Department of Labor
Wall Street's Yearly Bonuses Could Double the Pay for All of America's Minimum Wage Workers
March 11, 2015
But who will take care of these rich bankers when they're old?
Obama Wants Home Care Workers to Get Minimum Wage, But a Federal Judge Is Standing in the Way
January 14, 2015
The workers aren't guaranteed overtime pay, either.
Obama Is Siding Against Workers at the Supreme Court
October 08, 2014
The Obama administration seems to think so.
This Chart Shows How Meager U.S. Minimum Wage Truly Is
September 09, 2014
By this metric, it's one of the lowest in the developed world
Time To Bid Farewell To "Big Labor"
January 24, 2013
Barely 10 percent of American workers belong to unions. Could we please stop referring to "Big Labor"?
Yank the Chain: Washington's Terrible New Social Security Fix
December 11, 2012
Why the latest bipartisan idea to cut the deficit--"chaining" Consumer Price Index increases for Social Security--is a loser.
The New Jobs Report: Ooof
June 01, 2012
The new jobs report is out and it’s not good at all. It may not suggest the economy is slowing down, at least according to the economists I’ve consulted and read. But it certainly suggests the economy wasn’t growing as fast as we thought. And it’s not like anybody thought it was growing that fast in the first place. The Bureau of Labor Statistics announced Friday morning that the economy created just 69,000 jobs last month. It also revised its estimate for April, down to 77,000 from 115,000. Unemployment has gone up a tenth of a percentage point, to 8.2 percent.
Cut Job Training, Pell Grants? GOP Says Yes We Can
October 24, 2011
[Guest post by Matt O'Brien] In early September, as memories of the debt ceiling fight faded with the summer, House Majority Leader Eric Cantor acknowledged that the economic policy debate was about to change: “The focus now is jobs,” he told reporters. “The past eight months we’ve been all about cuts.” But it’s become clear that for Cantor and the rest of the Republican leadership, the focus is still on cuts.
August Jobs Report: Really Ugly
September 02, 2011
Monthly job losses, graphic by Steve Benen The August jobs report is out from the Bureau of Labor Statistics. And it is ugly. Via Neil Irwin of the Washington Post: Job creation came to a halt in August, according to new government data that show an economic recovery that appears to be puttering out. The Labor Department on Friday reported zero net job creation in August, far worse than the 68,000 net jobs analysts had expected to be added. The unemployment rate was unchanged at 9.1 percent.
The Latest Jobs Report Is All Bad News
August 05, 2011
The Labor Department reported that the economy created 117,000 jobs in July and revised the prior months’ growth slightly to bring the average over the last three months to 72,000 jobs per month. This rate of job growth is below the 90,000 a month needed to keep pace with the growth of the labor force. Consistent with this fact, the employment to population ratio (EPOP) fell slightly to 58.1 percent, tying its previous low for the downturn.