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By Paul Krugman
$17.13
By Michael Shnayerson
$16.50
$21
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Flickr/401(K) 2013
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A new study paints a sobering picture of the negative consequences austerity is having on the U.S. economy (and shows once more that New York Times columnist Paul Krugman, a consistent voice against austerity, is right).
Posted on May 7, 2013
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Monte Wolverton, Cagle Cartoons —
Posted on Apr 22, 2013
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Christopher Weyant, Cagle Cartoons, The Hill —
Posted on Mar 12, 2013
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Flickr / Abeeeer (CC-BY)
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By Robert Reich — On Tuesday the Dow Jones Industrial Average rose above 14,270. The stock market is basically back to where it was in 2000, while corporate earnings have doubled since then. Yet the real median wage is now 8 percent below what it was then and unemployment remains sky-high. Why is the stock market doing so well, while most Americans are doing so poorly? Here are four reasons.
Posted on Mar 6, 2013
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Adam Zyglis, Cagle Cartoons, The Buffalo News —
Posted on Mar 6, 2013
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Nicholas Wang (CC-BY-SA)
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By Richard Reeves — I have been working at home for most of my life. Naturally, I’m interested in the controversy generated by Marissa Mayer, the new boss at Yahoo, when she ordered all that company’s employees to report to a regular company office.
Posted on Feb 28, 2013
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Flickr/Steel Wool
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By Robert Reich — With consumers and government both spending less, businesses won’t hire more workers; they’ll fire more workers. That’s likely to happen in coming months. Anyone with half a brain should be able to understand all this. But apparently many in Washington don’t have half a brain.
Posted on Feb 24, 2013
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James Bowe (CC BY 2.0)
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On March 1, the $85 billion collection of budget cuts known as the sequester could wipe out federal programs at such varied places as national parks, the Pentagon and the FBI. Hidden among those cuts are reductions in services that are crucial to Americans’ everyday lives—education, health care and jobs. The Guardian tells us what to expect.
Posted on Feb 22, 2013
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Cam Cardow, Cagle Cartoons, The Ottawa Citizen —
Posted on Feb 21, 2013
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Flickr/davidd
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By Robert Reich — Raising the minimum wage from $7.25 to $9 should be a no-brainer. Republicans say it will cause employers to shed jobs, but that’s baloney.
Posted on Feb 17, 2013
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Flickr/DonkeyHotey
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By Robert Reich — Senate Minority Leader Mitch McConnell says that chamber’s Republicans will unanimously support a balanced-budget amendment, to be unveiled Wednesday as the core of the GOP’s fiscal agenda.There’s no chance of passage so why are Republicans pushing it now?
Posted on Feb 13, 2013
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AP / Saul Loeb
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By Robert Reich — The President should make it clear that any Republican effort to hold the nation hostage to the GOP’s ideological fixation on the budget deficit and a smaller government will slow the economy, likely pushing us into another recession. And that those most imperiled are the middle class and the poor.
Posted on Feb 11, 2013
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By Robert Reich — Can we just keep things in perspective? On Tuesday, the president asked Republicans to join him in finding more spending cuts and revenues before the next fiscal cliff whacks the economy at the end of the month. Yet that same day, the Congressional Budget Office projected that the federal budget deficit will drop to 5.3 percent of the nation’s total output by the end of this year.
Posted on Feb 7, 2013
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Flickr/aflcio
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By Thomas Hedges, Center for Study of Responsive Law —
Under its current president, the organization has failed to address the mounting threat against labor in the United States from the loss of bargaining rights to the refusal to adjust minimum wage standards to the push against implementing the “card check” union organizing system, Harry Kelber says.
Posted on Feb 5, 2013
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flickr/watchingfrogsboil
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By Chris Hedges — The corporate state uses debt to keep workers—especially the working poor—frightened and disempowered. Only through a campaign for a minimum wage of at least $11 an hour can Americans begin to regain economic, social and political control.
Posted on Feb 3, 2013
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Flickr / edEx
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By Robert Reich — We are in the most anemic recovery in modern history, yet our political leaders in Washington aren’t doing squat about it.
