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ProfessorEmeritus of History, Labor and Interdisciplinary Studies, California State University, Dominguez Hills; board member of National Jobs for All Coalition. Author of Why America Lost the War on Poverty--and How to win it (Univ. of North Carolina Press, 2007; coming in June, 2020:American Unemployment: Past, Present, and Future
SHARE Friday, November 22, 2019 Happy Thanksgiving for Black Americans?
The article uses key numbers to show that while black unemployment rates are quite low, they are still pretty high and the official rates hide a lot of hidden black unemployment. Also, income and wealth holdings have fallen farther behind white levels since 2000.
(2 comments) SHARE Monday, October 15, 2018 Wages Rising?
Despite the best labor markets in years, real wages for rank-and-file workers are not rising much at all. Many reasons are mentioned, but the article highlights the fact that real unemployment is higher than the official rate says. The essay also discusses Amazon's $15/hour wage and where it fits into the picture.
SHARE Wednesday, August 22, 2018 Is Low Inflation the Path to Sustained Real Wage Growth?
Should we hope for less inflation as the way to get more real wage growth? Should we push for larger increases in nominal pay? I believe we should assume that inflation will usually be in the 2-3% range and that workers should be getting paycheck increases of 4 to 5% a year.
(37 comments) SHARE Tuesday, July 24, 2018 The Crummy Good Economy and the New Serfdom
Another effort to explain, at apparently full employment, real wages have gone nowhere for two years. New arguments about fast-food serfdom that limits worker mobility.
SHARE Tuesday, November 21, 2017 Republican Tax Cuts Are Not About Economic Growth or Lifting Working-Class Incomes
Dropping individual tax rates for rich people does not lift average Americans. Neither does cutting corporate taxes, as long as there is a plentiful supply of jobless workers and few strong unions. Don't expect a big jump in real business investment when many companies already have more money than they know what to do with.
(1 comments) SHARE Monday, May 15, 2017 Full Employment and How to Get It
Illustrates that we have had too much unemployment and lousy wages for forty years and shows that tax cuts for the 1% won't turn things around. Describes what a full-employment America might look like.
(1 comments) SHARE Sunday, December 11, 2016 What's Wrong with These Men? Why Aren't They Working?
Why are 7 million prime-age men not working or even looking for work? Just lazy? High government benefits are better? This article reviews the explanations and emphasizes the role of lousy wages as a disincentive. Includes a list of useful sources for those who want more.