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Showing blog posts tagged with Center for Economic and Policy Research

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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Unbelievable. Excel Sheet Error (Among Other Omissions) Is a Driving Force Behind Austerity Economics

Reinhart & Rogoff Excel Sheet

In real sciences, when a researcher claims to have made a major discovery, the researcher has to make the data he or she used public and other scientists immediately test it to see if it can be replicated. The results aren't accepted as valid, let alone acted on or relied on, in fields where people could get hurt—like medicine or engineering—until they are tested. And if you withhold the data from your colleagues, you are not a scientist, you are a quack. And then there is economics.

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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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Work Harder, Make Less: 40% Earn Less Than 1968 Minimum Wage

At one time it was an economic tenet for America's worker: Work smarter, better, faster and harder and you’ll reap the rewards. That’s exactly what America's workers have done for the past four decades plus. But while worker productivity has soared, workers’ wages have been tightly tethered to the ground. So much that economist Dean Baker writes:

If the minimum wage had risen in step with productivity growth [since 1968], it would be over $16.50 an hour today. That is higher than the hourly wages earned by 40 percent of men and half of women. 

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Chained CPI: The Younger You Are, the Bigger the Cut

Photo from a lame-duck Social Security rally in Wisconsin.

One of the proposals floated for months in the fiscal bluff debate in Washington, D.C., is a change to the formula used to measure inflation for Social Security Cost-of-Living Adjustments (COLAs) called the "chained" CPI. Let's be clear: This is a benefit cut. These COLAs make sure seniors' income keeps pace with the rising costs of housing and food. The "chained" CPI would cut future Social Security benefits  by as much as $2,432  for someone who is 17 years old today. Studies from the  Center for Economic and Policy Research  (CEPR) show that not only is the "chained" CPI a benefit cut, it eventually will lead to higher taxes for most working people.

Young people around the country have been speaking out on the fiscal showdown. Check out this roundup of blog posts and see what it means to them.

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Dean Baker: Auto Manufacturing Gives Big Boost to Jobs Growth

We asked economist Dean Baker , co-director of the Center for Economic and Policy Research ( CEPR ), to expand upon recent reports that show a marked improvement in the nation’s jobs picture. In January, 243,000 jobs were created and unemployment dropped significantly for some of the hardest-hit workers. Baker’s intepretation of the data presents a still-mixed economic picture, but one bright point stands out clearly: President Obama’s support of the U.S. auto industry has been key to improving job creation for America’s workers. Be sure to pick up a copy of Baker’s latest book, The End of Loser Liberalism: Making Markets Progressive .

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Republican Report: Solve Job Crisis by Cutting Wages and Public Employees

Last week, House Speaker John Boehner (R-Ohio) spent a great deal of effort touting an economic report from the Republican staff of the Joint Economic Committee. That should be your first warning to step back, take a deep breath and adjust your skepticism meter.

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8.9 Percent Jobless Rate Not ā€˜Normal’ nor Structural

Put this under the heading of ā€œvoodoo economics.ā€  The argument goes that the nation’s 8.9 percent unemployment rate —after nearly two years between 9 and 10 percent—is the new ā€œnormalā€ unemployment rate. Proponents of this absurd claim say it’s workers’ fault because they don’t have the skills to fill the jobs or don’t live near the jobs that are available.

