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Jobs

After an upswing at the beginning of this year, the labor market is back in the doldrums. The latest report from the Bureau of Labor Statistics said the U.S. economy created just 114,000 jobs in September, and although the unemployment rate fell to 7.9 percent, the workforce remains shrunken. And even those gloomy numbers obscure the suffering of the long-term unemployed and the millions of workers who have dropped out of the labor force in the aftermath of the recession. Stay up-to-date on the state of the labor market with AEI’s economic experts, and find out their ideas for how to get America back to work.

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Patricia Arquette, best supporting actress winner for her role in the film "Boyhood,"
poses with her award during the 87th Academy Awards in Hollywood, California February 22, 2015.

Hollywood may be different, but discrimination is a small factor in gender pay gaps for the rest of America.

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What Americans need from policymakers isn’t the Pollyannaish insistence from some Democrats that the job market is back on track or airy policy goals from Republicans that could have been written decades ago. What citizens need and deserve is specific policies designed and proven to put Americans back to work

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Citi

I just received this 100-page Citi report, “The Future of Technology and Employment” and can’t wait to dig through it. But here is a taste.

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Workers should know that past performance is no guarantee of future results.

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It is a strong claim that might not be supported with equally strong evidence.

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Although today’s numbers on unemployment, job creation, and wage growth were all strong, lackluster labor force participation rates remain worrisome.

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Capital Economics

The labor market is much healthier, but there is still plenty of room for improvement.

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Searching for an explanation for slowing GDP growth, fast job growth, and stagnant wages.

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The Earned Income Tax Credit, the federal subsidy for low-income, working households, is a program that should be both expanded and reformed.

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By artificially keeping oil prices low, the Saudis get to deal a powerful blow to the energy revolution in the U.S. and Obama gets to take credit for low energy prices and job creation.

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