The effects of unemployment spread like a virus

A possible cure for the economic crisis caused by the pandemic? The job guarantee. Pavlina Tcherneva of Bard College explains the job-creation idea.
The job guarantee concept is simple: For everyone who wants a job, a job will be provided by the government.
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Unaffordable housing and slower job growth go hand in hand

Jan 15, 2020
The National Association of Realtors finds that metro areas with declining home affordability have less job growth.
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Jobs report preview: Behold, the GM effect

Oct 31, 2019
Don't expect much from the Labor Department's monthly numbers, analysts say.
Members of United Auto Workers picket outside of General Motors Detroit-Hamtramck Assembly during the strike on Oct. 16.
Jeff Kowalsky/AFP via Getty Images

Job creation revised down by 500,000

Aug 23, 2019
Bureau of Labor Statistics annual benchmark revisions find job creation was weaker than originally reported last year.
A "now hiring" sign is posted on a table during a career fair for veterans in San Francisco, California.
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Wage growth stalls in July

Aug 2, 2019
Annual growth in average hourly earnings has fallen back after hitting 3.4% in Feburary, a post-recession peak.
Job seekers look over job opening fliers at a job fair in Pasadena, California in 2009.
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Here’s why U.S. small businesses don’t export more

May 21, 2018
The Commerce Department kicks off World Trade Week on Monday. It’s honoring 43 U.S. exporters. Thirty-three of them are small- or mid-sized businesses. But as it turns out, small businesses could be exporting more. Click the audio player above to…

The pace of job creation has been slowing

Feb 2, 2018
The pace of job creation has declined every year since a post-recession peak of 250,000 per month in 2014. Last year, job creation was down to about 170,000 per month. And it could slow even more over the next couple…

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Bottlenecks in economy can mean companies turn away business

Jan 4, 2018
With growing labor shortages in some industries, companies may have to limit their growth.
In an increasingly tight labor market, Cup & Saucer Cafe in Portland, Oregon, is always looking to hire new wait staff. The manager of this location — one of three in the city — said skilled short-order cooks are in especially short supply these days.
Mitchell Hartman/Marketplace

A corporate tax cut and jobs might not go hand in hand

Nov 9, 2017
The Trump administration has said that high corporate taxes in the U.S. drive jobs overseas so, in theory, cutting taxes will bring back jobs, or create new ones. But, lower corporate taxes are not at the top of the list…

Whole Foods experiment in Chicago aims to foster local businesses

Sep 29, 2016
A local development group hosted workshops for business owners so they could learn how to make labels and meet quality standards.
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