unemployment

Unemployment is Down - Why Aren't Wages Up?

Why Aren't Wages Up?

April 7, 2019
In the recent jobs report, employment increased rapidly, but wage growth slowed down. Why? Gerald Epstein joins Paul Jay
Homicide and Baltimore’s Black Butterfly - RAI with Eddie Conway (12/12)

Reality Asserts Itself - Eddie Conway

March 26, 2019
Murders take place in Baltimore at a rate that compares with New York, thirteen times the size; Eddie Conway says deep poverty, unemployment, and brutal policing are contributing factors to the murder epidemic – on Reality Asserts Itself with Paul Jay
Job Growth Slows to 20,000 in February, Modest Acceleration in Wage Growth

Job Growth Slows to 20,000 in February, Modest Acceleration in Wage Growth

March 8, 2019

By Dean Baker The index of aggregate hours fell 0.3 percent in February and is below the December level. The Bureau of Labor Statistics (BLS) reported the economy added just 20,000 jobs in February. While this is a very weak number, it most likely is a bounce back from the extraordinarily rapid growth reported in…

US Unemployment Rate Hits 50-Year Low: What Does the Number Reveal and Conceal?

US Unemployment Rate Hits 50-Year Low: What Does the Number Reveal and Conceal?

October 15, 2018

September’s unemployment rate dropped to a 50-year low, but what is behind this statistic, how does it affect ordinary citizens, and can Trump take credit for the drop? We discuss these questions with PERI’s Gerald Epstein

The Economy Under Trump: Business Optimism Combined with Inequality

The Economy Under Trump: Business Optimism Combined with Inequality

September 12, 2018

Trump’s Chair of Economic Advisors presented a glowing analysis of how business optimism and investment boomed with Trump’s election. But what do these figures mask and how accurate are they? We take a closer look at the data with PERI’s Gerald Epstein

Rapid GDP Growth: Does Trump Deserve the Credit?

August 27, 2018

Trump and his supporters argue that the 2017 corporate tax rate cuts are spurring economic growth. Is there any truth to this? We discuss the real effects of the tax cuts with economics professor Gerald Epstein of PERI at UMass Amherst

Unemployment at the Heart of Italy's Economic Crisis

Unemployment at the Heart of Italy’s Economic Crisis

June 1, 2018

Italian President calls on Five Star and Lega to choose another Finance Minister if they wish to form a government.  Economist Bill Black and Mark Weisbrot discuss the political dynamics and the economic crisis

Official Unemployment is at 3.9%? Economist Robert Pollin Says It Is More Like 12%

Official Unemployment is at 3.9%? Economist Robert Pollin Says it is More Like 12%

May 14, 2018

Unemployment is low and standard economic theory says that when unemployment drops, wages should rise. However, the latest Department of Labor report shows that even though unemployment has reached historic lows at 3.9%, wages are not rising. Why? We explore the reasons with Prof. Robert Pollin

Reality Asserts Itself - Rana Foroohar

May 9, 2018
On Reality Asserts Itself, Ms. Foroohar says the legalization of stock buybacks in 1982 allowed companies like Apple to now spend only 15% of their investments on R&D, while the majority is spent on market manipulation; the Financial Times columnist and author of “Makers and Takers” says the move from traditional pensions to 401k’s makes everyone feel they benefit from finance, when the vast majority of profits go to the elites and most people’s living standards deteriorate – with host Paul Jay