One Reason for Slow Wage Growth? More Benefits, Sort of
From today’s New York Times: One of the most perplexing questions about the nation’s economic recovery is why a tight labor market has not translated into faster wage growth. Part…
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American economy
corporate governance
fair wages
income inequality
labor market
wage stagnation
wages
worker rights
The stock market boom has given CEOs a raise. What about average workers?
From today’s PBS News Hour: Over the past few years, many economic indicators have returned to where they were before the Great Recession — among them, the unemployment rate, which…
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American economy
fair wages
labor market
labor unions
wage stagnation
wages
worker rights
Americans Want to Believe Jobs Are the Solution to Poverty. They’re Not.
From today’s New York Times: U.S. unemployment is down and jobs are going unfilled. But for people without much education, the real question is, Do those jobs pay enough to…
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American economy
fair wages
income inequality
labor market
wage stagnation
wages
worker rights
In America, wage growth is getting wiped out entirely by inflation
From today’s Washington Post: Rising prices have erased U.S. workers’ meager wage gains, the latest sign strong economic growth has not translated into greater prosperity for the middle class and…
Further Thoughts on a Job Guarantee
From today’s New York Times “Opinion” Section by Paul Krugman: As I wrote the other day, Alexandria Ocasio-Cortez may call herself a socialist and represent the left wing of the…
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American economy
Globalization
labor market
minimum wage
Part-Time Work
technology
wage stagnation
wages
worker rights
Robots or Job Training: Manufacturers Struggle to Improve Economic Fortunes
From today’s New York Times: For Anthony Nighswander, rock-bottom unemployment is both a headache and an opportunity. For businesses and workers, it could be the key to reversing one of…
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American economy
income inequality
labor market
minimum wage
wage stagnation
worker rights
Opinion: When Companies Supersize, Paychecks of Workers Shrink
From today’s New York Times: Anyone with a cellphone should have paid attention to the big merger news on April 29: T-Mobile and Sprint announced their intention to tie the…
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American economy
economics
fair wages
financial corruption
Globalization
labor market
labor strikes
labor unions
Part-Time Work
technology
wage stagnation
worker rights
Public Servants Are Losing Their Foothold in the Middle Class
From today’s New York Times: The anxiety and seething anger that followed the disappearance of middle-income jobs in factory towns has helped reshape the American political map and topple longstanding…
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American economy
domestic politics
labor unions
protests
public education
Republican Party
wage stagnation
worker rights
Breaking News: Kentucky teachers rally at State Capitol over state budget
From today’s LA Times: Thousands of Kentucky teachers filled the streets near the state Capitol in Frankfort on a cold, overcast Monday to rally for education funding. Teachers and other…
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fair wages
Globalization
income inequality
labor market
labor unions
minimum wage
overwork
Part-Time Work
technology
Unemployment
wage stagnation
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Robots Are Coming, and Sweden Is Fine
From New York Times: From inside the control room carved into the rock more than half a mile underground, Mika Persson can see the robots on the march, supposedly coming…