Immediately upon entering adulthood, Americans are forced to compete for increasingly-scarce employment. The purpose of most employment isn't to create value for society or future generations, but to create profits for a scant few executives and shareholders.
At his recent State of the Union address, President Obama issued a timely challenge to U.S. corporate leaders: partner with the administration voluntarily to absorb more workers needing employment.
It's no wonder that Republicans have pinned all of their hopes for the mid-terms on the proposition that the botched Obamacare roll-out would sour the public on the signal accomplishment of President Obama's first term. But once again, the Republicans are on the wrong side of history.
We are at a loss as to what we will do now that the unemployment has just run out. We live month to month. We really do not want to become homeless, but if something doesn't give, that is where we will end up, without even a vehicle to sleep in. In Ohio, in winter.
President Obama has said that he intends to use his presidential power to do what he can to improve the economy and lay the groundwork for future change. While there are limits as to what Obama can based on executive authority alone, there are many areas where he can have an impact. He already identified one area in his State of the Union Address, when he announced that new federal contracts would require that workers be paid a higher minimum wage. This sort of action can be carried much further. Of course, negotiations mean that we are prepared to give up something. That seems like a small price to pay for the millions of jobs that could be created.
What employers require from the marketplace aligns neither with the skill-sets of workers from the "old economy" nor with what our educational institutions are creating in terms of the competencies and knowledge bases of their respective graduates.
Africa is becoming a niche for armed group terrorist organizations and drug cartel recruiters. Its disillusioned and disenfranchised youth are an easy...
Just over three years ago, Arab youth took to the streets protesting and demanding a better life, a better job and a future that includes dignity and respect.
As we enter March, the nightmare that is Obamacare continues to seek and destroy the pocketbooks of hardworking Americans. Just recently, Americans h...
For the past 35 years economic policy has abandoned its responsibility to create full employment. The group of economists that occupy dominant positions of power no longer seriously consider and fail to promote policies that will provide jobs to the unemployed.
House Speaker John Boehner says raising the minimum wage is "bad policy" because it will cause job losses. The U.S. Chamber of Commerce says a minimum wage increase would be a job killer. This is all bunk.
Congress should act quickly to reauthorize EUC retroactively. That would restore benefits to those 200,000 and keep the total number of vets -- and other long-term unemployed workers -- denied emergency jobless benefits from continuing to grow.
As the White House prepares its budget proposals for the coming fiscal year and the House prepares to reject them, millions of older Americans who have lost their jobs, their unemployment, and in many cases their houses, are holding out little hope of much relief.
Career development operations are being starved for funds in colleges across the country. Teaching what they know instead of prompting all their customers to think differently about finding work.
How much of the slowing can be blamed on Mother Nature? Nobody knows for sure, of course, but there is enough reason to believe that the brisk pace of growth recorded in the second half of 2013 will not be sustained in 2014.
While CBO didn't explore this issue, other things equal, a reduction in the supply of labor would be expected to lead to a rise in its price. In other words, wages would rise. That would be good news for workers who have seen their wages stagnate for more than three decades.