Posted on Feb 1, 2013
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Flickr/401(K) 2013
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By Robert Reich — The Conference Board reported Tuesday that the preliminary January figure for consumer confidence in the U.S. fell to its lowest level in more than a year. So why are consumers so glum? Because they’re deeply worried about their jobs and their incomes—as they have every right to be.
Posted on Jan 30, 2013
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By Robert Reich — It was the centerpiece of the president’s re-election campaign. Every time Republicans complained about trillion-dollar deficits, he and other Democrats would talk jobs. That’s what Americans care about—jobs with good wages. So why, exactly, is Washington back to obsessing about budget deficits?
Posted on Dec 16, 2012
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Larry Wright, Cagle Cartoons —
Posted on Dec 13, 2012
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Flickr/Earlham College
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By Mike Rose — Right at the point when they are most needed, our second-chance institutions are being severely threatened. Across the country, community colleges, adult schools and literacy programs are reporting record enrollments at the same time they have to trim staff, classes and services.
Posted on Dec 12, 2012
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Monte Wolverton, Cagle Cartoons —
Posted on Dec 10, 2012
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Flickr/StockMonkeys.com
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By Robert Reich — Friday’s jobs report demonstrates an economy that’s still moving in the right direction but way too slowly, which is why Washington’s continuing obsession with the federal budget deficit is insane. Jobs and growth must come first.
Posted on Dec 9, 2012
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By Robert Reich — In truth, no one should vote based on this batch of jobs numbers because a single month’s report isn’t a reliable gauge of which way the economy is heading.
Posted on Nov 1, 2012
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Flickr/Talk Radio News Service
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The New York Times columnist takes aim at Republicans for blocking legislation from President Obama that might have helped with the jobs recovery and then blaming his policies after the latest round of disappointing employment figures.
Posted on Sep 10, 2012
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Cain and Todd Benson (CC BY-ND 2.0)
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By Bill Boyarsky — It’s the great unanswered question of the presidential campaign: Just how can America actually create jobs? President Barack Obama and Mitt Romney are ducking the specifics, tearing each other down and offering little hope to the 15 percent of Americans without enough work.
Posted on Aug 11, 2012
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deanmeyersnet (CC BY 2.0)
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U.S. unemployment remained stuck at 8.2 percent as only 80,000 jobs were added in June. But President Barack Obama assures the country the figures represent a “step in the right direction.”
Posted on Jul 6, 2012
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bbc.co.uk
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This would feel like horse-race politics, employment edition, if only the stakes weren’t so high: The Department of Labor released employment data on Friday for the month of March, and the results didn’t match more optimistic projections for the blustery month.
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Flickr / edEx
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For the third month in a row, figures coming in from the Department of Labor signal a stronger recovery in the employment market than the country has seen in years. President Obama gets a boost from the good news, but is there any way to read these numbers differently?
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Flickr / clementine gallot (CC-BY)
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Geography is one of those seemingly stodgy fields that’s enjoyed an infusion of innovation in recent years, and here’s a sobering yet useful map of the U.S. to illustrate that point. Specifically, you’ll see how different zones of the country have fared in terms of long-term unemployment. Looking good, Middle America.
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This study by Indiana University’s School of Public and Environmental Affairs examines the impact of the Great Recession and its aftermath on poverty in America.
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WeMeantDemocracy (CC-BY)
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The number of Americans living in poverty has grown by 27 percent, or 10 million people, since the beginning of the “Great Recession” in 2006, according to an Indiana University study. And because of continued cuts to welfare programs and an increase in new, poorly paid jobs, those figures will continue to rise.
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supremecourtus.gov
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In a rare show of unity within our nation’s top judicial body, the Supreme Court ruled Wednesday that the American government should steer clear of interfering in the employment practices and policies of religious organizations.
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AP / Charles Dharapak
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Fresh off his historically narrow victory in Tuesday’s Iowa caucuses, Republican presidential pageant favorite Mitt Romney beefed up his attack rhetoric against his would-be opponent, Barack Obama, on Thursday by lashing out against the president’s latest big appointments.
