"Words that make actions speak louder."
A lot of eyes will be on the Federal Reserve Friday when the Labor Department releases its August unemployment statistics. Meanwhile, the fight to keep the Fed’s eyes focused on unemployment is preparing for its next phase.
Ferguson, Mo., is actually a much better place from which to understand the consequences of the past six years of economic policies. Ferguson residents would tell them that they need a full-employment economy.
The latest Job Openings and Labor Turnover Summary underscores the penalty millions of workers are paying for the right-wing’s sabotaging of the economic recovery.
A student trying to save for tuition at an acting school works at a restaurant that pays her $2.77 an hour – so she’s trying to earn enough in tips to cover the cost. Consider what’s wrong with this picture.
Two University of Delaware economists looked at the 13 states that have raised their minimum wage and actually found that the job prospects of low-skilled workers in those states improved slightly.
The inflation bogeyman is nowhere to be found, and the real thing that we should be fearing is the damage being caused by an economy with a labor market that has been too slack for too long.
Conclusions by the New York Times’ Neil Irwin about the reasons the economy “keeps underperforming” tie directly to what we’ve been saying about conservatives sabotaging the economy.
This is as sharp as dividing lines get. Should the power of the federal government be used to elevate worker wages or drive them down? It is not just an economic or political question; it is also a moral one.
As a “Live the Wage Challenge” highlights the struggle of living on the minimum wage, a campaign is beginning around legislation to curb work schedule abuses that make life even harder for low-wage workers.
An appropriations amendment by Rep. Alan Grayson would have required the federal government to pay a minimum wage of $10.10 an hour to its employees. A Republican opponent offered an absurd objection.