Job-Related News

                                                                                                                                                                                               February 2, 2024

Unemployment data–January 2024  Charts Related to BLS Employment Release Tracking the Post-Great Recession Economy: CBPP Chart Book [updated 1/24]  Top Charts of 2022 EPI   Top ten charts 2023 AEA

Baker, CEPR 2/2/2024 “The January jobs report removed any immediate concerns about a weakening labor market…..Wage growth also appears to have picked up, with the average hourly wage increasing at a 5.4 percent annual rate over the last three months…..We saw extraordinarily rapid productivity growth over the last three quarters of 2023, with an average growth rate over this period of 3.9 percent. While there is no way that productivity will continue to grow at this pace, three strong quarters do raise the serious possibility that we are on a stronger growth path…..we should expect wages to outpace inflation, by more than productivity, for at least some period of time, if workers are to reverse the shift to profits that occurred during the pandemic…..We should take the January jobs numbers as evidence that the labor market remains strong but hold off panicking about inflation getting reignited.”

EPI jobs blog, 2/2/24: Elise Gould: “A strong labor market continues into 2023 with 353,000 jobs added in January, according to the latest @BLS_gov data. It’s a strong start to the year, up from average job growth of 255,000 per month in 2023 (a bit down from originally reported because of the benchmark revisions). ….YoY nominal wage growth ticked up a bit. The gap between prod/nonsupervisory—roughly the lower 80% of the wage distribution—and overall wage growth narrowed in the last year. Nominal wage growth is consistent with inflation and productivity growth and clawing back labor share. Heidi Shierholz: “Wondering how to square January’s very strong job growth (+353,000) with all the talk of high-profile layoffs? NORMAL CHURN. That 353,000 is a *net* number. It was likely the result of something like 6.2 million hires, 1.55 million layoffs, and 4.3 million quits.

Reklaitis, Marketwatch 2/2/24 “‘The best part of the blockbuster number is how widespread the hiring has become. It’s broadened into categories such as professional services, scientific and technical services, manufacturing, and though small, a gain in much-needed social assistance workers,” said Robert Frick, corporate economist with Navy Federal Credit Union, in a statement. “This shows a growing labor market reflecting a broad-based economic expansion, and not just recoveries in a few sectors such as healthcare and government.’” Bartash, Marketwatch 2/2/24 “The U.S. added a gargantuan 3 million jobs in 2023. That’s the largest increase in hiring since 1999 if the pandemic recovery years of 2021 and 2022 are ignored. It wasn’t supposed to happen. But it did.”

DePillis, Smialek, Smith NYT 2/2/24 “The United States delivered a much-bigger-than-expected batch of jobs last month, adding further evidence that the economy still has plenty of steam….Job gains remain rapid, unemployment is near a historic low and wage gains are robust nearly two years into the Federal Reserve’s campaign to cool the economy with higher interest rates — an outcome that has surprised policymakers and economic forecasters alike. At this time last year, Fed officials were predicting that unemployment would have spiked to 4.6 percent by now. Instead, it stands at 3.7 percent. ….This jobs report also shows that the recent good news on productivity may keep coming. Average wages rose more than expected, but the average workweek shrank a bit too. That gives a hint that employers may be finding ways to “do more with less…..We have become so used to these low jobless rates that the news seems routine. But it is impressive by modern standards: The unemployment rate has been below 4 percent for 24 months, an over 50-year record.”

ZeroHedge 2/2/24: “…while the US allegedly added 353K jobs, and employment dropped by 31K, full-time jobs actually declined by 63K and part-time jobs surged by 96K…”

Baker and Cai, Masking Real Unemployment: The Overall and Racial Impact of Survey Non-Response on Measured Labor Market Outcomes, 3/21

American Capitalism Has Produced Its Most Remarkable Innovation Yet: Breadlines  Savage, Jacobin 5/23  “As one commentator succinctly put it: ‘1) Too many people have jobs so the [Federal Reserve] raises rates to boost unemployment in the name of taming inflation. 2) People lose their jobs, making them need food stamps. 3) Politicians demand those same people get jobs to be eligible for food stamps, but the jobs are now harder to get.'” See a Bloomberg report on lines at food banks. One such line outside a Boston Red Cross facility “stretched the length of two football fields.”

