By Area of Research:
African American Youth Experienced the Largest Boost in Summer Labor Force Participation and Employment
September 4, 2015 | By Valerie Wilson | BlogAs students head back to school this fall, today’s release of the August jobs numbers provides the first complete look at the summer job market for teens.
The Bottom Line of this Jobs Report: The Fed Should Hold the Line and Let the Economy Continue to Recover
September 4, 2015 | By Elise Gould | BlogThe official unemployment rate (the U3) is only one data point—one that doesn’t include workers who have left the labor force because of weak opportunities or workers who want to be working full-time but can only get part-time work.
September 4, 2015 | By Ross Eisenbrey | Commentary57 law professors, including some of the nation’s foremost experts on the Fair Labor Standards Act, submitted comments to the Department of Labor on its rulemaking concerning exemptions from the minimum wage and overtime pay requirement of the FLSA.
September 4, 2015 | By Josh Bivens | MultimediaEPI Research and Policy Director Josh Bivens spoke with the Wall Street Journal about why the Federal Reserve shouldn’t raise interest rates.
September 4, 2015 | By Elise Gould | Jobs PictureAs kids head back to school, the Bureau of Labor Statistics reported this morning that payroll employment increased by only 173,000 in August—lower than recent months, which were already showing slower growth than last year.
September 3, 2015 | By Susan Balding | BlogA few have asked whether or not Netflix’s paid parental leave policy will set a new standard in the American workplace. Unfortunately, the exclusion of its lower-paid workers from the policy already reflects a harsh reality facing U.S. workers: paid family leave is a rarity, and when it is offered, the recipients are much more likely to be high-wage earners.
September 3, 2015 | By Elise Gould | BlogUnfortunately, a serious look at the economy suggests slow growth, and not a hint of acceleration—making a rate hike terribly premature.
September 3, 2015 | By Richard Rothstein | MultimediaEPI research associate Richard Rothstein joined housing policy experts to discuss residential segregation and diversity in America’s cities at the 2015 National Fair Housing Training and Policy Conference held at the U.S.
September 1, 2015 | By Elise Gould | Economic snapshotAs Labor Day approaches, about a quarter (24 percent) of private sector workers will not be enjoying a paid day off on Monday. A similar number (23 percent) earn no paid vacation time.
September 1, 2015 | By Ross Eisenbrey | BlogLast week’s decision by the National Labor Relations Board regarding Browning-Ferris Industries of California (BFI) is a big victory for working people and labor advocates. By holding that BFI is a joint employer with the staffing agency that provides all but a few of the workers at one of BFI’s recycling centers, the decision closes one of the many loopholes corporations use to avoid paying decent wages, Social Security and Medicare taxes, worker’s compensation premiums and unemployment insurance taxes, and to avoid even providing a safe workplace.
August 28, 2015 | By Caleb Sneeringer | BlogMy name is Caleb Sneeringer, and I worked for Walgreens for six years. I was first hired in 2008 as an assistant manager, and in 2010 I was promoted to executive assistant manager—my first salaried position with Walgreens.
August 27, 2015 | By Ross Eisenbrey | BlogThe Obama administration’s decision to require fair pay and protection against excessive work hours for nearly two million (mostly female) caregivers who have struggled to earn enough to make ends meet was not a power grab—it was a caring Labor Department using the authority Congress gave it to protect some of the most vulnerable workers in the United States.
August 26, 2015 | By Josh Bivens | BlogRecent volatility in stock markets in the U.S. and globally has led many economic observers to conclude that the Federal Reserve is less likely to begin raising short-term interest rates at its September meetings. I’ve been on Team Don’t Raise for a while now, but I’m not excited about those joining the cause in light of recent stock market swings.
August 26, 2015 | By Richard Rothstein | MultimediaAppearing on NBC’s “Today,” EPI’s Richard Rothstein explained that parents need regular work schedules so their children can have regular bedtimes and mealtimes and be enrolled in regularly scheduled early childhood programs.
August 25, 2015 | Fact SheetLabor Day is a time to honor America’s workers and their contributions to the economy. Unfortunately, while the nation as a whole continues to recover from the Great Recession, the recovery remains incomplete; its benefits have not yet reached many Americans in important ways.
August 24, 2015 | By Josh Bivens | BlogThe stock market has taken a hit in the past few days, with concern over the Chinese economy driving a big selloff. How worried should we be? The short answer is: not very.
August 24, 2015 | EventsOn Monday, August 24 at 12pm EDT, workers, economists and experts from the Fed Up campaign will discuss the coalition’s upcoming visit to Jackson Hole, Wyo.
August 21, 2015 | By David Cooper | State Jobs PictureThe July State Employment and Unemployment report, released today by the Bureau of Labor Statistics, was remarkable only for its consistency: most states added jobs at the same decent pace that has become the norm over the past few years—strong enough to not cause alarm, but too weak to quickly drive down unemployment.
August 21, 2015 | By Michael Hancock | BlogPresident Obama recently announced a major overhaul of the rules governing the payment of overtime to salaried employees. These changes are long overdue and will finally align the overtime exemption for salaried employees with common sense and the original intention of the law—to ensure that all workers receive overtime protection except those with such high salaries or such substantial responsibilities that they don’t need the protections.
August 19, 2015 | By Josh Bivens | BlogCatherine Rampell wrote a piece having some fun with the bidding war among GOP candidates about how much they can promise to raise economic growth rates.
are directly responsible for the loss of 5 million U.S. manufacturing jobs.
August 17, 2015 | By Jeff Faux | BlogThis post originally appeared in The Huffington Post. After forty years of rising income and wealth inequality, some of America’s rich seem worried that maybe things have gone too far.
Congress Must Act to Save the 190,000 to 640,000 U.S. Jobs at Risk Due to Chinese Currency Devaluation
August 17, 2015 | By Robert E. Scott | BlogCongress should take advantage of the groundswell of bipartisan concern about the negative impacts of the devaluation of the yuan to pass new laws and resolutions.
August 14, 2015 | By Josh Bivens | BlogIn the Washington Post Fact Checker column today, Glenn Kessler got really exercised about Bernie Sanders’ totally accurate description of a Congressional Budget Office (CBO) report on job losses that will occur if spending caps in the Budget Control Act (BCA) are not loosened in coming years.
August 14, 2015 | By Monique Morrissey | BlogEighty years ago today, President Franklin D. Roosevelt signed the Social Security Act into law. Four and a half years later—after the German invasion of Poland but still two years before Pearl Harbor propelled the United States into war—65-year-old Ida May Fuller received the first Social Security check for $22.54. She would live to be 100 years old.