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Wikimedia Commons
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Wall Street’s occupiers are asking the big questions about the U.S. economy. What can we do to create jobs, eliminate poverty and free the nation from the grip of debt? American labor lawyer Thomas Geoghegan points to early 20th-century economist John Maynard Keynes for some clues. (more)
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Nice try there, Mr. President. Although he’s gotten some lift before from the resuscitated publishing relic that is Rolling Stone magazine, Jann Wenner’s music rag didn’t give POTUS a pass for a cute idea his promotions team recently cooked up that offered designers the exciting chance ... (more)
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Flickr / Mel R
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More interesting, perhaps, than this New York Times article’s proffered data on falling household incomes and the reasons for same is its official timeline for our nation’s most recent recession: “ … From December 2007 to June 2009.” (more)
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Flickr / kanu101
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A comparison of population figures and unemployment rates in the states where unemployment is highest and lowest shows that the jobs problem is worst in some of the most populous states—and the situation is not improving. (more)
Posted on Sep 19, 2011
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The media ignore the fact that new Apple CEO Tim Cook is gay; the ratings of both the Republican and Democratic parties decline; and the consequences of the defeat of Gadhafi’s regime are still up in the air. These discoveries and more after the jump.
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Flickr / clementine gallot (CC-BY)
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Anyone who’s reading this while in the midst of looking for work may not be surprised to hear that Americans who quit their search for employment spent five long months hunting before throwing in the towel.
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AP / Alex Brandon
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By Robert Scheer — How I wish that Ben Bernanke would get caught emailing photos of his underwear-clad groin. Otherwise we don’t stand a chance of reversing this administration’s economic policy, which is shaping up to be every bit as disastrous as that of its predecessor.
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Friday’s job news was far from good news, pointing to more bumps down the road to economic recovery. Thus, it falls on “Left, Right & Center” regulars Matt Miller and Tony Blankley, along with guest panelists Ed Kilgore and Chrystia Freeland, to brainstorm ... (more)
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Wikimedia Commons/Jessica Rinaldi (CC-BY)
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He’s tall, he’s telegenic and he’s back: Former Massachusetts Gov. Mitt Romney is throwing in to run for president again in 2012. He’ll have some work to do when it comes to helping Republicans forget his role in revamping his home state’s health care system ... (more)
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By Eugene Robinson — What is it about the word jobs that our nation’s leaders fail to understand? How has the most painful economic crisis in decades somehow escaped their notice? Why do they ignore the issues that Americans care most desperately about?
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AP / J. Scott Applewhite
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By Robert Scheer — Of course it will be argued that multinational corporations have the right to arrange their businesses as they see fit in order to maximize profit. But if that is the case, do beleaguered American taxpayers have to foot the bill?
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Mr. Fish
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In his latest self-revelatory essay, our resident genius cartoonist tells a tale of triumph over the oppressive forces of consumerism—or at least the security chief at Barnes & Noble. Call it an origin story, as this incident freed the author to fully become the inimitable Mr. Fish.
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Flickr / cliff1066™(CC-BY)
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The latest economic assessment-slash-prognostication from the Federal Reserve isn’t all bad—in fact, CNN Money goes so far as to characterize it as relatively “bullish,” despite mitigating factors such as soaring oil prices and the crisis in Japan.
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politico.com
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Insisting that “the best jobs program out there is a good education” and lamenting the U.S.’ slip down the ranks in the global brain trust, President Barack Obama declared Monday that his budget plan won’t include high costs to the American educational system.
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By Eugene Robinson — After slamming Democrats for not focusing on “jobs, jobs, jobs,” Republicans have decided to ignore their own winning message in favor of “cuts, cuts, cuts.”
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Flickr / dmhergert (CC-BY-SA)
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Did you realize that the last president to ask for a status report on American women was John F. Kennedy? Eleanor Roosevelt was in charge of that project, which President Obama has updated for our present time. Let’s take a look at the results, shall we?
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