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Wage Stagnation

No, Syrian Refugees Have Not Caused Four Decades Of Wage Stagnation

The Huffington Post | Jason Linkins | Posted 08.23.2016 | Politics

If you’re wondering how you too can succeed in American politics without really trying, there are some basic things you need to master. One of the m...

Why Steady Jobs Growth Isn’t Actually Helping Democrats

The Huffington Post | Daniel Marans | Posted 03.04.2016 | Politics

When the economy created 242,000 jobs in February, it marked 65 consecutive months of net job growth -- the longest such streak in modern history. Tha...

Profit Sharing: Labor's New Opportunity

Joseph Blasi | Posted 09.06.2016 | Business
Joseph Blasi

The stand-out national problem we have today is that in recent decades, profit sharing examples in industry have declined and fallen out of media attention. Profit sharing was commonplace in the first half of the 20th century, but several decades of strong post-World War II growth persuaded many American managers that regular wage and benefit increases could effectively share the wealth with the workforces.

Profit Sharing: An American Presidential History

Joseph Blasi | Posted 08.28.2016 | Politics
Joseph Blasi

Profit sharing recently became an issue in the Presidential campaign with Hillary Rodham Clinton's announcement last month that widespread profit shar...

Welcome to Baltimore! Welcome to America!

John R. Burbank | Posted 05.13.2016 | Politics
John R. Burbank

If you live in Baltimore, or anywhere in the United States, you shouldn't be surprised by the anger, the poverty, the police violence, and the hopelessness. All you have to do is sing the national anthem, written after witnessing the bombardment of Baltimore Harbor by the British during the War of 1812.

The Argument for Profit Sharing

Joseph Blasi | Posted 05.16.2015 | Politics
Joseph Blasi

Encouraging profit sharing with workers must be a top national economic priority. This is because profit sharing is a sensible response in an economy where wages have been mostly flat for decades, and where wealth is highly concentrated.

Igor Bobic

Who Said It: Mitt Romney Or Elizabeth Warren? | Igor Bobic | Posted 01.29.2015 | Politics

If Mitt Romney decides to run for president in 2016, he'll do so with a focus on poverty, education and income inequality. At least that seems to b...

It's Nice to See Republicans Tout the Economic Recovery. But Why on Earth Would They Think They're the Cause?

Rep. Sandy Levin | Posted 03.28.2015 | Politics
Rep. Sandy Levin

The major reversal from deep decline to economic growth occurred despite Republican opposition to President Obama's proposals, repeated GOP threats to default on our debt obligations, and an incredibly harmful 16-day government shutdown. And not only have Republicans stood in the way of Democratic policies, but they're now attempting to take credit for the recovery itself.

Igor Bobic

Mitt Romney's Re-Invention As Anti-Poverty Warrior | Igor Bobic | Posted 01.29.2015 | Politics

With the shake of an Etch-A-Sketch, Mitt Romney reintroduced himself to the Republican Party on Friday as a man interested in running for president be...

Put Working People First

Leo W. Gerard | Posted 03.14.2015 | Business
Leo W. Gerard

The jobs report Friday set off cheering: a quarter million positions added in December; unemployment declining to 5.6 percent. This good news arrived amid a booming stock market and a GDP report showing the strongest growth in 11 years. It's all so very jolly, except for one looming factor: wages.

The Fierce Urgency of Now

Clarence B. Jones | Posted 02.28.2015 | Politics
Clarence B. Jones

While grading term papers in the undergraduate course I teach at USF, "From Slavery to Obama," I found myself watching the televised funeral of one the NYPD officers recently assassinated by an apparently deranged African-American man. The coincidence prompted me to reflect on the moral and political challenges confronting our nation as we commence the new year of 2015.

Two-Thirds Of America's Biggest Retailers Are Worried About Flat Wages

The Huffington Post | Kevin Short | Posted 10.15.2014 | Business

"Both corporate America and our relentlessly squeezed middle class are stuck in a vicious cycle of low wages and low demand, an economic crisis that trickle-down solutions can never fix."

Dave Jamieson

How Obama Suddenly Became Pro-Worker | Dave Jamieson | Posted 08.21.2014 | Politics

WASHINGTON -- In May 2013, low-wage workers in federal buildings in Washington began walking off the job in a series of one-day strikes. Employed by c...

