In the battle over Senate Bill 5, proponents have pointed to various studies that claim to show a large disparity in pay between public sector workers and their private sector counterparts. One such study — a report (PDF) released in September by the Ohio Business Roundtable claiming that More…
A new report from the Economic Policy Institute calculates 2.8 million U.S. jobs have been lost to China since 2001, the year the country joined the World Trade Organization.
The following chart tells you everything you need to know about the United States’ trading relationship with China on green technology, an issue that you’ll be hearing about a lot during the next several months.
In light of last week’s dismal September jobs report, Heidi Shierholz, of the Economic Policy Institute, updates her estimates of how many jobs the United States needs to create to get back to where it was, employment-wise, when the recession started.
The labor market remains an
At the National Review, Reihan Salam, all-around smartypants, voices the conservative response to my post proposing that Congress should create more tax brackets. He argues that a new tax bracket for the very rich would do three bad things and therefore is not worth creating: it would increase More…
This summer, Social Security – the government program that provides a steady check for seniors – turned 75. In Washington, lawmakers celebrated its platinum anniversary not with champagne, but with a heated argument over whether to reform the costly entitlement program by slashing benefits or raising the retirement age. Indeed, More…
Billions of dollars of stimulus funds created in the $787 billion American Recovery and Reinvestment Act remain in state coffers, Alec MacGillis reports at The Washington Post. On the downside, that means funds have not yet boosted the economy; on the upside, the funds remain to help boost the More…
Private employers added just 1,420 jobs per state in July — not nearly enough to make up for job losses in the government, 50,000 of which were local-government layoffs. Unemployment remains high, at 9.5 percent, and many economists expect it to track higher in the fall. Calculated Risk More…
Companies are back to profitability — in part because of the massive layoffs of the past two years. But they are not back to hiring yet, instead holding onto cash and waiting for a stronger recovery, Jia Lynn Yang writes in today’s Washington Post:
Nonfinancial companies are sitting on
With unemployment in double digits and no relief in sight, swift passage of the Democrats’ “jobs agenda” — set to be unveiled today in the Senate — might seem like a sure thing.
Well, not quite.
Not only are Senate Republicans balking at early proposals to cover the More…
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