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JOB-RELATED NEWS updated July 2, 2015

Unemployment data--June 2015 graph: unempl> 6mos.   CBPP 6/5/15 Chart Book

    Baker, CEPR, 7/2/15 "The unemployment rate fell by 0.2 percentage points to 5.3 percent, the lowest rate for the recovery. However, this was entirely due to people dropping out of the labor force as the employment-to-population ratio (EPOP) slipped back by 0.1 percentage points to 59.3 percent. The one notable positive is that employment rates for African Americans seem to have risen, with the EPOP more than a full percentage point above the year ago level for the first half of 2015. The overall drop in EPOPs is consistent with the sharp drop in the number of long-term unemployed reported in June, from 28.6 percent to 25.8 percent of the unemployed, as many of these workers likely dropped out of the labor market. One clear positive is that the number of people voluntarily working part-time rose sharply even as involuntarily part-time employment fell."

    Gould EPI 7/2/15 "In June, the number of unemployed workers fell by 375,000. Good news, right? Not so much. The labor force dropped by more than that amount, a fall of 432,000. The White House suggests the weaker numbers may be driven by the earlier-than-normal reference period, which might not be picking up as much as the usual June increase in summer employment, which is largely driven by youth employment. So, let’s turn to the prime-age workforce to get rid of those trends, which primarily affect younger workers and which also get rid of any declines driven by baby boomer retirement.

    The prime-age employment-to-population (EPOP) ratio has been flat for the last four months at 77.2 percent. One would expect an improving economy to drive the prime-age EPOP upwards, and between October 2013 and February 2015 there was steady and decent progress on this front. But the recent stagnation has left prime-age EPOPs still far from fully recovered.."See graphs

    Zero Hedge, 7/2/15 "Participation Rate Drops To 1977 Levels The devastation of the US labor force continues.Part-Time Jobs Surge By 161,000; Full-Time Jobs Tumble By 349,000; Factory Orders Scream Recession: Annual Drop Biggest Since 2008; Since 2007 The US Has Lost 1.4 Million Manufacturers, Gained 1.4 Million Waiters And Bartenders

    ...the total number of full-time jobs at 121.1 million is still well below their pre-recession peak of 121.9 million reached in November 2007. See http://www.bls.gov/web/empsit/cpseea06.htm for full-time workers.

    Chicago Political Economy Group--Summer 2015 Quarterly Notes 5/15 See Ron Baiman, Darkening Jobs Picture: "One approach to examining the scale of our current employment predicament is to see it through the lens of the employment-to-population ratio. [See Figures 1 and 2 on pages 2 and 3 that show the faillure to return to pre-recession emratios.]

    Brookings 7/2/15 Holzer "While the decline in the unemployment rate to 5.3 percent has been widely noted, it was caused entirely by declining labor force participation rather than rising employment. The monthly labor force participation rate dropped to 62.6 percent, the lowest rate observed in many years. We always knew that participation would decline as the Baby Boomers retired, but labor force activity has also declined among those below the age of 55, and so far those numbers have recovered fairly little.

    And overall wages were essentially flat in June, as hourly wages remained at $24.95, the same level as in May. The hefty increase observed last month now looks more like a statistical fluke. Wage gains over the past year have averaged just 2 percent, only a bit higher than the rate of inflation."

Witness Wednesdays, Stories of the Unemployed

The missing puzzle piece of the global economic recoveryis finally falling into place, Bird 6/15

Union membership rate in 2014 is 11.1 percent, down from 11.3 percent in 2013

State, Met. Area Employment and Unemployment Data, BLS, monthly

Interactive map: Unemployment rates by state, BLS; also WSJ

Interactive map: Job loss by state. EPI

Deadliest Jobs in America, Bloomberg 5/15

Global Wage Report 2014/15, ILO

Geography of Recession chronological map of unemployment rates by county

Annual State-by-State Unemployment, Underemployment 2003-2012

At Amazon.com "cheap" comes at a very hefty price, Hightower 8/14

Report Uncovers the Real Costs of Outsourcing Public Services, JwJ 3/14

Do You Have Job Fear? What's WhyWe Need Full Employment, Johnson CAF 8/13

Millions of Americans live in extreme poverty, Matthews, 5/13

The Missing Workers--How Many Are There and Who Are They?, Shierholz, EPI 4/13

Going Nowhere: Workers Wages since the Mid-1970s, TCF, 1/13

Are We Winning the War on Poverty? Landy, TCF 9/12

No Relief in 2012 from High Unemployment for African Americans and Latinos EPI, 2/12

How Do States' Safety Net Policies Affect Poverty? Wheaton et al, Urban Instit, 9/11

Who Has Benefitted from the Post-Great Recession Recovery? Sum &McLaughlin 7/11

Jobs Missing in the Great Recession. 12/11

Downturn Continues to Lower Union Membership, Zipperer, CEPR 1/11

How Government spent your income taxes, National Priorities Project

Unemployment Insurance Extension May Be Short-Lived, Bloom, WDL10/10

International Unemployment Rates and Employment Indexes 2008-2009, BLS

The Stagnating Labor Market Jayadev & Konczal, Roosevelt Institute 9/10

The Good, the Bad and the ERGly, Stecker, NJPP 9/10

How America Can Create Jobs, Andy Grove, Intel, BW 7/10

SF Labor Council demands U.S. enforcement of treaties & laws ensuring Full Employment, Right to a Job & Union Rights, 3/10

