With inflation still running at 1.7 percent and downside risks such as the slowing world economy, there's no excuse for the Fed to be throwing people out of work by raising interest rates. Let's hope that public pressure and an improved debate over Fed policy can keep this country moving toward full employment.
It's that magical time of year when the wee folk of Capitol Hill actually get something done. These brief bursts of activity only happen very rarely, of course, and always immediately proceed another one of the many, many long vacations Congress takes during the year.
By Mary Ellen Sprenkel, President and CEO of The Corps Network Yesterday I was excited, but not entirely surprised, to read about a new study publish...
Today's solid jobs report highlights a continuing labor market recovery, but one in which unemployment -- especially long-term unemployment -- remains high relative to recent recoveries.
The median household income in 2013 was only slightly above that reported for 1995 (after adjusting for inflation), while costs for necessities like housing (rent), health care, and education are making it much more difficult for middle-class folks to get by.
Raising the minimum wage is often framed as a classic business-versus-workers issue. But even strictly from the workers' point of view, there is a del...
Under the Illinois Worker Adjustment and Retraining Notification Act (WARN), employers with 75 or more full-time workers must notify the state 60 days in advance if they plan to layoff employees or shut down operations.
Germany has long mandated paid family leave, paid sick days, and several weeks of paid vacation every year. All of these policies have the effect of shortening the average hours workers put in on the job each year.
How do we empower the youth of South Africa to not only become future leaders but also to uplift their communities, provide for their families and pull themselves out of the cycle of poverty?
Depression isn't weakness. It's an illness. I think this message will make itself clearer as more people feel free to talk about it. So here I am, talking about it.
Usually an economy would be fully recovered from the impact of a recession seven years after its onset. Unfortunately, this is not close to being the case now.
Flashback to when you were just starting university, completely lost and confused about what to do with your life and trying to answer always burning "what are you going to do after graduation" question.
The lack of civic engagement and participation cedes the power to the few. The few can legislate and elect legislators whose positions are not necessarily consonant with the will or desires of the majority. In essence, it devolves the political system to one of minority rule.
In a season focused on gratitude, 17-year-old Monica Chica has an attitude about choosing to be grateful that's wise far beyond her years: "The most important lesson I learned is that being happy is not about having with you what you loved in the past, but learning to love what you have in the present."
Using inflation-adjusted numbers, we indexed each component of GDP to 4Q07 levels, beginning with a value of 100 for each. We graphically display the results below, followed by some commentary.
Barry Z. Cynamon and Steven M. Fazzari are exploring how the massive debt which led to the Great Recession, the spending collapse that followed, and the stagnation that persists are all linked to income inequality. In this interview, they discuss what their findings mean for America.