States that Boost the Minimum Wage Have Less Job Loss in a Recession
A new study finds that when states raised the minimum wage in recent recessions, their economies suffered less job loss than those that did not (click on chart at left to expand).
A new study finds that when states raised the minimum wage in recent recessions, their economies suffered less job loss than those that did not (click on chart at left to expand).
Sen. Jay Rockefeller (D-W.Va.) cut straight to the chase Friday at a Bring Jobs Home roundtable in Charleston.
We now give tax incentives for people who move jobs offshore. That's just about the dumbest thing I've ever heard.
A new report from the International Labor Organization (ILO) and the World Bank examines countries’ jobs-related policy responses to the recent global financial and economic crisis. The report, "Inventory of Policy Responses to the Financial and Economic Crisis," demonstrates how governments across the globe and of all income levels used labor market interventions to limit the economic and social impacts of the crisis and spur employment, household income and economic growth and reduce poverty.
Just over a year ago, the 2010 midterm elections saw Republicans seize control of both branches of the legislatures in 11 states. Then, while talking up the notion of job creation, they set about cutting their state and local public workforces with a ferocity unseen in decades. The most recent numbers, according to the Roosevelt Institute, are stark.
The 11 states are Alabama, Indiana, Maine, Michigan, Minnesota, Montana, New Hampshire, North Carolina, Ohio, Pennsylvania and Wisconsin. Together, they eliminated 87,900 state and local public jobs—more than 40 percent of the total cut.
Businesses are not creating jobs for one simple reason, says Jan Eberly, assistant treasury secretary for economic policy: lack of demand for the products those businesses make or sell.
A new report shows that more than 18,000 of the nation’s busiest bridges clustered in the nation’s metro areas are rated as “structurally deficient.” Overall, there are some 70,000 structurally deficient bridges, but those in the metro areas carry 75 percent of the traffic that must cross a deficient bridge each day, according to the report from Transportation for America.
If you listen to anti-worker politicians on the right, you’d think the answer to the nation’s ills lies in tax cuts, and not just the extension of the Bush tax cuts for America’s wealthiest human citizens. Corporate tax cuts are often hailed as the solution to America’s jobs crisis.
So, Congress this week passed a budget bill that did nothing to address the nation’s jobs crisis.