- Category: Round Up of News From the Web
There is now widespread agreement across the political spectrum that wage stagnation is the country’s key economic challenge. As EPI has documented for nearly three decades, wages for the vast majority of American workers have stagnated or declined since 1979 (Bivens et al. 2014). This is despite real GDP...
As a broad attack on unions continues, with Republican politicians leading efforts to eliminate unions or weaken them in Illinois and Wisconsin, Missouri and West Virginia, and county-by-county in Kentucky, it’s wise to think about what’s at stake. We now know what happens when employers hold most of the cards and employee power is...
After revision, the change in total nonfarm payroll employment for December
remained at +329,000, and the change for January was revised from +257,000 to
+239,000. With these revisions, employment gains in December and January were
18,000 lower than previously reported. Over the past 3 months, job gains have
averaged 288,000 per month.