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Wage Growth

Emerging From The Great Recession

Chris Weigant | Posted 09.15.2016 | Politics
Chris Weigant

There was some rather important economic news yesterday, which could be summed up as "things are getting better."

When Experts Get Stunned: Fed Tightening Cycle May Stimulate Inflation

Timothy J. Barnett | Posted 06.10.2016 | Politics
Timothy J. Barnett

The Federal Reserve's core guiding belief is that economic stimulus boosts economic growth, thus increasing employment opportunities, payrolls, tax revenues, corporate profits, retirement security and Wall Street wealth.

Parental Leave Gets A Boost From Tech And Finance

The Huffington Post | Jenny Che | Posted 05.12.2016 | Business

Parental leave hit a tipping point last year, as numerous big-name firms expanded paid time off for new moms and dads. But top-notch benefits are stil...

America's Largest City Is Failing Its Young People

The Huffington Post | Shane Ferro | Posted 04.26.2016 | Business

New York City is worried about millennials -- for good reason. The city comptroller, Scott Stringer, put out a report on Monday that paints a rather ...

The Federal Reserve Holds Off On Interest Rate Hike

The Huffington Post | Daniel Marans | Posted 03.16.2016 | Business

The Federal Reserve announced on Wednesday that it is leaving its benchmark interest rate unchanged, a move designed to encourage recently robust job ...

4 Things You Need To Know About The Latest Jobs Report

The Huffington Post | Shane Ferro | Posted 03.04.2016 | Business

The monthly jobs report came out on Friday, and things are pretty good overall. The big headline numbers were great: The economy added 242,000 jobs in...

Costco Just Gave Its Lowest-Paid Workers A Raise

The Huffington Post | Shane Ferro | Posted 03.21.2016 | Business

Costco is going to start paying some of its workers more. The big box store announced Thursday that it would raises minimum wages at its stores aroun...

Friday's Jobs Report: What's Happening with Hiring?

Dr. Andrew Chamberlain | Posted 03.01.2016 | Business
Dr. Andrew Chamberlain

Last month, a weak jobs report dropped a bombshell on financial markets, sending stocks reeling and sparking recession fears throughout the media. Tod...

Friday's Jobs Report: Signs of a Labor Market Slowdown?

Dr. Andrew Chamberlain | Posted 02.02.2016 | Business
Dr. Andrew Chamberlain

Outside of the labor market, it has been a rocky start to 2016. Disappointing corporate profits, plummeting stocks and weak industrial production all point to an economy that slowed sharply late last year.

The Fed Raises Key Interest Rate, Potentially Slowing Job Market Growth

The Huffington Post | Daniel Marans | Posted 12.17.2015 | Business

WASHINGTON -- The Federal Reserve announced Wednesday that it is raising its benchmark interest rate, putting downward pressure on job creation in ord...

The Federal Reserve Should Let Jobs and Wages Grow

Rep. John Conyers | Posted 12.15.2015 | Politics
Rep. John Conyers

If the Fed raises interest rates for the first time since the Great Recession, they will effectively be declaring "mission accomplished" on jobs and wages. But there is a major issue: The data simply does not support a rate hike.

Are We in a Wage Growth Slump? Four Predictions for Friday's Jobs Report

Dr. Andrew Chamberlain | Posted 09.30.2016 | Business
Dr. Andrew Chamberlain

If we want to understand why America's wages are growing -- or not growing -- it's important to look beyond U.S. averages to specific industries.

The Fed Is Considering Raising Interest Rates, But The Economy May Not Be Ready

The Huffington Post | Daniel Marans | Posted 09.14.2015 | Politics

Should we be more concerned about the pace of job growth or the threat of inflation? That is the question the Federal Reserve will face on Thursday wh...

The New York Times Comes Out Against Fed Interest Rate Hike

The Huffington Post | Daniel Marans | Posted 09.08.2015 | Politics

Progressive activists opposed to a Federal Reserve interest rate hike gained an influential new ally on Labor Day: The New York Times editorial board....

Are There Enough Jobs? Depends Who You Ask.

The Huffington Post | Daniel Marans | Posted 09.06.2015 | Business

Job growth in August continued apace with recent trends, according to data released by the Bureau of Labor Statistics on Friday. But consistency does ...

Activists Counter Federal Reserve Gathering With Push Against Interest Rate Hikes

The Huffington Post | Daniel Marans | Posted 08.27.2015 | Politics

Progressive activists and economists who want the Federal Reserve to prioritize jobs and racial justice brought their case to the central bankers' sum...

Steady Job Growth Is Still Not Boosting Workers' Pay, New Numbers Show

The Huffington Post | Daniel Marans | Posted 08.07.2015 | Business

The July jobs report released Friday morning show the economy producing jobs at a steady pace. While the gains increase the likelihood that the Federa...

The Fed Just Inched Closer To Raising Interest Rates

The Huffington Post | Daniel Marans | Posted 07.29.2015 | Business

The Federal Reserve announced on Wednesday that it will keep interest rates at or near zero for now, but implied it would soon raise them, alarming le...

Will the Recovery Finally Translate into Better Wages?

Robert Kuttner | Posted 04.10.2015 | Politics
Robert Kuttner

The good news about the economy's improved job creation dominated the weekend's headlines. Many commentators concluded that the economy is finally shaking off the effects of the financial collapse of 2008 and the long period of stagnation that followed. But the one-year increase in wages has been only 2.2 percent, barely more than 1 percent when adjusted for inflation, and it's been a long time since most workers have seen substantial raises. In this recovery, the economy has been creating more low-wage jobs than high-wage ones. The shift from standard payroll jobs to temp and contract work continues. The uptick in the measured unemployment rate suggests that discouraged workers are only just coming back into the labor force and we are a long way from full employment. Even at the present rate of improved job creation, it will be 2017 before we get back to the pre-recession level of unemployment.

This Map Reveals Just How Unequal The So-Called Recovery Is

The Huffington Post | Emily Cohn | Posted 01.26.2015 | Business

In his State of the Union address last week, President Barack Obama cheered rising wages. What he didn't mention is that much of the income gained sin...

What Obama Didn't Say About Rising Wages

Reuters | Posted 03.23.2015 | Business

Multiple government surveys suggest income growth remains much slower than before the 2007-09 recession.

Buy the Numbers? Our Confounding and Insufficient Government Statistics

Frank Islam | Posted 08.18.2014 | Politics
Frank Islam

We currently have a national system of leading indicators that does not include or count important things that can be counted. We need one that does.

A Simple Solution To America's Woes: Huge Raises

The Huffington Post | Emily Cohn | Posted 06.05.2014 | Business

There may be a simple solution to many of the country's most urgent problems: Give U.S. workers a raise. A very big raise. Stagnant hourly wages ar...

When Work Does Not Work

Max Fraad Wolff | Posted 03.25.2014 | Business
Max Fraad Wolff

Sure, the headline unemployment rate has fallen to 6.7 percent. This means we officially had 10.4 million people actively looking for work and not finding it in December 2013.

Wage Growth Is At 50-Year Lows, Fueling The Corporate-Profit Boom

The Huffington Post | Mark Gongloff | Posted 01.23.2014 | Business

We all know American wages are too low and growing too slowly. But it took Goldman Sachs, of all things, to point out just how historically bad wage g...