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Wages

America Without Unions

Jeff Faux | Posted 04.22.2014 | Politics
Jeff Faux

It is no accident that as union strength declined, the social contract in America was systematically shredded. Yes, globalization and technology have changed the economy. But as labor weakened, both politically and on the job, business interests have been able to wring the benefits from these changes and shift the costs to workers.

Court Okays Labor Department Rule: Guestworkers Must Earn Prevailing Wages

Michelle Chen | Posted 04.18.2014 | Politics
Michelle Chen

In 2011, the Department of Labor (DOL) issued major reforms to a flagship guestworker program known as H-2B. Business groups, predictably, sued to block the regulations -- but last week, an appeals court finally put their arguments to rest.

The Good News On The Affordable Care Act

Dean Baker | Posted 02.11.2014 | Business
Dean Baker

Since we have a Congress that is unwilling to take the steps to increase demand in the labor market, the best way we may have of increasing job openings is by reducing supply.

The Affordable Care Act Will Raise Wages

Mary Manning Cleveland | Posted 04.12.2014 | Politics
Mary Manning Cleveland

Mayor DeBlasio and other good Democrats may not understand how public benefits raise wages, but their opponents sure do.

Senate Women Say: Raise The Minimum Wage!

Sen. Elizabeth Warren | Posted 04.07.2014 | Politics
Sen. Elizabeth Warren

At a time when 400 American families have more wealth than 150 million, an American single mom earning minimum wage at a full-time job takes home just $15,000 a year to support her family -- below the poverty line.

Trade Yes, But a Different Track

Larry Cohen | Posted 04.06.2014 | Politics
Larry Cohen

Voters overwhelmingly expect the TPP to be a good deal for large corporations at the expense of small businesses:

The Attack of the Robots: Economists' Silly Fantasies

Dean Baker | Posted 04.05.2014 | Business
Dean Baker

Remember the story about how the aging of the baby boomers will bankrupt us because we will have too few workers to support the surge of retired baby boomers? Now we are supposed to be worried that we won't have any work for people to do because the robots will be there to do it faster and cheaper. Either of these stories could in principle be true, but they cannot both be true.

President Obama's Inequality Story

Dean Baker | Posted 03.29.2014 | Business
Dean Baker

The question is whether President Obama is prepared to talk about inequality in a way that gets to the core of the problem as opposed to just clipping away at the edges. It's a safe bet that we will see the latter.

If I Were President . . .

William B. Bradshaw | Posted 03.27.2014 | Politics
William B. Bradshaw

If I were President of the United States -- the current President or a newly elected one -- I would immediately convene in the White House a meeting of respected and imaginative representatives of both labor and management from a wide segment of the marketplace.

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...

Walmart Day Parade. Anyone?

Richard Zombeck | Posted 03.24.2014 | Business
Richard Zombeck

We're finally having a discussion about income inequality and the enormous disparity in wealth in this country. Is it really a surprise to anyone that Walmart is the go-to example of what's wrong in this country?

Beyonce or Poverty: Which One Will Matter to Women 50 Years from Now?

C. Nicole Mason | Posted 03.15.2014 | Women
C. Nicole Mason

Although women have made tremendous gains in terms of labor force participation, access to higher education and hold more high profile positions in government and corporations than any time other time in our nation's history, they still remain at the bottom of the economic totem pole. The question is why?

Language Kathleen Parker Should Be Able To Understand

Mark Popovich | Posted 03.12.2014 | Media
Mark Popovich

More than 40 percent of people raised in the bottom 20 percent of national income remain stuck there as adults, while forty percent of those from the top income brackets stay at the top rung. Would we see such results in a true meritocracy?

Data, Privacy and Economic Station: The Data Vulnerabilities of Those Less Advantaged

Christina Gagnier | Posted 03.02.2014 | Technology
Christina Gagnier

While we have decided to protect certain classes of people (children) and information (health and financial), we may not be doing enough to protect consumers who do not have the means, or choices available to them, to protect themselves.

If You Offer My 15-Year-Old $5/hr to Babysit Your Kids, I'm Judging You

Quia Querisma | Posted 03.01.2014 | Parents
Quia Querisma

I share Jan's sentiment that today's teenagers have a colossal sense of entitlement and want grand spoils for very little effort, but there are some things I keep in perspective.

Military Turns To Prison Labor For $100 Million In Uniforms -- At $2 Per Hour Wages

The Huffington Post | Chris Gentilviso | Posted 12.24.2013 | Politics

As the Pentagon continues to grapple with budget cuts, and workers continue to cry for higher wages, a confluence of those two issues is taking shape ...

2013's Most Important Charts

Economic Policy Institute | Posted 12.21.2013 | Business

This post originally appeared on EPI.org As we say goodbye to 2013, the economy is still failing ordinary workers. What is being done to make it...

Happy Holidays to America's Young!

Douglas Holtz-Eakin | Posted 02.18.2014 | Business
Douglas Holtz-Eakin

When Uncle Bob asks you how life is post-graduation at the Christmas Eve dinner table, it's hard to answer. You're paying off $40,000 in student loans for an English degree, but working at the local coffee shop making minimum wage. Who's to blame?

COMING UP: The False Promise Of The American Economy

HuffPost Live | Posted 12.18.2013 | Politics

Despite having full time jobs, freelance gigs, and part time work, millions of Americans with jobs are barely staying afloat. We hear their personal s...

What to Pay the Babysitter

Jan Francisco | Posted 02.15.2014 | Parents
Jan Francisco

This weekend, I tried a new approach to the guessing game of paying the babysitter. I told them how much I was willing to pay for her help ahead of time, and I outlined what I expected to happen while I was gone. It was a Take It or Leave It approach, and it worked. But there was a little bit of eye-rolling when I stated that my price for three hours with two kids was $15.

The Real Opportunity Is With the Middle Class

Barbara Dyer | Posted 02.09.2014 | Business
Barbara Dyer

A fix for people at the lowest rung on the economy, while vitally important, will not provide the needed lasting solution for American economic resurgence. Rather, we should look at another glaring "inconvenient truth" - there is limited opportunity for people in the middle.

Fast Food Workers Expected To Walk Off The Job In 100 Cities Today

AP | By CANDICE CHOI and SAM HANANEL | Posted 02.04.2014 | Business

NEW YORK (AP) — Fast-food workers and labor organizers marched, waved signs and chanted in cities across the country on Thursday in a push for highe...

Everyday Low Wages at Walmart: Brought to You by Government Policy

Dean Baker | Posted 02.01.2014 | Business
Dean Baker

There is no way that a typical Walmart worker could support one or two children without help from the government. In this picture, the government is the helping hand that allows workers to make ends meet despite the bad cards dealt to them. The problem with this story is that the cards were not just dealt out randomly; there was a rigged deck.

Reality TV Workers Have Little to Be Thankful for

Michael Winship | Posted 01.27.2014 | Entertainment
Michael Winship

Working on shows like "Real Housewives of Atlanta" often means working exhausting schedules without breaks or even overtime pay.