Tag Archives: #BlackUnemployment

Precariat: a new social class in America’s new normal | #Economics on Blog#42

I’ve been writing and commenting on the new economy for the better part of the last six years. Continue reading Precariat: a new social class in America’s new normal | #Economics on Blog#42

Blog#42: in-depth analysis of Hillary Clinton’s economic speech

Hillary Clinton gave her long-awaited economic speech this week. Continue reading Blog#42: in-depth analysis of Hillary Clinton’s economic speech

MLK died warning us about inequality back in the 60’s | Social #Activism on Blog#42

I came across an excellent mash-up of segments from Martin Luther King’s speeches on poverty and the end of an interview of James Baldwin in PBS’ “The Negro and The American Promise.” These two men expressed, in ten minutes and fifty three seconds, far more than Thomas Piketty did in a seven hundred-page book. Continue reading MLK died warning us about inequality back in the 60’s | Social #Activism on Blog#42

Full Employment, African American Employment and Wages | EPI

The Impact of Full Employment on African American Employment and Wages | Economic Policy Institute.

By Valerie Wilson | March 30, 2015

This paper is part of the Full Employment Project of the Center on Budget and Policy Priorities. It was presented by Valerie Wilson on Monday, March 30, 2015, as part of a forum entitled “Full Employment: How Can We Get There and Stay There? Why Does It Matter?”.

Continue reading Full Employment, African American Employment and Wages | EPI

@BillMoyersHQ: The Full #Employment Route to #Poverty Reduction

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, DC. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. His blog, Beat the Press, features commentary on economic reporting.

Efforts to alleviate poverty are often seen as being separate from the debate on overall economic policy, with the former involving a distinct set of issues that only marginally overlap with the latter. This is unfortunate, since the health of the economy and specifically the level of unemployment, has an enormous impact on the prospects of the poor. In fact, there are few policies that are likely to have as much effect on improving the plight of the poor or near poor as a genuine commitment to full employment economic policies.

There are three separate channels through which a reduction in the unemployment rate is likely to benefit low-income people. The first is simply by increasing their probability of finding jobs. Unemployment is not evenly distributed throughout the workforce; the less-educated and disadvantaged see the sharpest rises in unemployment when the economy goes into a downturn. Continue reading @BillMoyersHQ: The Full #Employment Route to #Poverty Reduction