By FRANK STRICKER There was bad news about the economy in April. However, some of the bad news was really about the good news that the economy is opening up, and people and businesses wanted to buy more stuff. Let’s look at the details. Higher Inflation The consumer price index (CPI) rose 0.8 percent in… Read More Inflation Threat: How Bad Are Recent Job and Inflation Reports?
In the spring of 2015, Southern California Edison had employees training their replacements. The replacements were immigrants in the U.S. under the H-1B program that is supposed to be about importing skilled workers when employers cannot find skilled workers at home. So my nephew Bob has been watching the presidential campaign. He knows that each… Read More Do Skill and School Deficits Explain Why We Don’t Have Enough Good Jobs?
JANUARY 2016 Unemployment Data–the Full Count* (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 4.9%* White 4.3% African American 8.8% Hispanic 5.9% Asian** 3.7% Persons with a disability** 10.8% Men 20 years and over 4.5% Women 20 years and over 4.5% Teens (16-19 years) 16.0% Black teens 25.2% Officially unemployed 7.8 million *If… Read More Unemployment Data – January 2016
Prepared for the National Jobs for All Coalition by Charles Bell, Consumers Union; Helen Lachs Ginsburg, Economics (Emerita), Brooklyn College; Gertrude Schaffner Goldberg, Social Work, Adelphi University; Philip Harvey, School of Law, Rutgers University; June Zaccone, Economics (Emerita), Hofstra University Shared Prosperity and the Drive for Decent Work [download] URPE Joins the Drive for Decent… Read More Shared Prosperity and the Drive for Decent Work