Bivens, EPI 8/21 The promise and limits of high-pressure labor markets for narrowing racial gaps. This paper explores the promise and limits of high-pressure labor markets in reducing racial labor market gaps and how too-slack labor markets have helped thwart progress in closing the gaps. It then draws lessons from these investigations for policymakers.

Bivens & Shierholz, EPI 12/18 What labor market changes have generated inequality and wage suppression?

Equitable Growth Research showing rising mortality rates among white Americans suggests that increasing economic insecurity for this group may play a role in increasing mortality. New research shows that one form of insecurity—higher unemployment rates—is strongly associated with higher opioid death rates. The paper, … a National Bureau of Economic Research working paper, looks at the connection between unemployment and opioid abuse.

The EMRATIO [the ratio of employed to the the civilian noninstitutional population aged 16 years and over]  that is employed.has not fully recovered its pre-crisis level.

Labor force participation rate [labor force as a % of civilian noninstitutional population] recovery since the recession by age, Fed. Res., St Louis. Note: except for those 55 and over, labor force participation rates have not yet recovered pre-crisis levels. 9/19 data.

Full-time workers:

Many older workers have difficult jobs that put them at risk Working longer is not a viable solution to the retirement crisis, Morrissey, EPI 5/23

Worker Rights and Wages Policy Watch, EPI

Blue Collar Jobs Tracker, CEPR

Job Openings Rise in December But Quits Tell the Real Story Mishtalk, 1/24

Union Reformers Made Labor History in 2023. They’re Just Getting Started, Eidlin, In These Times, 1/24

Why Criminal Justice Reform Is Becoming a Corporate Priority, Maddox DMag. 9/23

New Data on Formerly Incarcerated People’s Employment Reveal Labor Market Injustices, Wang & Bertram, Prison Policy Initiative 9/22

The impact of the Raise the Wage Act of 2023, Zipperer, EPI 7/23

Could 300,000 Job Openings Be Fake? Here’s Why Goldman Thinks They Might Be, Saul, Forbes 5/23

Racial Differences in Unemployment Insurance, Ananat & Gassman-Pines, EconoFact 4/23

Employment of “People with a Disability” Spiked to Record in Hot Labor Market,  Richter, Wolf Street 2/3/23

Union membership rate 10.1% in 2022, down from 10.3% in 2021, but numbers up 1/23

Workplace Fatalities Hit Highest Rate Since 2016, Wells, Mfgnet 12/22

As Fed Pushes to ‘Get Wages Down,’ Study Shows CEO Pay Has Soared by 1,460% Since 1978 Workers pay rose by 18.1% between 1978 and 2021, Johnson, Common Dreams, 10/22

On the Clock and Tracked to the Minute, Kantor & Sundaram, NYT 8/15/22 “Offline work–doing math problems…reading printouts, thinking–didn’t register…”

Black Youth: More Likely to Need a Job, Less Likely to Get One, CEPR 8/22

Most Price Increases from Inflation Have Gone to Corporate Profits The inflation panic is causing some Democrats to pivot from social spending to deficit reduction. That’s exactly the wrong approach. / In These Times 5/22

Botched policy responses to globalization have decimated manufacturing employment with often overlooked costs for … workers of color, Scott etal, EPI 1/22

Union membership resumes its fall, Henwood, 1/22

Record number of minimum wage increases set for 2022, Gonzalez, Axios 12/21

The Great Escape The most vulnerable people in America have started the closest thing we’ve seen in a century to a general strike. Dayen, TAP 11/21

A record number of workers are quitting their jobs, empowered by new leverage Rosenberg, Wash.Post, 10/21

Quantifying the Impact of the Fight for $15: $150 Billion in Raises for 26 Million Workers…, Lathrop, Lester, & Wilson, NELP 7/21

The Bureau of Labor Statistics Counted Only Eight Strikes in 2020, Payday Report Counted 1,200, Leon & Elk, INET 7/21

Reforming unemployment insurance, EPI 6/21

Identifying the policy levers generating wage suppression and wage inequality, Mishel & Bivens, EPI 5/21

Is Unemployment Insurance Behind the Fast-Food Labor Shortage? In reality, it’s the low pay and abysmal working conditions, Sainato, TAP 5/21

