By Area of Research:
May 21, 2015 | EventsThis panel explores the relationship between immigration status and wages. A number of employer associations and legislators have proposed the expansion of U.S.
May 21, 2015 | By Lauren A. Apgar | Briefing PaperIf temporary foreign worker programs are to be a viable alternative to unauthorized immigration, temporary work visas must appeal to potential unauthorized immigrants and must reduce the risk of abuse that workers in these programs encounter. Currently, visa restrictions tying temporary foreign workers to a single employer undermine the economic opportunities available to these workers.
May 21, 2015 | LetterTell the Department of Labor that you support updating America's outdated overtime policy. Join with noted economists and a former Secretary of Labor by adding your name below.
May 20, 2015 | By Alyssa Davis | BlogWhen assigning blame for our nation’s persistent poverty problem, many policymakers tend to focus on underlying demographics or behavior of the poor—factors like racial background or the rise of single parent households, instead of the stark economic reality the poorest Americans have to contend with.
May 20, 2015 | EventsOn Wednesday, May 20 at 3 p.m. ET, the Economic Policy Institute and the International Labour Organization invite you to a presentation and discussion on the book, “Labour Markets, Institutions and Inequality: Building just societies in the 21st century”.
May 20, 2015 | EventsOn Wednesday, May 20th, at 11:00 a.m. ET, the Economic Policy Institute will welcome Representative Keith Ellison (D-Minn.) and Center For Community Change Executive Director Deepak Bhargava for a discussion of the connection between raising wages and reducing poverty.
May 19, 2015 | By Elise Gould | Economic snapshotDespite what some policymakers and pundits might have us believe, a significant share of the poor work. This means that policies that boost employment and wages are important and underappreciated tools for reducing poverty.
A Budget Informed by the Past, Present, and Future of the Economy: Josh Bivens at the Peterson Fiscal Summit
May 19, 2015 | By Josh Bivens | VideoEPI Research and Policy Director Josh Bivens talks about creating a budget based on lessons of inequality in the past, recovery in the present, and priorities for the future.
May 18, 2015 | By Josh Bivens | BlogThe New York Times’ Binyamin Appelbaum wrote an excellent piece yesterday on the costs and benefits of globalization. But because I’ve thought a lot about this topic, I have some hobby-horse issues concerning how economists characterize how large the gains from trade are and how its gains and losses are distributed.
May 18, 2015 | By Ross Eisenbrey | BlogThe common wisdom on Capitol Hill, carefully nurtured by corporate lobbyists and campaign cash, is that America needs more high-tech guestworkers, requiring a big increase in the number of H-1B guestworker visas made available each year.
Growing Consensus that Labor Market Slack Remains: The Fed Should Stay the Course and Wait to Increase Rates Until the Weakness Has Lessened Substantially
May 15, 2015 | By Elise Gould | BlogNominal wage growth’s failure to significantly increase over the last several months (and years) is evidence enough that there’s sufficient labor market slack to convince the Federal Reserve to keep its foot off the economic brakes and not increase short-term interest rates.
May 15, 2015 | By Josh Bivens | BlogAs Jeff Faux notes, we seem to have reached the part of the debate over the TPP when facts and evidence have largely given way to table-pounding.
May 13, 2015 | By Lawrence Mishel | Economic snapshotThe current robot story is that employers are increasingly using machinery, computers or software instead of workers. Perhaps surprisingly to some, the data on investments and productivity cast doubt on any accelerated robot activity: the growth of labor productivity, capital investment and, particularly, investment in information equipment and software has strongly decelerated in the 2000s.
May 13, 2015 | EventsAre working women “leaning in” or are we still working toward basic rights at work? In 2015, most women do not have high wages, paid leave, affordable child care, or equal pay.
May 13, 2015 | By David Cooper | BlogAn eye-opening story published last week by the New York Times revealed how manicurists in New York’s booming nail salon industry are subject to brazen exploitation.
May 13, 2015 | By Ross Eisenbrey | VideoEPI vice president Ross Eisenbrey joined C-Span’s “Washington Journal” to discuss inner-city poverty and “white flight” to the suburbs, as well as issues such as new overtime rules and raising the minimum wage.
May 12, 2015 | By Elise Gould | BlogThis morning’s Job Openings and Labor Turnover Survey (JOLTS) report rounds out the employment situation for March. Last week, we saw substantial downward revisions to payroll employment, revisions that exposed one of the slowest job gains in recent years.
May 12, 2015 | By Robert E. Scott | Policy MemoIt would be unconscionable for the administration to negotiate, or for Congress to approve, a trade agreement that does not include strong and enforceable tools to end currency manipulation.
May 11, 2015 | By Jeff Faux | BlogThis post originally appeared on The Huffington Post. Barack Obama’s petulant criticism last Friday of Democrats who do not support his proposed Trans-Pacific Partnership reminds me of the old tongue-in-cheek advice to young lawyers: “If the facts are on your side, pound the facts.
May 8, 2015 | By Valerie Wilson | BlogIn January of this year, I projected that the black unemployment rate would reach single digits by mid-2015. That happened this month as job growth of 223,000 in April was more in line with the monthly average in 2014.
May 8, 2015 | By Josh Bivens | BlogRecent debates over the Trans-Pacific Partnership (TPP) have highlighted the failure of the treaty to include a provision to stop countries from actively weakening the value of their own currency in order to run trade surpluses.
May 8, 2015 | By Josh Bivens | BlogRecent weeks have seen a raft of pretty bad economic news. Last month’s jobs report showed a marked slowdown in employment growth—with 126,000 new jobs reported in March, down from the 269,000 average pace of growth that had characterized the previous 12 months. And gross domestic product in the first quarter was essentially stagnant—rising at just a 0.2 percent annualized rate. March trade data showed an enormous rise in the trade deficit, which will likely drive the revised numbers on GDP into negative territory. Given this backdrop, there was a bit more at stake than usual in today’s monthly jobs report. So, what’s the verdict? Mixed.
May 8, 2015 | By Josh Bivens | Economic IndicatorsToday’s employment report shows that the economy added 223,000 jobs in April while unemployment ticked down slightly. This provides some evidence that the fundamental pace of the recovery has likely not significantly slowed since the end of 2014—but this is no cause for celebration.
May 7, 2015 | By Ross Eisenbrey | BlogWhile policy makers in Washington are at least paying lip service to the need to lift the stagnant wages of America’s middle class, politicians in state capitals across the country are cutting the wages and benefits of public employees and school teachers, passing so-called “right-to-work” laws to weaken unions, and cutting back on unemployment insurance with the aim of forcing jobless workers to take any job, no matter how poor.
What to Watch on Jobs Day: Looking for a Pickup in Job Growth, Signs of Wage Growth, and a Glimpse at the Future for the Graduating Class of 2015
May 6, 2015 | By Elise Gould | BlogWhen the latest jobs report comes out this Friday, we’ll be watching to see if the recent slowdown in job creation is just a blip or if it's a new trend.