Ultimately, paying people more than poverty wages doesn't just help workers. It strengthens the foundation of our economy and paves the way for growth. But don't expect the Republicans running for President to change their positions and rhetoric.
Tomorrow's December jobs report is the first since Federal Reserve policymakers lifted their target for short-term interest rates off zero. That's a very small step, and policymakers didn't claim that the labor market was fully healed.
If we want to understand why America's wages are growing -- or not growing -- it's important to look beyond U.S. averages to specific industries.
Don't look now, but we should soon have the 30-hour work week as the standard, instead of the 40-hour work week last enshrined during FDR's New Deal. Why, when Americans now work more hours than any other developed country?
It was only to be expected that he wouldn't stand by and watch, knowing him. He is not that type of person. He is simply unable to sit on his hands and do nothing.
While the unemployment rate is respected as the final score and indicator of employment in the U.S., we feel like it is humming along consistent with a commendable 5.6 percent rate of unemployment. Clearly, this is not the only measure that should be considered.
As Ezra Klein explained at the time, the BLS is devised in such a way that the White House cannot meddle in its math, be
"These large sectors and the high prices they charge are contributing heavily to the slipping economic position of American You can also see just how routines shift along age, gender and employment lines. A new interactive chart, built
While it is good that 700,000 jobs were not destroyed last night, America needs to be investing to create millions of jobs, not just to prevent the worst.
We currently have a national system of leading indicators that does not include or count important things that can be counted. We need one that does.
Breed-specific legislation, or the laws in hundreds of U.S. cities targeting dogs that appear to be "dangerous breeds," doesn't
On the first Friday of every month, the Bureau of Labor Statistics publishes the unemployment numbers -- but not this month.
Leo Hindery says up front that the BLS only notes those specifically looking for work. That may make sense to some -- until one learns who is left out. According to the Hindery report, the ones who are left under the rug of America's unemployment mess are those who've given up looking.
Keith Hall, the former head of the Bureau of Labor Statistics claims the official unemployment rate is too low. Eleazar Melendez joins Marc to discuss.
I'd personally focus on the labor-force participation rate, which includes people working and looking for work. This has
Experienced professionals doing their part to help the next generation get a leg up? Well, the idea hasn't exactly been greeted with open arms among the blogosphere community.
Although the rate of unionized workers can swing from year to year, the overall drop of half a percentage point in the entire
2011-11-29-20111107bothsidesnow.jpgSpitzer and Clarke debate whether the monster storm smashed not just the Metro region but Mitt too. They agree that 'extreme weather' won't be an issue in Ohio this time but will and should be one in 2013. And does 7.9 percent = 270+ electoral votes?
Ultimately, the vast majority of our fellow Americans who are struggling to find full-time work are not looking for government handouts or assistance; they are looking for a job.