broadcast, and online media.
Prior to joining EPI, Dr. Mishel held a number of research roles, including a fellowship at the U.S. Department of Labor. He also served as a faculty member at Cornell University’s School of Industrial and Labor Relations. Dr. Mishel holds a Ph.D. in economics from the University of Wisconsin at Madison. Originally from Philadelphia, he lives with his wife and two dogs in Washington, D.C.
Education
Ph.D. Economics, University of Wisconsin
M.A. Economics, American University
B.S. Pennsylvania State University
Publications by Lawrence Mishel
Blog
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April 2, 2013 | Why the 400,000 new ‘low-skilled’ work visas business wants is a ridiculously high number
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April 2, 2013 | Why the W-Visa agreement should be welcomed
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March 28, 2013 | Working as designed: high profits and stagnant wages
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March 21, 2013 | David Brooks is wrong on the CPC’s Back to Work budget
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March 20, 2013 | To chain or not to chain
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Jan. 15, 2013 | Occupation employment trends and wage inequality: What the long view tells us
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Jan. 14, 2013 | Missing in action: Growth and shared prosperity
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Jan. 14, 2013 | Timing matters: Can job polarization explain wage trends?
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Jan. 2, 2013 | Let’s be straight on ‘investing in our middle class’
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Dec. 18, 2012 | The unkindest cut
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Oct. 10, 2012 | Real hourly wage growth: The last generation
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Oct. 10, 2012 | Digging deeper into the BLS data: It was the ‘job creators’ and those in ‘real America’ that led to the job growth
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Oct. 5, 2012 | The outrageous attack on BLS
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Sept. 14, 2012 | Items I wish the education pundits would read
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Sept. 13, 2012 | Lessons for Chicago: It takes a cake, and the truly disadvantaged need extra frosting
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Aug. 22, 2012 | What does health care have to do with the wage slowdown? Not much
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Aug. 17, 2012 | In what way is a college degree valuable in a recession?
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Aug. 6, 2012 | Investment, employment trends belie claims that regulation and ‘too much government’ impede recovery
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July 20, 2012 | Confirming the further redistribution of wealth upward
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June 25, 2012 | Apple’s shine is fading
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June 5, 2012 | Adding to Joe Nocera’s piece: A revival of the labor movement is necessary to preserve our democracy
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May 29, 2012 | Conservatives say CEO compensation levels are fine now that it takes 10 hours to earn a typical worker’s annual compensation
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May 2, 2012 | It’s executives and the finance sector causing surging 1% income growth!
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April 26, 2012 | Understanding the wedge between productivity and median compensation growth
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April 11, 2012 | Robert Lawrence misleads the New York Times on manufacturing
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March 29, 2012 | Harkin bill would revive the American Dream
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March 28, 2012 | Congressional Progressive Caucus’ Budget for All addresses our national priorities
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March 9, 2012 | Are Liberal Arts majors dragging college grads down?
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March 6, 2012 | The top 1% recoups lost ground
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Feb. 17, 2012 | Unemployment of 8.3% is unacceptably high, no matter when and for whom
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Feb. 14, 2012 | Working spouses cause inequality? Can this emerging zombie lie be killed?
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Feb. 14, 2012 | David Brooks’ bad example
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Feb. 13, 2012 | No, NYT, there’s been no expansion of government benefits, no ‘entitlement society’
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Feb. 9, 2012 | Myths of structural unemployment: The construction dimension
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Feb. 8, 2012 | ‘Nonsense fact’ about union workers used in Super Bowl ad
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Feb. 3, 2012 | On Brooks’ muddled defense of the top 1%
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Feb. 2, 2012 | On Wilson’s muddled defense of the top 1%
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Jan. 24, 2012 | Obama’s State of the Union speech sends the right signals
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Jan. 12, 2012 | False signals on the need for college graduates
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Dec. 14, 2011 | The financial crisis didn’t, and won’t, fix inequality
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Dec. 13, 2011 | On fairy tales about inequality
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Dec. 8, 2011 | Snapshot: Why the drop in the unemployment rate isn’t what you think
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Dec. 2, 2011 | Why falling unemployment may not be making voters happy
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Dec. 1, 2011 | Stop digging us into an ever deeper hole! Or, how not to argue for the payroll tax holiday
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Nov. 23, 2011 | Garbage in, garbage out at Heritage and AEI?
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Nov. 10, 2011 | Fiscal responsibility demands addressing the economic crisis at hand, not the imaginary one
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Oct. 12, 2011 | Clive, don’t change the subject
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Sept. 30, 2011 | Really, that’s all you got?
