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Captain America?
from Peter Radford The Economist’s astonishingly tone deaf editorial on Mitt Romney – “America’s next CEO?” – is partisan, wong-headed, and naive. The very title gives away the fundamental error:...
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Low-wage lessons
from John Schmitt As I write in a new CEPR briefing paper (pdf), the United States leads the wealthy world in the share of its workforce in low-wage jobs. According to the commonly used international...
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Work Sharing: The Way for States to Reduce Unemployment
from Dean Baker It is clear that we are not going to see any major action from the federal government to reduce unemployment any time soon. There is no hope that this Congress will support another...
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Bad jobs report distracts from the real bad economic news
from Dean Baker The May jobs numbers were pretty bad news regardless of how you look at them. Job growth over the last three months has averaged slightly less 100,000 a month, roughly the pace needed...
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Can you spot the recovery? (graph)
from Edward Fullbrook United States Employment-Population Ratio http://data.bls.gov/timeseries/LNS12300000 Data extracted on: August 2, 2012 (4:39:26 AM) USA Labor Force Statistics from the...
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A closer look at good jobs by education level in the United States (4 graphs)
from John Schmitt Over the last few days, several blogs (Kevin Drum, Brad Plumer at WonkBlog, Andrew Sullivan, and ThinkProgress) have commented on the chart below, which Janelle Jones and I prepared...
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Technology or Power?
from John Schmitt Within the economics profession, the standard explanation for rising inequality over the last three decades is that we have been experiencing a long-term shortage of college-educated...
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Job polarization in the 2000s? (two graphs)
from John Schmitt In a recent post at Wonkblog, Dylan Matthews takes a fairly dim view of a new paper that Larry Mishel, Heidi Shierholz, and I have written on the role of technology in wage...
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The reality is that changes in productivity swamp the impact of demographic...
from Dean Baker Tyler Cowen is worried that rich countries won’t have enough people to do the work. This concern seems more than a bit off the mark given that almost every rich country continues to...
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