When this is all over, will we be able to patch up the economy and get things back to normal? Trump certainly claims so. But he's wrong. The pandemic is exposing just how dysfunctional our economic system was to begin with.
As measures to slow the coronavirus pandemic lead to mass layoffs, people ages 18 to 34 are being disproportionately affected.
Strike activity surged in 2018 and 2019, marking a 35-year high for the number of workers involved in a major work stoppage over a two-year period.
Even though the economy is adding more jobs, there's increasing evidence that many of those new positions don't offer the kind of wages and benefits required to get ahead. Americans are working but aren't earning enough to gain economic stability.
Our government’s and corporate media’s failure to capture the true extent of unemployment creates a distorted narrative about work that feeds bewilderment and self-recrimination.
The future of work means fewer hours spent working.
Millennials are already in debt and without savings. After the next downturn, they’ll be in even bigger trouble.
Mainstream measurements create an artificially low unemployment number. Alternative methods are necessary to get a better picture of what is really going on in the labor market.
Aspects of the report are disturbing. Over the last year, the black unemployment rate has risen 0.2 percentage points to 6.7 percent and the white unemployment rate has dropped 0.4 percentage point to 3.1 percent. The rise is all among black men.
Automation often seems like a scary new problem, but it’s neither entirely scary nor entirely new.
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