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Sept. 27, 2011 | Regulatory uncertainty not to blame for our jobs problem
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Sept. 21, 2011 | Snapshot: Disturbing trends in median wealth of households
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Sept. 19, 2011 | Inequality and income losses in the recession: It’s all about lost work
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Sept. 8, 2011 | How effective is President Obama’s jobs plan?
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Sept. 8, 2011 | How to assess a jobs plan
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Sept. 8, 2011 | Please don’t do it on the employer side of the payroll tax
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Sept. 7, 2011 | Blue Chips falling on my head, ouch!
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Sept. 6, 2011 | Welcome to ‘Working Economics’
Report
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Feb. 21, 2013 | Declining value of the federal minimum wage is a major factor driving inequality
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Jan. 30, 2013 | Vast majority of wage earners are working harder, and for not much more: Trends in U.S. work hours and wages over 1979–2007
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Jan. 23, 2013 | Earnings of the top 1.0 percent rebound strongly in the recovery
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Jan. 11, 2013 | Assessing the job polarization explanation of growing wage inequality
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Nov. 14, 2012 | Labor market will lose 400,000 jobs in 2013 if UI extensions expire
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Sept. 25, 2012 | The decline of collective bargaining and the erosion of middle-class incomes in Michigan
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Aug. 29, 2012 | Unions, inequality, and faltering middle-class wages
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May 2, 2012 | CEO pay and the top 1%: How executive compensation and financial-sector pay have fueled income inequality
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May 2, 2012 | Methodology for measuring CEO compensation and the ratio of CEO-to-worker compensation
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April 26, 2012 | The wedges between productivity and median compensation growth
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March 7, 2012 | Entry-level workers’ wages fell in lost decade
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Nov. 4, 2011 | Labor market will lose over half a million jobs if UI extensions expire in 2012
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Oct. 26, 2011 | Occupy Wall Streeters are right about skewed economic rewards in the United States
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Sept. 27, 2011 | Regulatory uncertainty: A phony explanation for our jobs problem
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Sept. 2, 2011 | Putting America back to work: Policies for job creation and stronger economic growth
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Aug. 31, 2011 | Sustained, high joblessness causes lasting damage to wages, benefits, income, and wealth
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May 19, 2011 | We’re not broke nor will we be
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March 30, 2011 | The Teaching Penalty: An update through 2010
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March 15, 2011 | The sad but true story of wages in America
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Jan. 12, 2011 | Education is Not the Cure for High Unemployment or for Income Inequality
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Nov. 4, 2010 | A Good Deal for All
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Sept. 22, 2010 | Reasons for Skepticism About Structural Unemployment
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Aug. 31, 2010 | Recession hits workers’ paychecks
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Aug. 6, 2010 | Social Security and the Federal Deficit: Not cause and effect
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July 15, 2010 | Two for the Price of One
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Jan. 6, 2010 | Employer Health Costs Do Not Drive Wage Trends
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Oct. 20, 2009 | Generating jobs for a robust recovery
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Sept. 4, 2009 | The recession’s hidden costs: Workers lucky enough to keep their jobs still feel the pain in their paycheck
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July 21, 2009 | The job isn’t done: More jobs and family supports needed
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Jan. 13, 2009 | Without adequate public spending, a catastrophic recession for some
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Sept. 29, 2008 | Bailout plan must help the middle class and grow the economy
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April 3, 2008 | Reading the vital signs in the jobs report
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Jan. 11, 2008 | Strategy for economic rebound: Smart stimulus to counteract the economic slowdown
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Aug. 30, 2007 | Economy’s Gains Fail to Reach Most Workers’ Paychecks
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Feb. 8, 2007 | Education and the inequality debate
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Oct. 23, 2006 | Did international trade lower less-skilled wages during the 1980s? Standard trade theory and evidence
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July 12, 2006 | Supervisor in name only: Union rights of eight million workers at stake in Labor Board ruling
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April 14, 2005 | Advantage None: Re-Examining Hoxby’s Finding of Charter School Benefits
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Oct. 20, 2004 | Less Cash in Their Pockets: Trends in Incomes, Wages, Taxes, and Health Spending of Middle-Income Fa
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July 27, 2004 | Assessing Job Quality: How Factcheck.org got it wrong
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Feb. 5, 2004 | Weak Recovery Claims New Victim: Workers’ Wages
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Aug. 26, 2003 | How unions help all workers
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Aug. 26, 2003 | Labor market left behind
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May 13, 2003 | Jobless recovery catches up with wages, stifles growth
