For months, the thorn in the side of otherwise sunny jobs reports has been sluggish wage growth. As unemployment falls, wages are supposed to rise. Those expectations will likely play a role in the Fed's policy deliberations this week. But…
February’s labor report came in with stronger growth than expected, with 295,000 jobs added last month and the lowest unemployment rate since the 2008 financial crisis. But wage growth continues to lag, with hourly earning rising just one tenth of…
Florida's foreclosure crisis isn't over. David, whose last name we're not using, used to have a job, a paycheck and a roof over his head. But days after he handed over the keys to his house for cash, he found…
Despite harsh winter weather, the economy added 295,000 jobs in February and the unemployment rate fell to its lowest since mid-2008. Those are signs of a recovering labor market that the Federal Reserve might use to justify an interest rate…
In the return to civilian life, many women find that veteran services fall short of their needs. Unemployment rates for female veterans are higher than for other women, as well as for male veterans. Female veterans are at least twice…
Wal-Mart made news this week by announcing that it is raising the wages for its employees above the federal minimum wage of $7.23 an hour to $9 an hour and to $10 an hour next February. To discuss the broader…
In the long view of history, technological advancement unleashed by the Industrial Revolution has come to be seen as a net positive for economic development and everyone’s well-being, even those workers who initially lost their jobs. There’s reason to wonder,…
The unemployment rate increased from 5.6 to 5.7 percent in the first month of 2015, but economists greeted that as good news. Even more encouraging, the economy added 257,000 jobs in January and average hourly earnings were up 12 cents.
We often hear how unemployment insurance will affect recipients. But a new working paper from the National Bureau of Economic Research suggests that social insurance can have a stabilizing effect on the housing market in times of crisis, not just…
The final unemployment report of 2014, released Friday morning, ended a solid year of payroll gains. But despite December's additional 252,000 jobs and the lowest unemployment rate since 2008, wages aren't rising. In fact, average hourly earnings fell in December,…
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