The Well-Heeled and Our Personal Well-Being The post The Well-Heeled and Our Personal Well-Being appeared first on Inequality.org.... 1 day ago Inequality Sam Economy Matches Late 1960s Low Unemployment Streak The economy had its 27th consecutive month of below 4.0 percent unemployment in April. This matches the streak from November 1967 to January 1970, often viewed as one of the... 1 day ago Center for Economic Policy Research Adam Fishbein Jobs report shows the labor market is strong but decidedly not hot: 175,000 jobs added in April while wage growth continues to decelerate Below, EPI senior economist Elise Gould offers her insights on the jobs report released this morning. Read the full thread Key positive indicators from today’s jobs -175k jobs added in... 1 day ago Economic Policy Institute EPI Staff https://www.cbpp.org/blog/in-case-you-missed-it-698 Recently at CBPP, we focused on housing, food assistance, health, and the economy. On housing, Peggy Bailey issued a joint statement with the National Alliance to End Homelessness and National... 1 day ago Center on Budget Policy and Priorities CBPP https://www.cbpp.org/research/health/federal-rule-on-medicare-savings-programs-will-cut-red-tape-for-older-adults-and Older adults and people with disabilities who have low incomes often face challenges accessing affordable health care. Medicare Savings Programs offer them significant help with the costs of Medicare premiums... 1 day ago Center on Budget Policy and Priorities Farah Erzouki Do We Need More People? This is a line endlessly repeated in the media. Somehow, we face a terrible risk if people decide to have fewer kids. While this is the accepted wisdom in elite... 2 days ago Center for Economic Policy Research Dean Baker Wall Street’s Megabanks Have Trillions of Dollars Off-Balance Sheet, in a Replay of Accounting Hubris that Led to the 2008 Wall Street Collapse Wall Street’s Megabanks Have Trillions of Dollars Off-Balance Sheet, in a Replay of Accounting Hubris that Led to the 2008 Wall Street Collapse By Pam Martens and Russ Martens: May 2,... 2 days ago Wall Street on Parade Pam Martens The inspiring wave of student worker organizing that the Trump administration tried to stop Nearly 45,000 student workers at private colleges and universities have formed unions since 2022, seeking to bargain with their employers over wages, health care, protections from harassment and discrimination, and... 3 days ago Economic Policy Institute Lynn Rhinehart, Margaret Poydock Job openings continue to normalize to pre-pandemic levels Below, EPI senior economist Elise Gould offers her insights on today’s release of the Job Openings and Labor Turnover Survey (JOLTS) for March.... 3 days ago Economic Policy Institute EPI Staff States of the Unions: The ‘Where’ of the US Labor Movement In 2023, the share of US workers who were members of a union continued to hover at 10 percent. The union membership rate in the public sector (32.5 percent) was... 3 days ago Center for Economic Policy Research Adam Fishbein https://www.cbpp.org/press/statements/chair-stabenows-farm-bill-vision-protects-and-strengthens-snap-chair-thompsons The proposal represents an important first step toward a farm bill that protects the vital food assistance that SNAP provides to millions of children, families, older adults, and people with... 3 days ago Center on Budget Policy and Priorities Ty Jones Cox CEPR Sanctions Watch April 2024 In this edition of Sanctions Watch, covering April 2024: International Crisis Group urges negotiations, economic concessions, with Afghan government; Constituent groups and faith leaders urge SFRC Chair Ben Cardin to... 4 days ago Center for Economic Policy Research Adam Fishbein The Digital Divide is a Racial Equity Issue The post The Digital Divide is a Racial Equity Issue appeared first on Inequality.org.... 4 days ago Inequality Chris Mills Rodrigo April Jobs Preview: What to Expect in the April Jobs Report (The Employment Situation is scheduled for release by the Bureau of Labor Statistics on Friday, May 3rd at 8:30 AM Eastern Time.) The March jobs report showed the economy adding... 4 days ago Center for Economic Policy Research Adam Fishbein JPMorgan Remains the Second Largest Money Market Fund Manager, Despite Needing Billions in Money Market Bailouts from the Fed in 2020 JPMorgan Remains the Second Largest Money Market Fund Manager, Despite Needing Billions in Money Market Bailouts from the Fed in 2020 By Pam Martens and Russ Martens: April 30, 2024 ~... 