Jobs Crisis Fact Sheet, A.Turner, 3/10

How a New Jobless Era Will Transform America, D.Peck,, Atlantic, 3/10

Many highly profitable companies cut jobs in 2009, Orr, EPI 12/09

"Generation Recession," Ratner, the Nation, 11/09

The safety net and the recession, Mishel, EPI, 10/09

Unions and Other Community Groups Benefit Local Economic Development 8/09

The Great Recession of 2007-2009: PostWW II Record Impacts on Rising Unemployment& Underutilization Problems, Sum & al, 7/09

Work-Sharing May Help Companies Avoid Layoffs, Greenhouse, NYT 6/09

Work Sharing--an Alternative to Layoffs for Tough Times, Ridley, CLASP 3/09

Welfare Aid Isn’t Growing as Economy Drops Off, NYT, 2/09

Where Homes Are Cheaper Than Cars: Bankruptcy Weighs Heavily on Real Estate, Timiraos, WSJ 6/05

Why labor law doesn't work for workers, Bacon [EFCA], 3/09

Illegal Firings During Union Election Campaigns, CEPR 3/09

Interactive map: Unemployment rates by state

Conference Board Employment Trends Index

Median income rose as did poverty in 2007 2000s have been extremely weak for living standards of most households, Bernstein, EPI 8/08

The medicare myth that refuses to dieLorinc, Globe and Mail, 8/08

Dr. Wall Street: How the American Health Care System Got So Sick, Brecher, 7/08

Equality in Job Loss: Women Are Increasingly Vulnerable to Layoffs During
Recessions, US Congress, JEC , 7/08

Job Opportunities for the Green Economy: A State-by-State Picture of Occupations that Gain from Green Investments, Pollin & Wicks-Lim

Woe is the American Worker, Waldman, Am. Prospect, 12/07

What We’re In For: Projected Economic Impact of the Next Recession, Schmitt & Baker, 1/08

The Good, The Bad, and the Ugly: Job Quality in the United States over the Three Most Recent Business Cycles, Schmitt, CEPR, 11/07

Typical families see income and earnings decline, Irons, EPI, 9/07

Bridging the Gaps:A Picture of How Work Supports Work in Ten States, 10/07

No-Benefit Jobs Leave Parents Struggling, H. Boushey, Sojourners, S/O 07

CEO pay: 364 times more than workers, 8/07

Neither Free Nor Fair:The Subversion of Democracy Under NLRB Elections,7/07

Americans' ambivalence about the economy, Mishel et al, 6/07

Unemployment may depress immune function, 4/07

Making the Federal Minimum Wage a Living Wage , R. Pollin, 6/07

A Tale of Two Time Periods for Low-Income Families, Bernstein, 6/07

The Gender Pay Gap is the Smallest on Record—Not Necessarily Good News 9/06

Jobs for All: The Key to Rebuilding after Katrina, Kochan, CAP

Data--employment, earnings, family income, hours, prices, unionization

The Bush Tax Cuts, 3/07

99 Percent... are Net Losers Under Bush Tax and Spending Policies 6/06

The Middle Class on the Precipice, by Elizabeth Warren, Harvard Mag.,J/F 06

What's wrong with the economy? Mishel & Eisenbrey, 12/05

Without defense-related spending private sector would still be in a jobs hole 8/05

Finding the better fit: Receiving unemployment insurance increases likelihood of re-employment with health insurance, Heather Boushey

Ownership Society--Social Security Is Only the BeginningWray, Levy Inst.

U.S. workers enjoy far fewer vacation days than Europeans, EPI, 8/05

Injuries to All [workplace injuries]

Whatever Happened to Private Pensions? C. R. Morris, TCF, 2/06

Whoops! There Goes Another Pension Plan M.W. Walsh, NY Times , 9/18/05

Riding into the Sunset [retirement], Wm Greider, Nation, 6/05

Productivity growth and profits far outpace compensation in current expansion, EPI. April 21, 2005

Corporate America Pulling Back Pension Safety Net, LA Times, 5/15//05

Government Budget Calculator, CEPR

The Permanent War Economy: Real Security or False Promise? NJFAC Resource written by ministers for church bulletins.

International comparisons: Beyond the U.S. model, EPI; Book chapter

The Rise in Job Displacement, 1991-2004, Crisis in Manufacturing, CEPR, 8/04

Middle-Class Tightrope, Jacob Hacker, August 2004

Miltary Spending and Jobs: A Quiz

The Job Market--Down and Out in White-Collar America, Fortune, June, 2003

Special Report 4: The Permanent War Economy: Real Security or False Promise? C. Bell, S. D. Collins, H. L. Ginsburg, and M. Malloy

Job Deficits Deepen as Budget Deficits Explode, by Gregory DeFreitas

Poison pill: Why the new reform bill will make Medicare's problems bigger--and even harder to fix, J. S. Hacker & T. R. Marmor, Boston Globe, December 7, 2003

The Savings from an Efficient Medicare Drug Plan, D. Baker, 1/06

"Jobs for All": Another Dream of the Rev. Dr. Martin Luther King, Jr. by Mathew Forstater 

Innocent Fraud, by John Kenneth Galbraith

Better than Money: Alternatives to GDP, Nordic New Network


National Jobs for All Coalition
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