Another strong jobs report: Unemployment has remained at or below 4% for 28 months running
Working Economics Blog
by EPI Staff
1w ago
Below, EPI senior economist Elise Gould offers her insights on the jobs report released this morning, which showed 303,000 jobs added in March. Read the full thread here.    Strong #jobsreport out this morning with great news from both #BLS surveys. Payroll survey shows 303,000 jobs added in March along with normalizing nominal wage growth. The household survey finds mild improvements in the unemployment rate as participation and employment rise. pic.twitter.com/d9s8Rjg9gy — Elise Gould (@eliselgould) April 5, 2024 While both surveys are telling a similar story of a strong labor m ..read more
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Loc-ing students out: Darryl George, the CROWN Act, and the need to combat racial discrimination in the classroom
Working Economics Blog
by Jasmine Payne-Patterson
2w ago
This piece was published in collaboration with the Albert Shanker Institute. For some students and workers, hair is a trivial wardrobe decision, while for many Black and Brown people, their hairstyle can be a consequential element of class participation and a job offer. School dress codes and “business appropriate” dress often put high stakes and severe restrictions on how Black and Brown people can express their culture and identity through their hair. Over the last several years, lawmakers in 24 states have sought to combat this problem by passing the “Creating a Respectful and Open Wor ..read more
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Middle-out economics is good for workers, their families, and the broader economy
Working Economics Blog
by Heidi Shierholz
1M ago
This piece was originally published in Democracy Journal.  In the decades following World War II, the U.S. economy thrived. Economic growth was strong and the fruits of that growth were broadly shared. Not everything in the economy was perfect in the 1950s and ’60s—far from it. There were massive inequities by race and gender, marked by the exclusion of people of color and women from countless labor market opportunities. Nevertheless, a crucial dynamic was in place: As the economy grew, workers all across the wage distribution—low-wage, middle-wage, and high-wage—saw gains. Racial and gen ..read more
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The estate tax should help to level the playing field. Instead it’s letting the rich get richer.
Working Economics Blog
by Amy Hanauer, Naomi Walker
1M ago
This is an excerpt from an op-ed that originally published in CNN. Read the full op-ed here. The federal estate tax should be an effective tool to slightly level the playing field between those who inherit wealth and those who have to work for a living. It should also ensure that family dynasties who’ve amassed enormous fortunes pay their fair share in taxes. But because policymakers have repeatedly doubled and tripled the immense sums that can be passed on before the tax kicks in, the estate tax today affects almost no one. The estate tax exemption—the value of an estate that a ..read more
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Gender wage gap persists in 2023: Women are paid roughly 22% less than men on average
Working Economics Blog
by Elise Gould
1M ago
March 12 is Equal Pay Day, a reminder that there is still a significant pay gap between men and women in our country. The date represents how far into 2024 women would have to work on top of the hours they worked in 2023 simply to match what men were paid in 2023. Women were paid 21.8% less on average than men in 2023, after controlling for race and ethnicity, education, age, and geographic division.  There has been little progress in narrowing this gender wage gap over the past three decades, as shown in Figure A. While the pay gap declined between 1979 and 1994—due to men’s stagnant wag ..read more
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What’s behind the corporate effort to kneecap the National Labor Relations Board?: SpaceX, Amazon, Trader Joe’s, and Starbucks are trying to have the NLRB declared unconstitutional—after collectively being charged with hundreds of violations of workers’ organizing rights
Working Economics Blog
by Celine McNicholas, Lynn Rhinehart
1M ago
Workers want unions now more than they have in a generation. Evidence suggests more than 60 million non-union workers would like a union at their workplace. The National Labor Relations Board (NLRB)—the agency established by Congress in 1935 to protect workers’ organizing rights—is handling more union representation elections and unfair labor practice charges than they have in years. So how have companies responded to this surge in worker organizing? Some have honored their workers’ choice and tried to start a positive labor-management relationship, as Microsoft, New Flyer, Ben & Jerry’s ..read more
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Job Openings and Labor Turnover Survey: Labor market remains strong—but not hot
Working Economics Blog
by EPI Staff
1M ago
Below, EPI senior economist Elise Gould offers her insights on today’s release of the Job Openings and Labor Turnover Survey (JOLTS) for January. Read the full thread here. Today’s JOLTS report reflects the revisions that were made to the CES employment data in their annual benchmarking process. According to their comparison tables found in the report (see https://t.co/dXEZgZoGFw), revised rates were little changed from the original data reported. — Elise Gould (@eliselgould) March 6, 2024 As with the hires rate, the quits rate ticked down a bit. The fast churn in the immediate aftermath of ..read more
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Immigrants are not hurting U.S.-born workers: Six facts to set the record straight
Working Economics Blog
by Daniel Costa, Heidi Shierholz
2M ago
The immigrant share of the labor force reached a record high of 18.6% in 2023, according to our analysis of Current Population Survey (CPS) data from the Bureau of Labor Statistics.1 Anti-immigration advocates have been out in full force, using this as a talking point for deeply misguided commentary and analysis that roughly translates to “immigrants are taking all our jobs.”  The reality is that the economy does not have a fixed number of jobs, and what we see today is a growing economy that is adding jobs for both immigrants and U.S.-born workers. Here are six key facts that show immigr ..read more
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Data show anti-union ‘right-to-work’ laws damage state economies: As Michigan’s repeal takes effect, New Hampshire should continue to reject ‘right-to-work’ legislation
Working Economics Blog
by Elise Gould, Jennifer Sherer
2M ago
Key findings: Data show that states with so-called “right-to-work” (RTW) laws have lower unionization rates, wages, and benefits compared with non-RTW states. On average, workers in RTW states are paid 3.2% less than workers with similar characteristics in non-RTW states, which translates to $1,670 less per year for a full-time worker. Claims that weakening unions will lead to state job growth have proven inaccurate. There are no measurable employment advantages between RTW and non-RTW states. This week, Michigan’s 2023 repeal of a so-called “right-to-work” (RTW) law takes effect. Meanwhil ..read more
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Child labor remains a key state legislative issue in 2024: State lawmakers must seize opportunities to strengthen standards, resist ongoing attacks on child labor laws
Working Economics Blog
by Nina Mast
2M ago
Child labor remains a top issue in 2024 state legislative sessions amid soaring violations and widespread abuse of child labor laws in multiple sectors of the economy. On one hand, the coordinated, industry-backed effort to roll back child labor protections state by state has continued to expand. At the same time, some state legislators are proposing legislation to strengthen the rights of young workers and the laws designed to safeguard their health and education. Since 2021, 28 states have introduced bills to weaken child labor laws, and 12 states have enacted them. By contrast, 14 states ha ..read more
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