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Nearly 2 million direct care workers would benefit from a $15 minimum wage by 2025

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Nearly 2 million direct care workers would benefit from a $15 minimum wage by 2025

A new EPI report finds that a $15 federal minimum wage by 2025 would raise pay for one-half of direct care workers who provide long-term services and support (LTSS), or 1.9 million workers. The vast majority (90.7%) of LTSS direct care workers who would get a raise are women, and half (50.0%) are Black, Hispanic, […]

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Workplace Vaccine Mandates: Unvaxxed Say They’ll Quit First, Few Do

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Workplace Vaccine Mandates: Unvaxxed Say They’ll Quit First, Few Do

Workplace Vaccine Mandates: Unvaxxed Say They’ll Quit First, Few Do By Jack J. Barry, University of Florida; Ann Christiano, University of Florida, and Annie Neimand, University of Florida — Are workplace vaccine mandates prompting some employees to quit rather than get a shot? A hospital in Lowville, New York, for example, had to shut down […]

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American wage and job growth to chill this fall, warm by year-end

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American wage and job growth to chill this fall, warm by year-end

American wage growth in 2021 has been the most robust in 20 years, spurred by economic reopening as workers get vaccinated, according to economic research group The Conference Board. But that may be about to change. That spurt of American wage growth may be about slow despite continued labor shortages in some businesses and the […]

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Private Equity Destroyed My Job

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By Shirley Smith | September 15, 2021 — Not long ago, I was a saleswoman and manager at Art Van Furniture, a furniture retailer that was an institution in metro Detroit for over half a century. It was more than a job. My coworkers were my family, and we were all proud to work for […]

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Working Parents Want Remote Work After Pandemic, Survey Finds

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Working Parents Want Remote Work After Pandemic, Survey Finds

In a post-pandemic world, 61% of working parents want remote work full-time, while 37% prefer a hybrid work arrangement, according to a survey commissioned by Flexjobs.com. Additionally, 62% say they would quit their current job if they can’t continue remote work. Between March and April 2021, FlexJobs.com, a remote work employment website,  surveyed more than […]

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Millions Fell Through the Unemployment Benefits Safety Net On Labor Day

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Millions Fell Through the Unemployment Benefits Safety Net On Labor Day

By Kevin Vazquez | Sep 15, 2021 | —  Last week, on Labor Day, an estimated 8.9 million workers and their families lost federal unemployment benefits, and nearly three million more had their weekly checks reduced by $300 per week. The Biden administration, despite the entreaties of many workers, activists, labor unions, and other organizations, […]

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Stimulus Payments Lifted 11.7 Million People Out of Poverty During the Pandemic in 2020

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Stimulus Payments Lifted 11.7 Million People Out of Poverty During the Pandemic in 2020

The more than $400 billion in two rounds of stimulus payments the government distributed during the pandemic helped lift 11.7 million people out of poverty in 2020, according to the Supplemental Poverty Measure (SPM) released today. The U.S. Census Bureau publishes SPM, an alternative to the official poverty measure that incorporates the value of noncash […]

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In-Person Workers Slow to Return to Jobs, Data Shows

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In-Person Workers Slow to Return to Jobs, Data Shows

This report from Stateline, an initiative of the Pew Charitable Trusts, detailed show in-person workers, those who cannot telecommute, are reluctant to return to work as the COVID-19 pandemic continues. By Tim Henderson, Stateline, an initiative of The Pew Charitable Trusts — Donald Trinks is seeing both sides of the labor problem in his restaurant: […]

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U.S. Economy Snapshot September 2021

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U.S. Economy Snapshot September 2021

U.S. Economy Snapshot September 2021 U.S. Economy Snapshot is a monthly presentation of the New York Federal Reserve Bank branch designed to give you a quick and accessible look at developments in the economy. Overview of the September 2021 Snapshot Data over the month showed slower employment growth and some easing of inflation pressures. Output […]

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Weekly Jobless Claims Near Pandemic Low, Labor Shortages Slow Growth

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Weekly Jobless Claims Near Pandemic Low, Labor Shortages Slow Growth

Last week the number of Americans filing new claims for jobless benefits fell to the lowest level in nearly 18 months further evidence that job growth is being slowed by labor shortages rather than declining demand. In the week ending September 4, the advance figure for seasonally adjusted initial claims was 310,000, a decrease of […]

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