Charts Unnecessary short-term spending cuts to solve a nonexistent debt crisis have caused measurable economic damage.
The latest U.S. labor numbers show that unemployment is holding steady with 217,000 jobs created in May, but more workers find themselves stuck in low-wage jobs.
Despite faster job growth, labor-market sentiment remains grim as 800,000 leave labor force.
Issue Brief Chinese President Xi Jinping and Premier Li Keqiang face daunting challenges in reforming the world’s second largest economy, but reforms on the agenda only scratch the surface of China’s nonmarket economy.
Continuing income inequality and spending cuts are hamstringing the U.S. economy.
Slack demand, not demographics, drives low labor-force participation.
Issue Brief The United States must develop the international relations and domestic foundations to make trade work for the United States and global middle classes.
How trade can work for the middle class.
Reauthorizing emergency unemployment benefits can stabilize families and jobs.
Adam Hersh, Senior Economist at the Center for American Progress, testifies before the U.S.-China Economic and Security Review Commission.
Failure to extend emergency unemployment insurance will further harm the already fragile labor market.
Strengthening the middle class is key to growth and competitiveness.
Most Americans aren't sharing in the economy's expansion.
The U.S. economy added 203,000 new jobs in November, but middle-class jobs remain scarce for millions of Americans.
Despite the addition of 204,000 new jobs, more than half pay low wages and offer little room for career advancement.