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Full Employment

Clinton's Time Is Now

Brent Budowsky | Posted 11.05.2014 | Politics
Brent Budowsky

If and when she announces her candidacy for president, I suggest she express her resolve to bring full employment with fair wages to America, and announce a working group including Nobel laureates and leading economic thinkers to develop bold ideas to make full employment happen.

Jobs Day! First Impressions -- A Disappointing Report, But One Month Does Not a New Trend Make

Jared Bernstein | Posted 11.05.2014 | Business
Jared Bernstein

In a surprisingly downbeat look at last month's job market, today's jobs report shows payrolls up only 142,000 in August, a downward revision to June's gain, flat weekly hours, and a slight tick down in the labor force.

The Tradeoff Between Inflation and Unemployment: What We Don't Know Can Hurt Us

Jared Bernstein | Posted 09.27.2014 | Business
Jared Bernstein

To assert that economists are having trouble figuring out the relationship between inflation and unemployment is like saying chefs can't figure out what to do with salt and pepper. It's that fundamental. Yet, we're befuddled, and that has powerful policy implications.

Build a 21st Century Economy? GOP Stalls Even the Highway Bill.

Roger Hickey | Posted 09.12.2014 | Politics
Roger Hickey

Conservatives have blocked every significant plan for investing in jobs and growth since the stimulus. They claim they have an alternative, but their program has so damaged the recovery it deserves to be called what it is: economic sabotage.

Full Employment via Reindustrialization

Harry L. Langer | Posted 08.03.2014 | Business
Harry L. Langer

The primary reason for U.S. structural unemployment, economic stagnation, adverse balance of trade, and shrinking revenues is the export of our industries, services, and R&D and reliance on the importation of low tech goods.

'The Main Street Plan' -- How the Federal Reserve Can Put America Back to Work

Tom Pappalardo | Posted 07.22.2014 | Business
Tom Pappalardo

The focal point of it is for the Federal Reserve Bank to make available to member banks very inexpensive money on the condition that this money be used for business growth and expansion in America. This money must include the hiring of long-term unemployed workers.

Is Full Employment Still Attainable?

Kimon Valaskakis | Posted 04.21.2014 | Politics
Kimon Valaskakis

In a previous post, I focused on the growing danger of extreme income inequality in the world today. A complicating factor is that as more people are ...

Ownership -- The Minimum Wage Replacement

Gary Reber | Posted 04.13.2014 | Politics
Gary Reber

Whether or not raising the minimum wage is harmful and will cause less employment should be discussed within the larger scope of economic inequality. ...

Economic Inequality: The Widening Gap Between Rich and Poor

Gary Reber | Posted 03.21.2014 | Politics
Gary Reber

President Obama, in a speech in December 2013, called income inequality a bigger threat to the United States economy than the federal budget deficit, ...

To Fix the Problem of Inequality, Fight for Full-Employment

Roger Hickey | Posted 03.07.2014 | Politics
Roger Hickey

Conservative populism becomes most powerful, as we saw in the last mid-term election in 2010, when liberal politicians ignore the fundamental nature of the economic crisis and leave the field to conservatives on the issue that voters care most about: jobs.

How to Reverse the Increasing Reliance of Low-Wage Workers On Billions in Aid and Restore Economic Growth

Gary Reber | Posted 01.23.2014 | Politics
Gary Reber

The low wages paid to fast-food workers are costing taxpayers $7 billion a year in public assistance, according to a study released October 15, 2013 b...

A Solution to Eroding Retirement Security

Gary Reber | Posted 01.23.2014 | Politics
Gary Reber

Why are we not addressing how the system facilitates greed capitalism and envy while concentrating productive capital ownership among the 1 to 10 percent of the population?

The Wrong Deficit: Full Employment Requires More Spending and More Borrowing, Not Less

Tim Koechlin | Posted 01.23.2014 | Politics
Tim Koechlin

President Obama has, unfortunately, embraced the faulty premise that deficit reduction should be a top priority. He, along with a chorus of deficit hawks, longs for a "grand bargain" that would get the debt and the deficit "under control."

Dr. King, Full Employment, and Some Provocative Wage Trends

Jared Bernstein | Posted 10.28.2013 | Business
Jared Bernstein

There's a ton of interesting analysis out in recent days on the quite explicit though often under-appreciated economic thrust of the March on Washington that took place half-a-century ago today. Economist Joseph Stiglitz and others note the lack of black progress on many key variables: income, poverty, wealth, employment. Richard Reeves adds an important and trenchant analysis of the black mobility gap. I agree with these facts, but want to add an additional, simple point which is in danger of getting overlooked: the evidence shows the Dr. King was right. Full employment is a substantial part of what it will take to achieve economic justice.

Full Employment and Annual Hours Worked

Jared Bernstein | Posted 08.27.2013 | Business
Jared Bernstein

When the job market really tightens up, at least two good things tend to occur for less affluent working families: they find more hours of work at higher hourly wage rates. And the least well-off benefit the most.

I Ask Again: Is Technology Blocking the Path to Full Employment?

Jared Bernstein | Posted 08.14.2013 | Politics
Jared Bernstein

Is an acceleration in labor-saving technology displacing workers in a historically unique and problematic manner? Most economists say no, because they're all hung up on evidence and history -- imagine that.

Don't Cut, Invest! Why the Obama Administration Should Support a Federal Job Guarantee Program

Alan A. Aja | Posted 05.12.2013 | Black Voices
Alan A. Aja

The Obama administration should ignore the irresponsible narrative of austerity-economics. The president holds the mandate, given overwhelming support from the African Americans and Latinos during re-election bid, to combat persistent unemployment in these communities.

Letter to the President

Allan Brawley | Posted 03.26.2013 | Politics
Allan Brawley

We cannot have millions of Americans living in dire poverty -- many working full-time -- while the tax-dodging elite purchase bigger and better yachts, more private jets, countless offshore havens, and the best lobbyists and lawmakers that money can buy.

How to Get to Full Employment Despite the Political Constraints: Robert Pollin Explains the Economics

Anis Shivani | Posted 10.14.2012 | Books
Anis Shivani

A short new book by Robert Pollin, Back to Full Employment, offers some much-needed clarity as we head into the election season with unemployment still hovering unacceptably at over 8 percent.

Full Employment Needs To Be A National Priority Once Again

Allan Brawley | Posted 10.10.2012 | Politics
Allan Brawley

A new book by an award-winning journalist, Timothy Noah, draws on a broad range of social science research to illuminate the magnitude and causes of the growing income disparity between the most affluent segment of American society and everyone else.

Obama-Clinton Wins Big

Brent Budowsky | Posted 09.25.2012 | Politics
Brent Budowsky

Barack Obama would bend the curve of history by bringing the first woman to the vice presidency, thrilling countless women across the nation and around the world while reassuring voters, male and female, young and old, from Florida to Ohio.

Rich Countries Need 17 MILLION Jobs

AP | By EMMA VANDORE | Posted 05.25.2011 | Business

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Reality Check

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

Congress excels at setting lofty goals that it is certain to forget or ignore. But we've got an economy where corporate profits are up, bank profits are up, inequality is rising -- and there are no jobs. This cannot become the new normal.

Why President Obama Gets My Vote As A Spiritual Warrior

Anne Naylor | Posted 11.17.2011 | Healthy Living
Anne Naylor

You have probably heard the expression that people "battle cancer". In this sense, the spiritual warrior uses their human spirit to deal with the challenges and difficulties that he or she meets.