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April 7, 2003 | EPI comparison of the Daschle and Bush economic stimulus plans
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April 7, 2003 | Generating jobs and growth: An economic stimulus plan for 2003
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Jan. 1, 2002 | It ain’t over till it’s really over: Slow growth will lead to rising unemployment in 2002 and high unemployment in 2003
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Aug. 1, 2001 | Right-to-Work Laws and Economic Development in Oklahoma
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May 15, 2001 | Changes in federal aid to state and local governments, as proposed in the Bush administration FY2002 budget
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May 1, 2001 | Changes in Federal Aid to State and Local Governments, as Proposed in the Bush Administration FY2002 Budget
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March 31, 2001 | Tax Cuts and Consequences: Bush Budget Plan Will Require Steep Reductions in Real Spending Over Next Decade
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Sept. 1, 2000 | Any way you cut it: Income inequality on the rise regardless of how it’s measured
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April 1, 2000 | A comparison of the proposed minimum wage and tax bills
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Feb. 1, 1999 | Wages Gain Ground: Workforce Benefits in 1998 From Tighter Labor Markets, Higher Minimum Wage
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Dec. 1, 1998 | Wage Inequality in the 1990s
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July 1, 1998 | Finally, Real Wage Gains: Lower Unemployment, Higher Minimum Wage Spur Recent Wage Growth
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Feb. 1, 1996 | Jump-Starting Wage Growth: The High Value of the Minimum Wage
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Sept. 11, 1995 | Recent Wage Trends
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July 1, 1995 | Cutting Wages by Cutting Welfare
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June 1, 1995 | Who Wins With a Higher Minimum Wage
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April 1, 1995 | Profits up, wages down: Worker losses yield big gains for business
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Nov. 1, 1993 | The Political Arithmetic of the NAFTA Vote
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Oct. 1, 1993 | Good Jobs at Good Wages
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Sept. 1, 1993 | The Joyless Recovery: Deteriorating Wages and Job Quality in the 1990s
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June 1, 1992 | The Myth of the Coming Labor Shortage in Rural Areas
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Jan. 1, 1992 | Declining Wages for High School and College Graduates
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June 1, 1990 | Shortchanging Education
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June 1, 1988 | Advance Notice of Plant Closings: Benefits Outweigh the Costs
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Jan. 1, 1988 | Better Jobs or Working Longer for Less
Economic snapshot
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March 28, 2013 | Economy built for profits not prosperity
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Oct. 3, 2012 | The 10-year decline in wages for most college graduates
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Sept. 19, 2012 | Women much more likely to earn poverty-level wages
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Aug. 15, 2012 | Executive compensation tax deductions cost Treasury $30.4 billion over 2007-10
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Aug. 8, 2012 | Government regulation isn’t impeding the recovery
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May 3, 2012 | CEO pay 231 times greater than the average worker
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Feb. 8, 2012 | What does construction have to do with it?
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Dec. 8, 2011 | Unemployment is down over last two years because the labor force shrank, not because of greater employment
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Oct. 19, 2011 | Data on income gains support 99ers’ gripes
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Sept. 28, 2011 | White-collar unemployment double its pre-recession level for almost 2.5 years
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Sept. 21, 2011 | Trends in median wealth by race
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Sept. 15, 2011 | Huge disparity in share of total wealth gain since 1983
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Sept. 8, 2011 | Share of children with at least one unemployed or underemployed parent
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May 25, 2011 | We Aren’t Going Broke
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March 17, 2011 | What workers gave, and what they got
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March 9, 2011 | Public and private sector compensation both stagnate as productivity rises
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Sept. 27, 2010 | Bill Clinton gets it wrong
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Sept. 15, 2010 | Steep rise in unemployment hurts children too
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Sept. 8, 2010 | Top group takes large slice of income growth
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July 14, 2010 | Corporate profits have recovered, but job market still depressed
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June 24, 2010 | Another day, one less dollar
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March 3, 2010 | Where has all the income gone? Look up.
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Sept. 2, 2009 | This Labor Day, wage erosion continues to hurt employed workers
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June 18, 2008 | Income inequality continues staggering 25-year growth trend
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May 13, 2008 | Inhospitable Job Market to Greet College Graduates
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March 5, 2008 | Teacher pay disadvantage soars
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Dec. 19, 2007 | Future jobs much like current jobs
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Sept. 27, 2007 | When wage rates grow unequally
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July 31, 2007 | Who’s Grabbing All the New Pie?