The Black-White Wage Gap Is as Big as It Was in 1950, , NYT 6/20

Bosses in the US Have Far Too Much Power to Lay Off Workers Whenever They Feel Like It, Sheehan, Jacobin, 6/20

Obsession With Fraud Sabotages U.S. Aid to Millions Without Jobs, Kochkodin, 5/20 Bloomberg

Replacing workers has many costs, Carleton, Conversation 4/20

You’re the Real Job Creator: An interview with Stephanie Kelton, N+1 4/20

What the historically low U.S. unemployment rate means for women workers, Cumming, Equitable Growth, 3/20

The Robots Are Not Coming, Henwood, Jacobin 2/20

Low-wage work is more pervasive than you think” Ross & Bateman, Brookings, 11/19

Labor Historian Staughton Lynd’s Book Is Embraced by Google Workers and Uber Drivers, 10/19

The Military-Industrial Jobs Scam, Tomgram: Harris, Stimpson, and Freeman, 8/19

Black workers are being left behind by full employment, Perry, Brookings 6/19

Want to decrease suicide? Raise the minimum wage, researchers suggest, Cerullo, CBS News, 4/19

The Bogus Justification for Worker Non-Compete Clauses, Vaheesan, On Labor 4/19

Major Work Stoppages in 2018, BLS 2/19

Updated employment multipliers for the U.S. economy, Bivens, EPI 1/19

“…one new manufacturing job in the U.S. results in 7.4 new jobs in other industries. Whereas one new retail job creates just 1.2 new jobs.The only two industries with higher indirect job losses are utilities (9.6 to 1) and real estate and rental leasing (8.8 to 1).” J. Bivens, EPI GRAPHIC 1/19

How shareholder profits conquered capitalism – and how workers can win back its benefits for themselves, Brennan, Conversation, 10/18

Standards Go Out The Window As Employers Struggle To Fill Jobs,

Anti-Union Measure in Missouri Loses by Massive Margin, Baker, CEPR 8/18

Mystery of the Underpaid American Worker, Lindorff, Counterpunch 8/18

Huge Increase in Large Work Stoppages Seen in 2018, Dirnbach, Medium, 7/18

The economy is hot, yet many U.S. workers feel left behind. A new report sheds some light, Van Dam, Wash Post

“In total, RTW laws have led to a 14.2% increase in occupational mortality through decreased unionisation.” Does ‘right to work’ imperil the right to health? The effect of labour unions on workplace fatalities, Zoorob Occup. Envir. Med. 6/18

Disability applications plunge as the economy strengthens, Schwartz, CNBC 6/18

Grand Theft Paycheck: wage theft is pervasive in Corporate America. Good Jobs First, 6/18

Contingent and Alternative Employment Arrangements —MAY 2017, BLS 6/18

Federal investigators this month identified the largest cluster of advanced black lung cases ever officially recorded.

Medicaid Work Requirement Would Harm Unemployed, Not Promote Work, Katch, CBPP 1/18

Seattle’s $15 Minimum Wage Experiment Is a Success, 1/18

Union membership rate, at 10.7%, is unchanged in 2017, BLS 1/18

German workers strike for right to two-year, 28-hour working week: metalwork union’s campaign to improve work-life balance, 1/18

Minimum wage hikes in 18 states set for new year, The Hill, 1/18

Employment Hysteresis from the Great Recession, Yagan NBER 9/17

Employment in Europe and the US: the EU’s remarkable strength, Darvas & Pichler, Bruegel 9/17

Where Have All the Workers Gone? An Inquiry into the Decline of the U.S. Labor Force Participation Rate, Krueger, Brookings 9/17

How today’s unions help working people: Giving workers the power to improve their jobs and unrig the economy, Bivens et al, EPI 8/17

US Opioid Use Linked To Unemployment
, Moreno, ibtimes, 8/17 NBER study

New Report Finds Corporate Tax Cuts Boost CEO Pay, Not Jobs, Anderson, IPS 8/17

Macroeconomic Conditions and Opioid Abuse, Hollingsworth et al, NBER 2/17

Why I Dissented, Kashkari explains his vote at FOMC 3/17

‘Superstar Firms’ May Have Shrunk Workers’ Share of Income, Cohen, NYT 3/17

Falling Labor Force Participation: Demographics or Lack of Jobs? Dantas & Wray 2/17

