unemployment

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

Working While Black: Black Worker Activism in the 21st Century

April 5, 2018

Executive Producer Eddie Conway speaks with Tanya Wallace-Gobern of the National Black Workers Center about educating and mobilizing the black community to fight back against workplace discrimination and exploitation

‘Normalizing’ Britain’s Interest Rates by Raising Them May Slow Economy

February 12, 2018

The Bank of England announced plans to raise interest rates to combat inflation, but the actual effect will be to slow its economy and raise unemployment in light of a phantom threat, explains economist Mark Weisbrot

Potential Fed Chair Kevin Warsh: A ‘Classic Trump Pick’

October 13, 2017

President Trump’s consideration of Kevin Warsh to replace Janet Yellen as chair of the Federal Reserve would be a typical Trump appointment: a wealthy, well-connected investment lawyer with a terrible track record, says economist Dean Baker