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March 28, 2007 | Recent income gains went to those with highest income
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Aug. 15, 2006 | Employers shift health insurance costs onto workers
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June 26, 2006 | CEO-Minimum Wage Ratio Soars
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June 21, 2006 | CEO-to-worker pay imbalance grows
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Feb. 21, 2006 | Earnings premium for skilled workers down sharply in recent years
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Aug. 25, 2004 | Teacher pay falls behind that of other workers over last ten years
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July 21, 2004 | Jobs in the future: No boom in the need for college graduates
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June 9, 2004 | Job prospects dim for new high school graduates
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March 7, 2003 | Current job losses worse than in past recessions
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July 31, 2002 | CEOs make in a day what average worker does in a year
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Feb. 20, 2002 | Business sector declines mean longer recession
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Oct. 24, 2001 | Employment trend will go from bad to worse
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Oct. 3, 2001 | Imbalances in income growth
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Sept. 6, 2000 | Not your father’s pension plan
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Sept. 6, 2000 | The truth about taxes
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April 5, 2000 | Growing inequality between middle- and high-wage workers
Economic Indicators
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July 12, 2011 | Job seekers ratio continues 29-month rut
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June 8, 2010 | Unemployed workers outnumbered job openings five-to-one in April
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Feb. 9, 2010 | Number of job seekers per job opening remains high in December
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Sept. 1, 2009 | Long-term unemployment soars
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Aug. 12, 2009 | Nearly six unemployed workers per job but ratio does not worsen
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Aug. 3, 2009 | The steep rise in unemployment continues
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June 16, 2009 | Highest unemployment rate since 1983
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June 3, 2009 | The Wage Implosion
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June 2, 2009 | The worst downturn since the Great Depression
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May 7, 2009 | Seven million jobs needed to return to pre-recession employment levels
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Aug. 31, 2005 | Income Picture: August 31, 2005
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Sept. 30, 1999 | Strong income growth, falling poverty rates in ‘98, yet inequality unchanged
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July 2, 1999 | Jobs Picture, July 2, 1999
Testimony
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July 22, 2010 | Monetary Policy and the State of the Economy
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June 10, 2010 | Policy responses to long-term unemployment
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Feb. 23, 2010 | Mishel testifies before Congress on the jobs crisis
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Oct. 8, 2009 | The safety net and the recession
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Jan. 15, 2008 | Testimony Before the Joint Economic Committee Hearing on ‘What Should the Federal Government Do to Avoid a Recession?’
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March 26, 2007 | The right to organize, freedom, and the middle class squeeze (testimony)
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Feb. 15, 2007 | Testimony before the Labor-HHS Education Subcommittee, Appropriations Committee, U.S. House of Representatives
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Jan. 29, 2007 | Globalization that works for working Americans
Book
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Sept. 1, 2008 | The State of Working America 2008/2009
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March 5, 2008 | The Teaching Penalty: Teacher Pay Losing Ground
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Dec. 4, 2006 | Talking Past Each Other: What Everyday Americans Really Think(and Elites Don’t Get)About the Economy
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Aug. 28, 2006 | The State of Working America 2006/2007
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May 16, 2006 | Unions and Economic Competitiveness
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April 19, 2006 | Rethinking high school graduation rates and trends
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April 4, 2005 | The Charter School Dust-Up: Examining the evidence on enrollment and achievement
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Sept. 2, 2004 | The State of Working America 2004-05
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Aug. 24, 2004 | How Does Teacher Pay Compare? Methodological Challenges and Answers
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Sept. 2, 2002 | The State of Working America 2002-03
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June 1, 2002 | The Class Size Debate
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Sept. 1, 2000 | The State of Working America 2000-01
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Dec. 31, 1999 | Pulling Apart: A State-by-State Analysis of Income Trends (2000)
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Jan. 1, 1999 | The State of Working America 1998-99
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June 1, 1997 | The Prosperity Gap
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Jan. 1, 1997 | The State of Working America 1996-97
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Jan. 1, 1995 | Beware the U.S. Model: Jobs and Wages in a Deregulated Economy
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Sept. 1, 1994 | The State of Working America 1994-95
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Sept. 1, 1992 | The State of Working America 1992-93
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June 1, 1991 | The Myth of the Coming Labor Shortage
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Sept. 1, 1990 | The State of Working America 1990-91
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Sept. 5, 1988 | The State of Working America 1988-89
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May 31, 1988 | Manufacturing Numbers: How Inaccurate Statistics Conceal U.S. Industrial Decline

Commentary
Sept. 25, 2012 | The compensation question: Are public school teachers underpaid?
