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Showdown in Chicago: Thousands Protest Bankers
More than 5,000 people are packing the streets of downtown Chicago this morning, chanting, marching and rallying against Big Bankers and financial institutions that have taken taxpayer money and are...
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CHART: The Federal Reserve Is Failing Its Obligation To Fight Unemployment
The Federal Reserve has a dual mandate to maintain low inflation and high employment — a job description that requires a balancing act, as these two goals can be in tension. The Fed has put its...
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Did I Hear the Words "Full Employment"?
Among the many reasons the country would be better off if Bernie Sanders was president is that the man just refuses to deal in silliness. He wants the country to have a serious debate — and whether the...
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The Federal Reserve Board’s Plan to Kill Jobs
There is an enormous amount of political debate over various pieces of legislation that are supposed to be massive job killers. For example, Republicans lambasted President Obama’s increase in taxes on...
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What Is the Federal Reserve Doing?
Last week, the U.S. Bureau of Labor Statistics issued its numbers for inflation and for real wage movements. The numbers reflected the weak numbers of the first quarter for economic growth: Zero...
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Why the Fed Isn't Close to Achieving Full Employment and Shouldn’t Be...
The recently released minutes of the last meeting of the Federal Reserve Board’s Open Market Committee revealed there was serious discussion of the fact the labor market still showed signs of weakness....
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The Federal Reserve and Black Unemployment
The Federal Reserve Open Market Committee (FOMC) that determines U.S. monetary policy met in July. Its job is to weigh the state of the American economy, both the labor market and inflationary...
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Trying to Teach Old Dogs New Tricks
On Wednesday, the Federal Reserve’s open market committee concluded its two-day meeting to set U.S. monetary policy. In a vote that divided the Board of Governors, appointed by the president and...
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Still Getting 'It' Wrong
On Friday, the U.S. Bureau of Labor Statistics reported the economy gained 235,000 payroll slots in February and upped its estimates for December and January by another 9,000 jobs. Over the...
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We Must Create Good Jobs: Sherrod Brown Shows the Way Forward
February, the first full month of the Trump presidency, witnessed solid jobs growth of 235,000 with the headline unemployment rate little changed, at 4.7 percent, according to the Bureau of Labor...
View ArticleHere Are the 10 Worst Attacks on Workers From Trump’s First Year
January 20th marks the one-year anniversary of President Donald Trump’s inauguration. Since taking office, President Trump has overseen a string of policies that will harm working people and benefit...
View ArticleTrump’s Federal Reserve pick says there’s no need for any equal pay laws
Since President Donald Trump announced last month that he would nominate conservative activist Stephen Moore for a seat of the Federal Reserve Board, Moore’s past record of tax liens, sexist columns,...
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What Is the Federal Reserve Doing?
Share this post Last week, the U.S. Bureau of Labor Statistics issued its numbers for inflation and for real wage movements. The numbers reflected the weak numbers of the first quarter for economic...
View ArticleClik here to view.
Why the Fed Isn’t Close to Achieving Full Employment and Shouldn’t Be...
Share this postThe recently released minutes of the last meeting of the Federal Reserve Board’s Open Market Committee revealed there was serious discussion of the fact the labor market still showed...
View ArticleClik here to view.
The Federal Reserve and Black Unemployment
Share this postThe Federal Reserve Open Market Committee (FOMC) that determines U.S. monetary policy met in July. Its job is to weigh the state of the American economy, both the labor market and...
View ArticleClik here to view.
Trying to Teach Old Dogs New Tricks
Share this post On Wednesday, the Federal Reserve’s open market committee concluded its two-day meeting to set U.S. monetary policy. In a vote that divided the Board of Governors, appointed by the...
View ArticleClik here to view.
Still Getting ‘It’ Wrong
Share this post On Friday, the U.S. Bureau of Labor Statistics reported the economy gained 235,000 payroll slots in February and upped its estimates for December and January by another 9,000 jobs. Over...
View ArticleClik here to view.
We Must Create Good Jobs: Sherrod Brown Shows the Way Forward
Share this post February, the first full month of the Trump presidency, witnessed solid jobs growth of 235,000 with the headline unemployment rate little changed, at 4.7 percent, according to the...
View ArticleHere Are the 10 Worst Attacks on Workers From Trump’s First Year
Share this postJanuary 20th marks the one-year anniversary of President Donald Trump’s inauguration. Since taking office, President Trump has overseen a string of policies that will harm working people...
View ArticleTrump’s Federal Reserve pick says there’s no need for any equal pay laws
Share this postSince President Donald Trump announced last month that he would nominate conservative activist Stephen Moore for a seat of the Federal Reserve Board, Moore’s past record of tax liens,...
View Article