Union membership rate in 2016 is 10.7%, down from 11.1% in 2015  BLS, 1/17 CEPR

 Economic Realities in America: By The Numbers, Pearle ABC News 1/17

American Marriage in the Time of the Recession, Campbell, Atlantic 11/16

The U.S. Job Recovery Is a Global Laggard,  Kocherlakota, Bloomberg, 10/16

Happy Labor Day! There Has Never Been a Middle Class Without Strong Unions, Schwarz, Intercept 9/16

The State of the Unions 2016: A Profile of Organized Labor in NYC, NYS, & the US, Milkman and Luce, Murphy Ctr for Worker Education, 9/16

Black Workers, Unions, and Inequality  Bucknor, CEPR 8/16

When workers don’t get paid sick days, everyone else is more likely to get sick, Paquette, Wash. Post, 8/16

‘Middle class’ used to denote comfort and security. Not anymore Quart, Guardian 7/16

“There are three main reasons the vaunted economic recovery still feels false to so many. The first is the labor participation rate, which plunged at the start of the Great Recession and discounts the millions of Americans who have been out of work for six months or more. The second is “the 1099 economy,” … the soaring number of temps, contractors, freelancers, and other often involuntarily self-employed workers. The third is a surge in low-wage service jobs, coupled with a corresponding decrease in middle-class jobs.” Why America’s impressive 5% unemployment rate feels like a lie for so many Kendzior, Quartz 4/16

Business Leaders Have Abandoned the Middle Class, Haque, HBR, 6/16

Producing Poverty: The Public Cost of Low-Wage Production Jobs in Manufacturing Berkeley Labor Ctr 5/16

Report of 10,000 severe workplace injuries might be only half the problem, Wash. Post, 3/16

The missing puzzle piece of the global economic recovery is finally falling into place, Bird 6/15

State, Met. Area Employment and Unemployment Data, BLS

The Missing Piece of the Global Recovery

Interactive map: Unemployment rates by state, BLS

International Labor Comparisons, BLS

At “cheap” comes at a very hefty price, Hightower 8/14

Report Uncovers the Real Costs of Outsourcing Public Services, JwJ 3/14

Do You Have Job Fear? What’s Why We Need Full Employment, Johnson CAF 8/13

Millions of Americans live in extreme poverty, Matthews, 5/13

Going Nowhere: Workers Wages since the Mid-1970s, TCF, 1/13

How Do States’ Safety Net Policies Affect Poverty? Wheaton et al, Urban Instit, 9/11

Who Has Benefitted from the Post-Great Recession Recovery? Sum &McLaughlin 7/11

How Government spent your income taxes, National Priorities Project

International Unemployment Rates and Employment Indexes 2008-2009, BLS

How America Can Create Jobs, Andy Grove, Intel, BW 7/10

SF Labor Council demands U.S. enforcement of treaties & laws ensuring Full Employment, Right to a Job & Union Rights, 3/10

How a New Jobless Era Will Transform America, D.Peck,, Atlantic, 3/10

Unions and Other Community Groups Benefit Local Economic Development 8/09

U.S. Economic Output Recession of 2007-2009: The Role of Corporate Job Downsizing, Work Hour Reductions, Labor Productivity Gains, and Rising Corporate Profits Ctr for Labor Market Studies:  Sum & al, 7/10

Welfare Aid Isn’t Growing as Economy Drops Off, NYT, 2/09

Illegal Firings During Union Election Campaigns, CEPR 3/09

Conference Board Employment Trends Index

The Good, The Bad, and the Ugly: Job Quality in the United States over the Three Most Recent Business Cycles, Schmitt, CEPR, 11/07

No-Benefit Jobs Leave Parents Struggling, H. Boushey, Sojourners, S/O 07

Unemployment may depress immune function, 4/07

Data–employment, earnings, family income, hours, prices, unionization

Finding the better fit: Receiving unemployment insurance increases likelihood of re-employment with health insurance, Heather Boushey

Ownership Society–Social Security Is Only the BeginningWray, Levy Inst.

Millions of Working People Don’t Get Paid Time Off for Holidays or Vacation , EPI, 8/05

Injuries to All [workplace injuries]

Government Budget Calculator, CEPR

The Rise in Job Displacement, 1991-2004, Crisis in Manufacturing, CEPR, 8/04