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Wages

The 2016 Election and the 42 Percent

Christine Owens | Posted 10.07.2015 | Politics
Christine Owens

While presidential candidates, economists and commentators debate how to address America's low-wage crisis, one important question has been overlooked: What do the tens of millions of Americans paid less than $15 an hour -- the "42 percent" -- think about how to rebuild America's economy?

We Need to Act Now

Peter A. Georgescu | Posted 09.30.2015 | Business
Peter A. Georgescu

Business has the most to gain from a healthy America, and the most to lose by social unrest or punitive taxation. Business can start the process in two steps.

Sitting Pretty: Good-Looking People Make More Money, But It's Not All Roses

Martha T.S. Laham | Posted 09.29.2015 | Fifty
Martha T.S. Laham

To put it plainly, pretty people get paid more, and not just in occupations like modeling, entertainment, sales and marketing, and prostitution. To what extent do good looks matter in the workplace? What physical characteristics are most rewarded? You might be amazed by the answers.

Back to the Future: Our Journey to Zero Carbon, Zero Poverty World

Sharan Burrow | Posted 11.02.2015 | Green
Sharan Burrow

When our wealthiest companies can't or won't pay $177 a month in Cambodia or $110 in Bangladesh, this is just greed.

Championing the SEIU's 'Fight for $15' Wage Drive

Sherwin Sheik | Posted 09.18.2015 | Fifty
Sherwin Sheik

While increased wages will indeed lead to a major disruption of the elder care industry, it will ultimately raise the quality and availability of caregiving in America and actually reduce the cost for families in need of elder care.

Three Rules of Thumb to Raise Wages and Reduce Inequality

Sabina Dewan | Posted 09.14.2015 | Politics
Sabina Dewan

Case studies from Brazil to China, from the United States to Germany, reveal that to square higher wages and competitiveness, governments must adhere to three rules of thumb.

5 Reasons Why We Are Waiting Longer to Buy Our First Home

MoneyTips | Posted 09.14.2015 | Business
MoneyTips

The housing market has been slow to recover from the Great Recession, and one of the main reasons why is the lack of first-time homebuyers. Millennials are more likely to rent for a longer time before purchasing a home or conclude that home ownership just is not worth the expense.

Real Median Hourly Wages Continue To Drop Around The Country

The Huffington Post | Shane Ferro | Posted 09.10.2015 | Business

Things are getting worse for the American worker. A new report out by the National Employment Law Project shows declining real median wages for occup...

Felt Fair Pay

Peter A. Georgescu | Posted 09.09.2015 | Business
Peter A. Georgescu

Pay your workers enough that they feel they are being paid fairly: doesn't that sound elementary and intuitive?

Labor Unions: The Folks Who Gave You The Weekend

Dean Baker | Posted 09.08.2015 | Business
Dean Baker

There are plenty of things wrong with the labor movement. It can be overly bureaucratic. There are corrupt officials in many unions. But there should be no doubt that the country is much better off as a result of the labor movement and prospects for progressive change would be brighter if it were stronger.

Hurricane Evacuations Will Remain Tough for Many Black New Orleanians

Susan Buchanan | Posted 09.07.2015 | Business
Susan Buchanan

Bullard said it won't be easy for many African Americans to leave or return in the next big storm, whether it's under their own steam or the city's auspices.

Labor Day 2015: People Are Sticking Together and Winning Together -- Hopefully for Good

Valarie Long | Posted 09.07.2015 | Business
Valarie Long

In a country where wages have been held down by powerful corporations for decades, and where 42 percent of working people are now paid less than $15 an hour, a growing desire to raise wages is inevitable.

Labor Day 2015: Stand Together and Fight Back

Sen. Bernie Sanders | Posted 09.06.2015 | Politics
Sen. Bernie Sanders

Labor Day is a time for honoring the working people of this country. It is a time to celebrate the accomplishments of the activists and organizers who fought for the 40-hour work week, occupational safety protection and other workplace rights. These working people resisted the oligarchs of their day, fought for a more responsive democracy, and built the middle class.

A College Degree Is Increasingly Likely To Land You In Low-Wage Work

The Huffington Post | Shane Ferro | Posted 09.03.2015 | Business

Trying to get a good job is no longer as easy as pointing to a college degree on your resume (not that it was ever exactly easy). New research from th...

Empower All Americans

Peter A. Georgescu | Posted 08.26.2015 | Business
Peter A. Georgescu

What America needs is empowered citizens. We need more jobs; we need to pay the hardworking employees a fair wage. We need enough income flowing that adequately rewards the value workers create to help better educate all our children.

Disciplining Corporate Directors: The Real Culprits in CEO Pay

Dean Baker | Posted 08.10.2015 | Business
Dean Baker

More than five years after the passage of Dodd-Frank the SEC finally issued rules on disclosure of CEO pay last week. This is useful information for trends in inequality. Corporate lobbyists have spent the last five years complaining that this disclosure would impose an enormous burden.

The Freelance Economy

Richard Lorenzen | Posted 08.07.2015 | Business
Richard Lorenzen

With sites like Elance, Freelancer, and Guru, it's easy to see that many people have already turned to freelancing either to supplement their income or as a full time occupation.

Sanding Down the Rough Edges of Capitalism Is Not Enough

David Morris | Posted 08.06.2015 | Politics
David Morris

I recommend we stop using the term "contributions" to describe the campaign spending of oligarchs and start using the term they themselves often use: "investments". The very rich invest to change the rules in their favor.

The Non-Madness of the Minimum Wage

Jared Bernstein | Posted 08.03.2015 | Politics
Jared Bernstein

Low-wage workers around the country have sparked a movement for large minimum wage increases for a reason. And their proposed increases are phased in gradually over several years. It might behoove some of those commenting from the sidelines to stop calling them crazy.

Social Security Trustees Report Without the Hysteria

Dean Baker | Posted 07.27.2016 | Business
Dean Baker

For more than two decades there have been well-funded efforts to try to scare the public into supporting cuts in Social Security and/or privatizing the program. The basic story was that demographics would make Social Security unaffordable.

Money Cannot Be The God of Life: How CEO Pay Drives Inequality

Heather Gautney | Posted 07.22.2016 | Politics
Heather Gautney

Lawmakers have failed to keep the wage apace with inflation so that its value is now less than it was five decades ago.

No-Vacation Nation: Does the U.S. Government Care About American Workers?

Marina Peña | Posted 07.20.2016 | College
Marina Peña

Around summer time, many Americans look forward to a week off from work where they can unwind and spend time with their families. Yet, the reality of taking a vacation while employed is that one in four U.S. workers don't receive paid time off.

The Asinine Arguments Corporations Have Used to Block CEO-Worker Pay Disclosure for 5 Years

Sarah Anderson | Posted 07.16.2016 | Business
Sarah Anderson

When Dodd-Frank turns five years old on July 21, this simple rule will still not be in force. It may be the law of the land, but the SEC has not finalized the regulations to put it into practice.

Hard Work With Jeb Bush

Dean Baker | Posted 07.13.2016 | Business
Dean Baker

In describing his economic agenda last week, Republican president candidate Jeb Bush said that "people need to work longer hours." While he quickly tried to walk this one back, there can be little doubt that Mr. Bush meant what he said.

Jonathan Cohn

Hillary To Jeb Bush: The Problem Is CEOs, Not Their Workers

HuffingtonPost.com | Jonathan Cohn | Posted 07.13.2015 | Politics

Jeb Bush got a lot of attention last week when he suggested that Americans who want higher living standards need to work harder. During a speech o...