Conservative Republicans have lost their fight over the shutdown and debt ceiling, and they probably won't get major spending cuts in upcoming negotiations over the budget. But they're winning the big one: How the nation understands our biggest domestic problem.
Today’s jobs report shows that the labor market recovery remains disappointingly slow, with employment still well below normal levels and long...
We're four years into a recovery that began in the second half of 2009, yet unemployment is still highly elevated, and job growth is once again decelerating. There should be no question that fiscal drag and general political dysfunction continues to hurt working families.
The stable economy where people had a job for life is over; the future is more unpredictable than ever, and it makes our rear-view based perception of the world something we must question. We can no longer build for yesterday.
The low wages paid to fast-food workers are costing taxpayers $7 billion a year in public assistance, according to a study released October 15, 2013 b...
In this week's issue, we look at youth unemployment on an international scale, putting the spotlight on a problem that threatens economic growth and social stability in dozens of countries.
The political games are not only corrosive to our democracy, but destructive to our economy. So what to do with this new-found national realization? Pivot to a real jobs agenda. Unemployment is still the crisis of our time.
We, as a community and as a movement, can choose to just check a box and pat ourselves on the back, or we can choose to fight for a bill that we'll all be proud of. We can choose to demand a bill that treats us as fully equal -- with no asterisks.
President Obama has, unfortunately, embraced the faulty premise that deficit reduction should be a top priority. He, along with a chorus of deficit hawks, longs for a "grand bargain" that would get the debt and the deficit "under control."
There's good news and bad news these days for the solar energy industry and its workers. The good news: Some enterprising companies are planning to re...
This week was dominated by the ongoing Congressional hostage drama. Democrats trumpeted a poll showing more Americans blame the GOP (53 percent) than Obama (31 percent) -- with the GOP garnering a record low approval rating. But while the White House may be winning the battle, it's the country that continues to lose the war. With 7.3 percent unemployment, and 20 million people unemployed or underemployed, the fact that all notions of "compromise" are taken only to mean some mix of further self-destructive cuts -- instead of investing in infrastructure building and a real jobs program -- shows just how far the economic debate has been shut down. At some point, this manufactured crisis will end, but it will take a lot more than getting back to the status quo to release the true hostages: the poor, the middle class and the American Dream.
It takes 86 hours a week working in a minimum wage job to pay for an average two-bedroom apartment in Minnesota. That's 12 hours a day, seven days a week. It's no accident that real wages have declined while executive pay and corporate profits have climbed rapidly.
Furloughed workers wonder how they will pay their bills until they receive back pay. We simply worry about paying the bills. For the millions who have been laid off during the recession, no businesses offered free meals or other discounts the day after the pink slip arrived.
The absurdities pushed by Ferguson and like-minded people in positions of power, in direct defiance of massive evidence to the contrary, have ruined millions of lives and cost the world more than $10 trillion in lost output since the crisis began.
Want a reality check on today's employment situation? Ask someone making less than $50,000 per year.
At the core of human motivation is the idea that tomorrow can be better than today. People will fight oppressors, combat unending peril, unite through unparalleled adversity, all in the hope that tomorrow can be better than today.