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JOB-RELATED NEWS updated March 6, 2015

Unemployment data--February 2015 graph: unempl> 6mos.   CBPP 3/6/15 Chart Book

    Baker, CEPR, 3/6/15 "The unemployment rate dropped to 5.5 percent, its lowest level since May of 2008, the early days of the recession. The employment-to-population ratio (EPOP) remained at 59.3 percent, more than 3.0 percentage points below its pre-recession level. The February performance is especially impressive given that an unusually severe winter might have been expected to dampen job growth, especially in sectors like construction and restaurants. ....The percentage of people unemployed because they voluntarily quit their job rose from 9.5 percent to 10.2 percent, its highest level since May of 2008. This is still close to 2.0 percentage points below the pre-recession levels. The recovery continues to disproportionately benefit less educated workers."

    Gould EPI 3/6/15 "At this rate, economy will return to pre-recession labor market health in about two years.This drop in unemployment was primarily because the labor force shrank.....As the economy adds solid numbers of jobs, we have also seen the employment-to-population ratio of prime-age workers slowly rising. This is a definitely a positive sign, but it is also clear ...that we have a long way to go before we get back to the labor force that prevailed before the recession.....Job creation is proceeding at a good pace and unemployment and underemployment are falling, but wage growth has been anemic and far from what would indicate an overheating economy." See graphs

    Stone CBPP, 3/6/15 "Today’s solid jobs report shows that private employers have added jobs every month for five straight years. Unemployment has dropped sharply, though it has room to fall further.  To herald a truly healthy labor market, however, labor force participation should be higher — it fell in February as more people stopped looking for work than found jobs — which will mean a larger share of Americans should have a job; fewer people should be working part time because they can’t find full-time work; fewer people should experience long spells of unemployment before finding work; and wages should be rising faster......The official unemployment rate does not include people who want a job — and in many cases would likely have one in a stronger labor market — but have not looked recently enough to be considered in the labor force and officially unemployed.  Labor force participation fell sharply in the recession but then continued to fall through 2013, before stabilizing in the past year. "

    Burtless, Brookings, 3/6/15 "The decline was mostly due to a dip in the size of the labor force, which shrank 178,000. However, the main reason the unemployment rate has shrunk more than a percentage point over the past year is that 3.0 million additional adults now hold jobs. Virtually all of the new jobs are full time.....The latest employment report contains a few hints that the job market is still some distance from full employment. The number of adults who work part-time but who want to work on full-time schedules is 50 percent above the number reported in 2007. Although the number of workers unemployed longer than six months has fallen steeply over the past five years, it remains more than twice as high as it was before the Great Recession. The labor force participation rate has stabilized at a level slightly below 62 percent, but according to calculations by the Council of Economic Advisors, this is still more than a percentage point below the level we would expect in a full-employment economy.....nominal wage gains remain sluggish. Average hourly earnings... have only increased 2 percent over the past 12 months."

    Zero Hedge, 3/6/15 "...the labor force participation rate dropped once more, declining to only 62.8%, which as the chart below shows is just off the lowest print recorded since 1978."

    Why No Wage Increases: More Than Half Of Jobs Added In February Were Lowest-Quality, Lowest-Paying the three biggest single-category jobs added in February (because Professional services includes numerous occupations), were also the three lowest quality, lowest paying ones: Leisure and Hospitality, added 66K jobs; Education and Health added 54K. Retail trade added 32K. Together these three job categories accounted for 152K jobs, or more than half the total February job gains. They also represent the lowest paid jobs in the US.

Witness Wednesdays, Stories of the Unemployed

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

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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Lynbrook, NY 11563

Email: njfac [at] njfac.org

The National Jobs for All Coalition is a 501(c)(3) tax exempt organization.