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Economic Policy Institute

College Graduates Starting Wages Drop In Last Decade: EPI [GRAPH]

The Huffington Post | Harry Bradford | Posted 11.01.2011 | Business

Despite remaining the safest road to financial prosperity, a college degree isn't earning the recently graduated quite as much these days. The ave...

Three Things Obama's Jobs Program Needs

The New Republic | Jonathan Cohn | Posted 10.19.2011 | Business

President Obama’s plan to give a major economic speech after Labor Day means that, finally, Washington is going to have a serious conversation about...

Foreign-Born Blacks Hit Hardest Of All Immigrant Groups By Jobs Crisis

The Huffington Post | Harry Bradford | Posted 10.03.2011 | Business

Of all the groups affected by the unemployment crisis, perhaps the hardest hit have been those black citizens born outside the United States. Acco...

Got Health Insurance Through Your Employer? Maybe Not for Long (But Not Because of Reform)

Wendell Potter | Posted 08.16.2011 | Business
Wendell Potter

The employer-based health insurance system has been crumbling for several years. And, with or without the Affordable Care Act, it's very possibly on its last legs.

10 Years Later, How Bush-Era Tax Cuts Changed America [CHARTS]

The Huffington Post | Harry Bradford | Posted 08.08.2011 | Business

A decade has now passed since the Bush-era tax cuts were signed into law, and the topic remains as divisive as ever. To mark the ten-year annivers...

NAFTA Cost U.S. 700k Jobs, Report Says

The Huffington Post | Maxwell Strachan | Posted 07.12.2011 | Business

When the North American Free Trade Agreement was first signed in 1994, proponents said it would eventually create jobs for the U.S. economy. 17 ye...

Why Progressive Budgets Are Really Centrist Budgets: Responding to Reverse Robin Hood Plans to Distribute Wealth to the Rich

Rep. Mike Honda | Posted 06.14.2011 | Politics
Rep. Mike Honda

The Ryan budget would undermine economic growth and job creation for years and exacerbate ever-widening income inequality. Instead of these reckless cuts, job creation and strengthening the economic recovery must be our priority.

Needed: Prophetic Voices For A Just Economy

Ryan J. Bell | Posted 06.11.2011 | Religion
Ryan J. Bell

I'm afraid we've learned nothing from the collapse of 2008 and the slow erosion of the middle class. Maybe tomorrow, I'll read up on the new budget agreement. But today, I want to weep and repent.

U.S. Wages Aren't Keeping Up With U.S. Productivity, EPI Says

The Huffington Post | Harry Bradford | Posted 05.25.2011 | Business

Ever feel your work isn’t being adequately represented by the final amount on your paycheck? Turns out that nagging sense of injustice isn’t j...

Public Sector Continues To Decline

Reuters | Lisa Lambert | Posted 05.25.2011 | Business

hemorrhage (Reuters) - The jobs outlook is growing dimmer and dimmer for the public sector. Federal employment data released on Friday shows tha...

Why Wages Can't Wait This Valentine's Day

Anne L. Thompson | Posted 05.25.2011 | Politics
Anne L. Thompson

On Valentine's Day, our nation's en masse dinner date will be made possible by a bastion of poverty-wage earners -- working overtime to provide you with a special evening out.

Education and the Economy

Christine Bork | Posted 05.25.2011 | Chicago
Christine Bork

Investment in education is the best way to achieve faster economic growth, more jobs, greater productivity, and more widely shared prosperity. Yet many of our children are still getting a substandard education.

7 Disturbing Charts From One Of The Weakest Decades On Record

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

The last ten years certainly weren't pretty. The last decade was "one of the weakest on record" for GDP and job growth, according to Rebecca Thies...

Rich Budget, Poor Budget

Philip N. Cohen | Posted 05.25.2011 | Politics
Philip N. Cohen

Now that $250,000 is the official definition of a "rich" family, let's compare budgets. The Washington Post reports that "$250,000 is etched in the m...

America Cannot Afford to Let the DREAM Act Die in the Senate

Daniel Costa | Posted 05.25.2011 | Politics
Daniel Costa

On Wednesday night, the United States House of Representatives passed the Development, Relief, and Education for Alien Minors Act - also known as the ...

Dan Froomkin

Larry Summers Will Deliver His Swan Song In The Lion's Den | Dan Froomkin | Posted 05.25.2011 | Politics

WASHINGTON -- Larry Summers, the top presidential economic adviser whose pro-bank philosophy made him a lightning rod for liberal critics of the Obama...

Political Corruption: GOP Embraces the Ken Lay Way

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Republicans are obfuscating about the real reason for their opposition to extending unemployment benefits, the way Enron CEO Ken Lay concealed the truth about billions in losses his corporation racked up.

The F Word: Why Tax When You Can Freeze?

Laura Flanders | Posted 05.25.2011 | Politics
Laura Flanders

Although that $2 billion Obama estimates he'll save in freezing federal employees' wages sounds like a lot of money, it isn't. Compare it to the $700 billion that we handed over to Wall Street.

Michele Bachmann's Very Bad Choice: Extending Tax Cuts for the Rich While Ending Unemployment Insurance for the Jobless

Deborah Weinstein | Posted 05.25.2011 | Politics
Deborah Weinstein

In the real world, there are millions of people out of work and getting by on an average unemployment benefit of $293 a week. And there are millionaires, who receive about $110,000 a year from the Bush tax cuts.

We Don't Need Your Help "Saving" Social Security

Monique Morrissey | Posted 05.25.2011 | Business
Monique Morrissey

"No more benefit cuts" is actually a middle-ground position, since benefits were already cut back in the last Social Security overhaul in 1983. Under normal circumstances, Democrats should be seeking to reverse the 1983 cuts, not add to them.

CHART: U.S. Economy Is 11.5 MILLION Jobs Short

Huffington Post | William Alden | Posted 05.25.2011 | Business

Even though the unemployment rate remained flat at 9.6 percent in September, the labor market would now need to add a total of about 11.5 million jobs...

The Right Wing Myth on Public Employee Pay

Amy Traub | Posted 05.25.2011 | Politics
Amy Traub

In reality, there is no pampered public sector elite to blame for public budget woes: elected officials should face the facts and admit to the sacrifices they're asking working people to make.

Can't Get A Job? Better Get Used To It

Diane Tucker | Posted 05.25.2011 | Business
Diane Tucker

WASHINGTON D.C. -- "Joblessness is here to stay. One current assessment rates the chances a laid-off worker will ever regain his or her income level a...

China's Currency Manipulation: Flipping off America

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Earlier this year, the Obama administration asked China nicely to allow its currency value to float up naturally on international markets. China said it would. And then it didn't.

Four Trends We WON'T Be Celebrating This Labor Day (CHART)

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

Labor Day, of course, was intended to celebrate the American worker. But, for those of us lucky enough to be employed, the labor market still isn't pr...