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States that Have Raised the Minimum Wage this Year Have Faster Job Growth

States that Have Raised the Minimum Wage this Year Have Faster Job Growth

In the 13 states that saw their minimum wage rise on Jan. 1, 2014, job growth has been higher so far this year than in states where the minimum wage stayed the same. Extreme pro-business interests often argue that raising the minimum wage will lead to job losses, but once again, the evidence suggests otherwise.  The Center for Economic and Policy Research looked closely at the data and found states that raised their minimum wage increase have seen an average increase in employment of 0.99%, while the static states saw an increase of only 0.68%.

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Expanding Family and Medical Leave to Small Firms Makes Sense

Expanding Family and Medical Leave to Small Firms Makes Sense

A new report from the Center for Economic and Policy Research, Expanding Family and Medical Leave to Small Firms, takes a look at one of the most common arguments against requiring small businesses to comply with the Family and Medical Leave Act (FMLA)—that doing so would provide an undue burden on those small businesses. Not surprisingly, the anti-working families’ argument is dismissed by the evidence.

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'How Many Missing Workers' and 8 Other Important Economic Stories You Might Have Missed

A lot of new research about the economy has been released in recent weeks from the Economic Policy Institute (EPI), the Center for Economic and Policy Research (CEPR) and the Center on Budget and Policy Priorities (CBPP). Here are the most important recent reports.

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CEPR Report: How to Create More 'Good' Jobs

CEPR Report: How to Create More 'Good' Jobs

new report from the Center for Economic and Policy Research (CEPR) shows the country needs to increase union membership significantly, create universal health care, a universal retirement system (beyond Social Security), expand college attainment and achieve gender pay equity to create more "good" jobs in the United States. 

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Diverting Attention from Economic Inequality by Pitting Young Against Old

The most striking feature of the U.S. economy over the last three decades has been the upward redistribution of income. The top 1.0 percent of households has managed to pocket the vast majority of gains over this period. That is a sharp contrast with the three decades immediately following World War II when the benefits of much more rapid growth were broadly shared.

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Miller & Harkin Introduce Bill to Raise Minimum Wage to $10.10

Photo courtesy George Miller

In his State of the Union address, President Barack Obama joined a growing chorus of voices demanding that the national minimum wage be raised.  Tuesday, Senator Tom Harkin (D-IA) and Representative George Miller (D-Calif.) announced they will introduce the Fair Minimum Wage Act of 2013.

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More and More Workers Demanding Paid Sick Days

Photo courtesy Working Families

According to the Center for Economic and Policy Research, more than 40 million Americans work in jobs where they have no access to paid sick days. In addition to the potential loss of wages and jobs for working families, the lack of paid sick days forces many people to go to work when they are contagious and get co-workers and customers sick and decreases productivity for workers who show up unable to perform to their normal level of ability. More and more cities and states are recognizing the realities of the damage having a workforce without paid sick leave does to workers and to the economy.

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Rich Are Getting Richer and It's Hurting Social Security's Finances

Photo courtesy of the Alliance for Retired Americans.

While media pundits raise faux concern every time the Social Security trustees release their annual report, falsely declaring the program is in dire trouble—even though the future modest funding shortfall can easily be fixed by scrapping the cap—it's important we take a look at a major factor in Social Security's finances: rich people. 

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