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eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/paragraph.tpl" with resource "design"
Warning: eZTemplate:def @ extension/aflcio/design/aflcio_user/override/templates/line/blog_post.tpl:19[3] Oct 02 2013 12:35:17
Variable 'tag_count' is already defined.
Warning: eZTemplate:def @ extension/aflcio/design/aflcio_user/override/templates/line/blog_post.tpl:19[3] Oct 02 2013 12:35:17
Variable 'tag_count' is already defined.
Warning: eZTemplate:def @ extension/aflcio/design/aflcio_user/override/templates/line/blog_post.tpl:19[3] Oct 02 2013 12:35:17
Variable 'tag_count' is already defined.
Warning: eZTemplate:def @ extension/aflcio/design/aflcio_user/override/templates/line/blog_post.tpl:19[3] Oct 02 2013 12:35:17
Variable 'tag_count' is already defined.
Warning: eZTemplate:def @ extension/aflcio/design/aflcio_user/templates/menu/nav_social.tpl:3[2] Oct 02 2013 12:35:17
Variable 'url' is already defined.
Warning: eZTemplate:def @ extension/aflcio/design/aflcio_user/templates/menu/nav_social.tpl:11[2] Oct 02 2013 12:35:17
Variable 'label' is already defined.
Warning: eZTemplate:def @ extension/aflcio/design/aflcio_user/templates/menu/nav_social.tpl:19[1] Oct 02 2013 12:35:17
Variable 'current_node' is already defined.
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/paragraph.tpl" with resource "design"
Timing: Oct 02 2013 12:35:17
Module end 'content'
Debug: ezpI18n::translateText Oct 02 2013 12:35:17
Missing translation for message in context: 'kernel/navigationpart' with comment: 'Navigation part'. The untranslated message is: 'eZTags'
Debug: ezpI18n::translateText Oct 02 2013 12:35:17
Missing translation for message in context: 'kernel/navigationpart' with comment: 'Navigation part'. The untranslated message is: 'Survey'
Debug: ezpI18n::translateText Oct 02 2013 12:35:17
Missing translation for message in context: 'kernel/navigationpart' with comment: 'Navigation part'. The untranslated message is: 'eZFind'
Debug: ezpI18n::translateText Oct 02 2013 12:35:17
Missing translation for message in context: 'kernel/navigationpart' with comment: 'Navigation part'. The untranslated message is: 'Workflow board'
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "pagelayout.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezstring.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/paragraph.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezselection.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezstring.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/paragraph.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/paragraph.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezselection.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezstring.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
Timing: Oct 02 2013 12:35:17
End
Notice: Oct 02 2013 12:35:17
eZTemplate: Loading template "setup/debug_toolbar.tpl" with resource "design"

Timing points:

CheckpointElapsedRel. ElapsedMemoryRel. Memory
Script start 0.0000 sec0.0268 sec 1,284.6172 KB1,198.9531 KB
Module start 'content' 0.0268 sec1.2036 sec 2,483.5703 KB6,584.2578 KB
Module end 'content' 1.2304 sec1.3987 sec 9,067.8281 KB7,448.9141 KB
End 2.6291 sec  16,516.7422 KB 
Total runtime:2.6489 sec
Peak memory usage:18,265.7734 KB

Time accumulators:

 Accumulator Elapsed Percent Count Average
ini_load
Load cache0.0120 sec0.4505%330.0004 sec
Find INI Files0.0003 sec0.0111%60.0000 sec
Mysql Total
Mysqli_queries2.0678 sec77.8540%5820.0036 sec
Looping result0.0262 sec0.9862%5710.0000 sec
TS translator
TS init0.0023 sec0.0884%40.0006 sec
TS cache load0.0009 sec0.0354%40.0002 sec
TS context load0.0006 sec0.0236%40.0002 sec
Template Total2.5455 sec 95.8% 3 0.8485 sec
Template load0.0150 sec0.5635%30.0050 sec
Template processing2.5304 sec95.2709%30.8435 sec
Template load and register function0.0001 sec0.0043%10.0001 sec
states
state_id_array0.0405 sec1.5232%130.0031 sec
state_identifier_array0.0716 sec2.6950%240.0030 sec
override
Cache load0.0063 sec0.2378%810.0001 sec
class_abstraction
Instantiating content class attribute0.0036 sec0.1369%350.0001 sec
Sytem overhead
Fetch class attribute can translate value0.0027 sec0.1013%100.0003 sec
Fetch class attribute name0.0293 sec1.1013%230.0013 sec
XML
Image XML parsing0.0103 sec0.3885%100.0010 sec
General
String conversion0.0000 sec0.0007%30.0000 sec
dbfile0.0086 sec0.3240%450.0002 sec
Total script time:2.6560 sec