So what are the causes for optimism with regard to future earnings power? Well, the most notable are probably the recent sharp decreases in interest rates and gas prices.
Market forces simply cannot make jobs reappear. Overall economic policy continues to drain wealth to benefit the tops layers of society to the detriment of government operations and everyday citizens.
A lot has happened in my life since the last time I posted. I moved to Portland about four weeks ago because as much as I enjoyed living in Bend, I ju...
I can't account for national trends, but on an anecdotal level, it has been fascinating to watch millennials become some of America's best 'unofficial ambassadors.'
An international dialogue should begin now. It might open with an invitation to the Troika: Explain why Greece should not start a jobs guarantee policy today.
Employment rates of vets don't show the years they cannot now make up. The don't show the rate of underemployment. Many veterans have had to accept low-wage, dead-end jobs that may pay their bills but don't fully tap their skills or allow them to engage in fulfilling careers.
I've been a relatively lonely voice; the attention of both the public and economists has been focused elsewhere. Over the the past year or so, however, things have changed quite dramatically: Deep concern about the robot revolution -- and its impact on jobs -- is going mainstream.
I actually like the "broken window" theory, which is one reason I am marching on August 23, I just think the theory is being seriously misapplied. It is long past time to fix the real broken windows in our society that have victimized many but especially African American men.
There you have it: two extremely prominent political figures who got rich off the housing bubble, now taking time from their busy schedule to call on the Fed to raise interest rates and destroy millions of jobs. In the "show no shame" contest, this looks like a real winner.
None of us is capable of predicting the future, but the optimism of young people is even more impressive to me when we think of the uncertainties of the world to come.
Presidents have been unwilling to name, much less remedy, the deep economic forces that are turning payroll jobs into what I've termed "The Task Rabbit Economy" -- a collection of ad hoc gigs with no benefits, no job security, no career paths, and no employer reciprocity for worker diligence. But there are signs that maybe this issue is starting to break through.
One of the most unnoticed labor trends in the past few decades has been the rise of "just-in-time scheduling," the practice of scheduling workers' shifts with little advance notice that are subject to cancelation hours before they are due to begin.
Abandoned by his base and set adrift, the President trudges forward. He is weary, beleaguered, and beset with problems of the ages that span the Holy ...
Last week, President Obama hosted the U.S.-Africa Leaders Summit in Washington, D.C. He welcomed over 40 African heads of state and their outsized entourages to what was a festive affair.
I have been trying very hard to rebuild my life. I am not asking taxpayers to take care of me. I would like to see some changes in employment laws. I think that policies of noncompetition should be limited in duration and scope, if not abolished.
They are out on their own doing the same thing as the short-term unemployed, whether or not they realize it, with a clear disadvantage where they need to spend three to four times the effort to get a comparable result.