The Fed, full employment, African-Americans, and an event that brings it all together
Continue reading Jared Bernstein: Unemployment, Black Unemployment and The Fed
Tag Archives: Pay
US unemployment at lowest since 2008 – but young people still can’t find work
On Friday, the jobless rate dropped to 5.5%, the lowest in seven years. But youth unemployment is rising – and some young people need all the help they can get
Continue reading US unemployment at lowest since 2008 – but young people still can’t find work
Jared Bernstein analyses: #jobs, #pay, inflation, and the #TPP
I’m a bit behind on curating Jared Bernstein’s posts. I am merging three separate, but related, posts from the past week into one long blog. Continue reading Jared Bernstein analyses: #jobs, #pay, inflation, and the #TPP
Where jobs, wages and the economy really are
First, the Huffington Post’s assessment:
For Some Who Are Back At Work, Positive Jobs Report Doesn’t Tell The Full Story
Continue reading Where jobs, wages and the economy really are
Jared Bernstein: A deeper dive into the weeds of the CBO household income data
Jared Bernstein
November 25, 2014
Yesterday, I published a report by myself and Ben Spielberg analyzing the Congressional Budget Office’s comprehensive data series on household income. Here we dive a bit deeper into some of the weeds, expanding on some of our findings.
One motivation for our report was to correct the record of those who claim that the trend of increasing income inequality is significantly reduced when accounting for government taxes and transfers. In fact, as we show, between 1979 and 2011, inequality measured by the Gini coefficient rose 24% based solely on market outcomes and by 22% based on CBO’s comprehensive, post-tax and transfer income data.
Continue reading Jared Bernstein: A deeper dive into the weeds of the CBO household income data
Poll: Public Has ‘Pulled Back’ From Dems On The Economy
NOVEMBER 18, 2014
A new poll has some disturbing news for Democrats: the country defers to Republicans rather than Democrats when it comes to the economy. Continue reading Poll: Public Has ‘Pulled Back’ From Dems On The Economy
Over 50 and once successful, jobless Americans seek support groups to help where Congress has failed | Money | The Guardian
Friday 7 November 2014
When she lost her job, Lisa Casino-Schuetz fell into a depression. Then she felt the deepest fear she had ever experienced. Continue reading Over 50 and once successful, jobless Americans seek support groups to help where Congress has failed | Money | The Guardian
The Cheapest Generation | The Atlantic
Why Millennials aren’t buying cars or houses, and what that means for the economy
In 2009, Ford brought its new supermini, the Fiesta, over from Europe in a brave attempt to attract the attention of young Americans. It passed out 100 of the cars to influential bloggers for a free six-month test-drive, with just one condition: document your experience online, whether you love the Fiesta or hate it.
Young bloggers loved the car. Young drivers? Not so much. After a brief burst of excitement, in which Ford sold more than 90,000 units over 18 months, Fiesta sales plummeted. As of April 2012, they were down 30 percent from 2011. Continue reading The Cheapest Generation | The Atlantic
Living the #GreatRecession: Notes from our new digs…
We moved to an apartment complex last month from the condo we’d lived in for the last five years. Continue reading Living the #GreatRecession: Notes from our new digs…
All The Wealth The Middle Class Accumulated After 1940 Is Gone
Here’s more proof the middle class is dying.
Continue reading All The Wealth The Middle Class Accumulated After 1940 Is Gone