The Great Stagnation: Five Years Into the Recovery and Americans Still Don't Feel It

Aaron Pacitti | Posted 08.13.2014 | Politics
Aaron Pacitti

Stock prices and corporate profits have surpassed their pre-recession peaks and the unemployment rate has fallen from 10 percent to 6.3 percent. Many Americans, however, are not feeling the fruits of this growth. In fact, 57 percent of Americans still believe the economy is in a recession.

A High-School Diploma Is Pretty Much Useless These Days

The Huffington Post | Jillian Berman | Posted 05.29.2014 | Business

When it comes to making money, college graduates have a huge and growing advantage over high-school graduates -- but that's mainly because the value o...

One Possible Legacy of the Northwestern Football Players

Arthur Fox | Posted 06.04.2014 | College
Arthur Fox

What is important today is that the Northwestern media coverage is dramatizing, in a spectacular way, the fundamental need of workers to band together and collectively demand a seat at the economic table of Corporate America.

A Simple Way To Raise Women's Wages Without 'Leaning In'

The Huffington Post | Jillian Berman | Posted 03.19.2014 | Business

If we're going to close the pay gap between women and men, we could start by raising wages and curbing inequality for everyone. That's the upshot o...

Inequality: The Defining Challenge of Our Time

Arthur Fox | Posted 03.18.2014 | Politics
Arthur Fox

Our middle class is not spending enough to keep everyone employed; they are not spending enough because they don't have the money to spend. A revival of the union movement, or something comparable to it, will be vital to the survival of the middle class and a revival of the economy.

New Year Reflections: The Character of the Task Before Us

David Coates | Posted 03.01.2014 | Politics
David Coates

The task before us in 2014 is nothing less than to find a route back to generalized prosperity amid the wreckage left in place by the collapse of the Reagan growth model and the rise of the globalized economy. The debate now underway about the relationship between full employment and income inequality is vital because progressives have to find -- and find quickly -- a set of economic policies that can credibly refute the sustained attempt by the GOP to take us back to the future. From conservative circles, we now face a coordinated campaign to intensify income inequality, to erode the welfare safety net, to undermine public services and to weaken still further already weak labor unions. For moral as well as for economic reasons, progressives have to challenge this conservative renaissance by developing a political program that explicitly and proudly combines job creation and inequality reduction, one that insists on greater income equality as the route to full employment.

Consensus on Census: America's Stuck in Reverse

Sarita Gupta | Posted 11.20.2013 | Politics
Sarita Gupta

We are one of the world's wealthiest democracies, and yet the people who make up the fabric of our population -- who serve our food, stock our warehouses, and take care of our loved ones -- barely make enough to survive.

One Big Reason To Worry Your Bachelor's Degree Isn't Enough

The Huffington Post | Jillian Berman | Posted 08.21.2013 | Business

Those with advanced degrees have experience substantial wage growth over the last 10 years. The same can't be said for people holding only bachelor's ...

Dave Jamieson

Working Poor Falling Further Behind | Dave Jamieson | Posted 08.01.2013 | Business

If there's an economic recovery going on, Elizabeth Castillo hasn't seen the fruits of it. Castillo, 58, works as a home health aide in El Paso, Te...

Guess Whose Pay Is Growing 3 Times Faster Than Yours

Posted 03.28.2013 | Business

If you feel like your pay isn’t going up, then you’re probably not a CEO. CEO pay rose 8 percent on average last year, according to an analysi...

9 Indicators Showing Wall Street Is Out Of Touch With Reality

The Huffington Post | Jillian Berman | Posted 03.06.2013 | Business

The Dow Jones Industrial Average hit a record high Tuesday and as The Huffington Post's Mark Gongloff will tell you, it doesn't really matter. That's ...

The Key to Prosperity: Manufacturing American Jobs

Ed Crego, George Muñoz and Frank Islam | Posted 04.09.2013 | Politics
Ed Crego, George Muñoz and Frank Islam

It appears that the national conversation may be about to pivot from an almost obsessive concentration on big government and expense reduction to a concern for the well-being of the individual citizen and revenue generation.