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Economy: Archives

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

Expanding Financial Access Through Mobile Banking

Joe ValentiJoe Valenti, Director of Asset Building, testifies before the Consumer Financial Protection Bureau.

By Joe Valenti | Friday, June 13, 2014

Economy’s New Jobs Strain to Deliver Middle-Class Wages

GAP 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.

By Adam Hersh | Friday, June 6, 2014

What Have We Learned About Austerity Since the Great Recession?

Austerity article icon Issue Brief Research has given us a much better understanding of why austerity has been so harmful to economic recovery in the United States and European nations.

By Michael Madowitz | Friday, May 30, 2014

Harnessing the Tax Code to Promote College Affordability

Graduates pose for photographs article icon Issue Brief Progressive reforms to the tax code can help support college access and affordability, and benefit student-loan borrowers.

By Joe Valenti, David A. Bergeron, and Elizabeth Baylor | Wednesday, May 28, 2014

May 2014

President Barack Obama meets with business leaders in the White House article icon Issue Brief Despite a broken Congress, the president can still push progressive policies to help strengthen the middle class.

By Christian E. Weller and Jackie Odum | Wednesday, May 28, 2014

Can FHFA Save the Mortgage Market?

A housing development in Orange County, California.Tight credit may be keeping many qualified prospective homeowners on the sidelines, but they might be necessary for a full housing recovery. FHFA Director Mel Watt is working to ensure that qualified borrowers in all parts of the country have a shot at sustainable homeownership.

By Sarah Edelman and Julia Gordon | Friday, May 23, 2014

What the United States Can Learn from Scotland’s Apprenticeship Expansion

Scottish flags Scotland has doubled its number of apprenticeships while expanding their occupational and gender reach.

By Sarah Ayres Steinberg and Jennifer Erickson | Thursday, May 22, 2014