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Economy: Archives

July 2014

Job seekers wait in a line at a job fair in Southfield, Michigan. article icon Issue Brief Despite an improving labor market, Congress needs to do more to create opportunity for all American families.

By Christian E. Weller and Jackie Odum | Thursday, July 24, 2014

The Underuse of Apprenticeships in America

Apprentices with Ocean Spray Cranberries attend a ceremony bars icon Charts The United States lags behind its European counterparts in the use of apprenticeships, a proven workforce training tool that would help American businesses, workers, and the U.S. economy as a whole.

By Sarah Ayres Steinberg and Ethan Gurwitz | Tuesday, July 22, 2014

The New Budget Outlook Shows that Austerity Makes No Sense

Navigator Mary Bennett, left, helps Min Lians, who is seeking help buying health insurance bars icon Charts Unnecessary short-term spending cuts to solve a nonexistent debt crisis have caused measurable economic damage.

By Harry Stein and Adam Hersh | Tuesday, July 15, 2014

Unbundling ‘Too Big to Fail’

wall street bull book_alt2 icon Report To make progress in debates on financial reform, we need to understand the varied concerns underlying too big to fail and tailor solutions to the problems.

By Ganesh Sitaraman | Tuesday, July 15, 2014

What to Watch at the BRICS Summit in Brazil

Leaders of the BRICS countries meet in RussiaThe meeting of Brazil, Russia, India, China, and South Africa this week highlights the potentially positive role the group could play in revitalizing the global system of partnerships and alliances to tackle the challenges of the 21st century.

By Molly Elgin-Cossart | Monday, July 14, 2014

The Bottom Line: Apprenticeships are Good for Business

President Barack Obama talks with electrical apprenticeship instructor Tim WisyanskiHere are the top five ways American companies can benefit from hiring an apprentice.

By Sarah Ayres Steinberg and Ben Schwartz | Monday, July 14, 2014

Switching from a Gas Tax to a Mileage-Based User Fee

electric car book_alt2 icon Report The insolvency of the Highway Trust Fund threatens federal transportation programs. Implementing a mileage fee would provide robust funding for decades to come.

By Kevin DeGood and Michael Madowitz | Friday, July 11, 2014

Encouraging Responsible Credit for Financially Vulnerable Consumers

Cash Advance book_alt2 icon Report Through stronger laws and enforcement, as well as the encouragement of better alternatives, policymakers can reduce debt traps in short-term lending.

By Joe Valenti | Thursday, July 10, 2014

With Job Growth Accelerating and Unemployment Falling, the Labor Market is Looking More Robust

President Obama visits a tech start upJune was perhaps the best month for the labor market since the recession and caps off a stronger first half of 2014. With 9.5 million Americans looking for work, we will need more months like this to get our economy back to where it belongs.

By Michael Madowitz | Thursday, July 3, 2014

Policies States Can Enact to Promote Apprenticeship

obama speechApprenticeship is a time-tested worker-training model that is gaining traction as a possible solution to America’s workforce challenges. Here are some steps that states can take to expand apprenticeships.

By Sarah Ayres Steinberg, Ethan Gurwitz, and Ben Schwartz | Monday, June 30, 2014

June 2014

Economy article icon Issue Brief Five years after the Great Recession, conservative lawmakers continue to stifle our economy and the middle class.

By Christian E. Weller and Jackie Odum | Wednesday, June 25, 2014

How the Government Subsidizes Wealth Inequality

Carnegie's Skibo Castle article icon Issue Brief Wealth inequality has increased dramatically in recent years, and government subsidies for capital gains and dividends are only making the situation worse by helping the rich get richer.

By Harry Stein | Wednesday, June 25, 2014

Hours, Flexibility, and the Gender Gap in Pay

Equal Pay Day article icon Issue Brief There is a large hourly wage penalty associated with working fewer hours per week. While the effect is similar by gender, because women are more likely to work fewer than 40 hours per week, they experience the wage penalty more often.

By Claudia Goldin | Monday, June 23, 2014

Breadwinning Mothers, Then and Now

Mother and children book_alt2 icon Report Mothers’ economic contributions to their families are more important now than ever before, as the majority of families with children are headed by women who are either the primary breadwinner or share that responsibility with a partner. Knowing who these women are provides a better understanding of our current workforce and highlights the need to update our nation’s labor standards.

By Sarah Jane Glynn | Friday, June 20, 2014

Drivers of Job Creation

Jennifer Erickson, Director of Competitiveness and Economic Growth at the Center for American Progress, testifies before the Senate Committee on Banking, Housing, and Urban Affairs, Subcommittee on Economic Policy.

By Jennifer Erickson | Thursday, June 19, 2014