4 days ago Wall Street on Parade Pam Martens Southern Autoworkers’ Union Drives Can Help Reverse Decades of Job Quality Decline The United Auto Workers recently scored the largest union victory in decades in the South. Their success at a Tennessee Volkswagen plant could be a turning point for labor in... 5 days ago Inequality Sarah Anderson Looking for a Better Paying Job? Good News The post Looking for a Better Paying Job? Good News appeared first on Inequality.org.... 5 days ago Inequality Chris Mills Rodrigo The First Bank Failure of 2024 Leaves a 1-Cent Stock for Investors and $667 Million in Losses for the FDIC The First Bank Failure of 2024 Leaves a 1-Cent Stock for Investors and $667 Million in Losses for the FDIC By Pam Martens and Russ Martens: April 29, 2024 ~ Quietly... 5 days ago Wall Street on Parade Pam Martens Bans on Non-Compete Clauses Benefit Everyone: The Case of Veterinarians This week the Federal Trade Commission (FTC) voted to ban non-compete clauses in most employment contracts. These clauses, which are now widely used, prohibit workers from working for another employer,... 7 days ago Center for Economic Policy Research Dean Baker NPR Tells Us College Students Don’t Know Much About Biden’s Student Debt Relief Programs, that’s Probably Because They Get Their News From NPR I have been complaining about for years about the media’s coverage of the economy under Biden, but this NPR piece deserves a Pulitzer in awful reporting. It tells us that... 8 days ago Center for Economic Policy Research Dean Baker Ecuador News Round-Up No. 13: Ecuador Storms the Mexican Embassy and Citizens Reject ISDS Results from Ecuador’s Referendum On April 21, Ecuadorian citizens went to the polls to vote on an 11-question referendum, 5 of which related to amendments to the Ecuadorian Constitution. President... 8 days ago Center for Economic Policy Research Adam Fishbein Some People Have All the Luck The post Some People Have All the Luck appeared first on Inequality.org.... 8 days ago Inequality Sam Recapping a great week for workers Last Friday, the United Auto Workers (UAW) scored a historic win in the South after a decade-long campaign to organize a Volkswagen plant in Tennessee.... 8 days ago Economic Policy Institute Monique Morrissey Catch and Kill Protection Rackets: Trump, Weinstein, Epstein and Wall Street Catch and Kill Protection Rackets: Trump, Weinstein, Epstein and Wall Street By Pam Martens and Russ Martens: April 26, 2024 ~ Editor’s Note: This article has been edited and updated... 8 days ago Wall Street on Parade Pam Martens Understanding Job Growth Since the Pandemic: Which Sectors are Leading the Way? The Congressional Budget Office projected in the summer of 2020 that employment would be just 2 million (1.3 percent) above its pre-pandemic level in the first quarter of this year.... 9 days ago Center for Economic Policy Research Adam Fishbein First Quarter GDP Growth at 1.6 Percent, Held Down by Trade and Inventories The Commerce Department reported that GDP grew at a 1.6 percent annual rate in the first quarter, somewhat lower than had generally been predicted. However, the headline number was held... 9 days ago Center for Economic Policy Research Adam Fishbein Wall Street’s Judge Shopping Continues: It’s Trying to Stop the FTC’s Ban on Worker Handcuffs Known as Non-Compete Agreements Wall Street’s Judge Shopping Continues: It’s Trying to Stop the FTC’s Ban on Worker Handcuffs Known as Non-Compete Agreements By Pam Martens and Russ Martens: April 25, 2024 ~ Sullivan & Cromwell,... 9 days ago Wall Street on Parade Pam Martens Explaining the Department of Labor’s new overtime rule that will benefit 4.3 million workers The U.S. Department of Labor issued a final rule today making changes to the regulations about who is eligible for overtime pay.... 11 days ago Economic Policy Institute Heidi Shierholz, Samantha Sanders The Fed Tallies Up a Big Threat to Financial Stability in the U.S.: “Runnables” at $21.3 Trillion The Fed Tallies Up a Big Threat to Financial Stability in the U.S.: “Runnables” at $21.3 Trillion By Pam Martens and Russ Martens: April 23, 2024 ~ Last Friday, the Federal Reserve released... 11 days ago Wall Street on Parade Pam Martens https://www.cbpp.org/blog/new-federal-rules-will-improve-medicaid-chip-access-across-the-country Enrollees in Medicaid and the Children’s Health Insurance Program (CHIP) will benefit from two rules finalized by the Centers for Medicare & Medicaid Services (CMS) yesterday. The rules — one... 11 days ago Center on Budget Policy and Priorities Allison Orris Older posts