The U.S. economy has added 11.2 million private-sector jobs in the expansion since February 2010, but wages are still going nowhere.
Report Deeper structural changes are needed to reform China’s financial system and to rebalance its economy.
Nearly 40 percent of new jobs concentrated in low-wage industries.
Despite positive job numbers, the U.S. labor market still faces long-term quality and quantity problems.
The U.S. economy’s continued failure to grow inclusively along with unnecessary public spending cuts are weighing on the recovery.
Charts Reshoring tax incentives can ease the wage and employment pressures across the country.
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.