July 13, 2012 | Generate jobs now
March 5, 2012 | College is not always the answer
Aug. 12, 2011 | America, you are being told to tough it out
March 1, 2011 | Letter: Cutting investments from the federal budget will undermine the strength of America’s economy
Feb. 16, 2011 | Death of the Celtic Tiger: A Cautionary Irish Tale
Feb. 8, 2011 | The Overselling of Education
Dec. 6, 2010 | The Deal: Republicans Got to Comfort the Rich, Obama Got to Help the Rest and Create Jobs
Oct. 12, 2010 | Obama inherited a burning apartment building: Mishel on the stimulus debate
Sept. 22, 2010 | Debunking the claim of structural unemployment
Aug. 13, 2010 | Washington Post gets it wrong on Social Security
July 23, 2010 | Filling a “huge jobs hole”
July 9, 2010 | Mishel debates value of unemployment insurance
April 28, 2010 | Perspective on the budget deficit
April 26, 2010 | Mishel weighs in on fiscal responsibility and priorities
Feb. 25, 2010 | Address jobs now, deficits later
Feb. 23, 2010 | Mishel testifies before Congress on the jobs crisis
Feb. 17, 2010 | The Recovery Act one year later
Feb. 12, 2010 | Senate bill no match for scale of jobs crisis
Jan. 27, 2010 | Spending freeze could spell disaster
Nov. 12, 2009 | EPI applauds White House summit on jobs
Nov. 6, 2009 | Mishel on double-digit unemployment
Nov. 5, 2009 | Mishel weighs in on White House Middle Class Task Force
Oct. 26, 2009 | In praise of reining in runaway pay
Sept. 1, 2009 | Why the public option should not be negotiable in health care reform
July 10, 2009 | Tax cuts won’t create jobs
Feb. 28, 2009 | Corporate group tries, fails to discredit economic argument
Feb. 12, 2009 | EPI statement on economic recovery package
Jan. 29, 2009 | Time to rescind wasteful business tax cuts from stimulus
Jan. 28, 2009 | Union membership grows despite difficult economy
Jan. 10, 2009 | Tax cut approach has already been tried and failed as stimulus
Jan. 8, 2009 | Call for urgent action is justified by economic trends
Nov. 5, 2008 | New Day for U.S. Economic Policy
June 4, 2008 | Education Week’s graduation rate estimates are ‘‘exceedingly inaccurate,’’ experts say
April 30, 2008 | The teaching penalty—We can’t recruit and retain excellent educators on the cheap
April 18, 2008 | Report distorted the debate
March 11, 2008 | Escape from Recession: What you should know about the economic stimulus package
Jan. 24, 2008 | Statement by EPI President Lawrence Mishel on stimulus deal reached by White House and Congress
Jan. 15, 2008 | Testimony Before the Joint Economic Committee Hearing on ‘What Should the Federal Government Do to Avoid a Recession?’
Nov. 14, 2007 | The Characteristics of Offshorable Jobs
Oct. 1, 2007 | Schools as Scapegoats
June 25, 2007 | Americans’ Ambivalence about the Economy: Beyond Rose’s Rosy Scenario
May 31, 2007 | Response to Marc Tucker
March 26, 2007 | The right to organize, freedom, and the middle class squeeze (testimony)
Feb. 15, 2007 | Testimony before the Labor-HHS Education Subcommittee, Appropriations Committee, U.S. House of Representatives
Feb. 5, 2007 | Jay Greene’s persistent misuse of data for teacher pay comparisons
Jan. 29, 2007 | Globalization that works for working Americans
Jan. 3, 2007 | Keep it Clean: There’s no good reason to lard the coming minimum wage bill with extraneous new tax cuts.
March 8, 2006 | The exaggerated dropout crisis
Dec. 12, 2005 | Union declines hurt all workers
Oct. 4, 2005 | Alternative is no solution—On average, charter students don’t do better than public counterparts
May 15, 2005 | Lifting cap on Social Security taxes would rescue retirement program
Jan. 16, 2005 | Do charter schools cut it? No
May 19, 2004 | Unfettered Markets, Income Inequality and Religious Values
Jan. 16, 2004 | A tale of two economies
May 4, 2003 | Reducing taxes will cost jobs and bloat deficit—Democratic short-term stimulus package would work
April 27, 2003 | The Economy, the War and Choosing Our Future
March 4, 2002 | New Paradigm or Old Fashion?
Sept. 11, 1995 | Trends in the Low-Wage Labor Market and Welfare Reform: The Constraints on Making Work Pay