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Wages

The Federal Reserve Board's Plan to Kill Jobs

Dean Baker | Posted 03.02.2015 | Business
Dean Baker

The Federal Reserve Board is openly mapping out an actual job-killing strategy and drawing almost no attention at all for it. The Fed's job-killing strategy centers on its plan to start raising interest rates, which is generally expected to begin at some point this year.

Fighting Fast Track: Is It Really China or Us?

Larry Cohen | Posted 02.20.2015 | Politics
Larry Cohen

This is not what democracy looks like -- secret trade deals rammed through in record time that guarantee fat corporate profits, but likely result in net job loss and wage competition that leads to pay stagnation in the U.S. for years to come.

Emily Peck

Walmart's Raise Could Be A Turning Point For The Whole Economy

HuffingtonPost.com | Emily Peck | Posted 02.19.2015 | Business

Walmart just gave half a million people a raise. Could you be next?

Is Hillary Clinton a Liberal Reagan?

Brent Budowsky | Posted 02.18.2015 | Politics
Brent Budowsky

Clinton in 2016 could have the same effect as Reagan in 1980 and 1984: recruiting Democratic candidates, inspiring Democratic supporters and winning an electoral landslide. Reagan would be embarrassed by Republicans today.

Republican Rhetoric vs Reality

Sen. Charles E. Schumer | Posted 02.11.2015 | Politics
Sen. Charles E. Schumer

Democrats are encouraged to hear Republicans co-opting our rhetoric on the economy and we stand at the ready to work with Republicans to get things done for the middle class. But only when Republican policy proposals catch up to their rhetoric will we have an opportunity for real solutions.

Friday Talking Points -- Live, From the Moon

Chris Weigant | Posted 02.11.2015 | Politics
Chris Weigant

Barack Obama is the second Honorable Mention recipient this week, for his impressive public opinion polling on job approval in January. He had his best month (measured by month-to-month improvement) of his entire second term, and the fourth-best month he's ever had as president.

Ben Walsh

The Best Thing About January's Jobs Report Happened In December And November

HuffingtonPost.com | Ben Walsh | Posted 02.06.2015 | Business

In economics, the past is never dead -- it's always subject to revision.

Did The Minimum Wage Rise In Your State This Year?

The Huffington Post | Ariel Edwards-Levy | Posted 02.04.2015 | Politics

It's now been just over a month since minimum wage hikes went into effect in a record 20 different states, as well as the District of Columbia. On ...

Dave Jamieson

Senate Democrats Tell Obama To Be Bold In Raising Wages

HuffingtonPost.com | Dave Jamieson | Posted 01.30.2015 | Politics

WASHINGTON -- On Thursday, Senate Democrats joined a growing chorus of progressive economists and politicians urging the White House to be aggressive ...

Going, Going...

Douglas Holtz-Eakin | Posted 01.28.2015 | Politics
Douglas Holtz-Eakin

The Congressional Budget Office just released the 2015 version of its Budget and Economic Outlook. The really important development was that CBO confirmed its pessimistic view of the future of the U.S. economy, pegging the long-run growth potential at 2.2 percent.

Igor Bobic

Trio Of GOP Presidential Hopefuls Pan Romney 3.0, Talk Income Inequality

HuffingtonPost.com | Igor Bobic | Posted 01.26.2015 | Politics

WASHINGTON -- A trio of Republican presidential hopefuls serving in the U.S. Senate participated in a quasi-debate Sunday night, where they weighed in...

Home-Field Advantage

Chris Weigant | Posted 01.21.2015 | Politics
Chris Weigant

While President Obama's "middle class economics" speech last night certainly laid down a few markers for Democrats in 2016 and beyond, the real reason it now seems Democrats will be playing on familiar turf comes from Republicans.

Dave Jamieson

Democrats Urge Obama Not To Blow It On Major Pay Reform

HuffingtonPost.com | Dave Jamieson | Posted 01.20.2015 | Politics

WASHINGTON -- Concerned the White House may bend to Republicans and business groups, House Democrats are urging President Barack Obama to "make the bo...

The Issue That's Looming Over The Final Years Of Obama's Presidency

Reuters | Posted 01.19.2015 | Politics

(Adds reference to Obama tax proposal) By Howard Schneider DALTON, Georgia Jan 18 (Reuters) - Barack Obama enters the f...

Igor Bobic

Mitt Romney's Re-Invention As Anti-Poverty Warrior

HuffingtonPost.com | 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...

International Monetary Fund Underscores the Importance of Jobs for Macroeconomic Stability

Sabina Dewan | Posted 01.16.2015 | Business
Sabina Dewan

A new report by the IMF and Economist Intelligence Unit acknowledges the importance of quality jobs, calling the JustJobs Index a "valuable look at income and employment security and working conditions."

Dave Jamieson

Warren: Economy Is 'Rigged' Against Workers

HuffingtonPost.com | Dave Jamieson | Posted 01.07.2015 | Politics

WASHINGTON -- With a celebrity assist from Sen. Elizabeth Warren (D-Mass.), the AFL-CIO union federation hosted what it billed as a national summit on...

Dems Maneuver to Curb CEO Pay Loophole

Sarah Anderson | Posted 01.07.2015 | Politics
Sarah Anderson

Right out of the blocks, House Democrats are pushing a tax reform in the 114th Congress that tackles the extreme gaps between CEO and worker pay. Their maneuver could raise awareness of a CEO pay loophole so outrageous it will be hard for Republicans to defend indefinitely.

Elizabeth Warren: Our Populist Agenda -- In Her Own Words

Roger Hickey | Posted 01.05.2015 | Politics
Roger Hickey

Senator Elizabeth Warren has become the most visible leader of the growing populist movement that is uniting a new majority around an agenda for economic change. But with media visibility comes over-simplified media analysis.

A Global Disease Called Deflation

Edward Goldberg | Posted 02.16.2015 | World
Edward Goldberg

Two weeks ago I wrote a piece entitled THE 5 KEY TRENDS IN GLOBALIZATION THAT ARE CHANGING AMERICA and THE WORLD. On account of on going geo/economic ...

Extending Corporate Tax Breaks Is an Urgent Issue?

Ian Reifowitz | Posted 02.07.2015 | Politics
Ian Reifowitz

I can't accept that the major problem with our corporate tax code is that corporations need more help. I can't accept that the owners are taking home more and more while the workers take home less and less, even as they grow ever more productive on the job.

How Globalization Changed America in 2014, and What It Might Mean for 2015

Edward Goldberg | Posted 02.07.2015 | Politics
Edward Goldberg

It is the season of lists: best movies, best books, and so on. I thought I should continue a tradition I started several years ago of creating a different type of list: a geo-political-economic list -- a list of the globalization top five from an American perspective.

Here's What "60 Minutes" Should Have Reported About Infrastructure

Dave Johnson | Posted 01.26.2015 | Business
Dave Johnson

A popular proposal in Washington right now: "Fund infrastructure through corporate tax reform." Unfortunately, this is Washington/corporate-speak for letting companies off the hook for most of the up to $700 billion they owe on corporate profits they are hoarding "offshore" if they let us use a little bit of it for infrastructure.

Ben Walsh

Solving The Tech Worker 'Shortage' Is Easy: Just Pay Them More

HuffingtonPost.com | Ben Walsh | Posted 11.25.2014 | Business

Tech CEOs love to complain about a lack of skilled workers, and want the US to change its immigration policies for high-skilled workers to fix the problem. It turns out, this is a problem that doesn’t exist.

Seattle Protects the Environment and Workers Too

Carol Pierson Holding | Posted 01.20.2015 | Business
Carol Pierson Holding

Certainly, there is a strong economic argument to be made for treating employees better. Frederick F. Reichheld's 2001 study The Loyalty Effect proved that customers are loyal not so much to a store as to its employees.