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Job Loss at $15 an Hour: Real Problem or Big Whopper?

The fast food industry has put its lobbyists into hyper-drive. Their concern is the growing public support for striking workers at the major chains who are demanding $15 an hour. The lobbying groups argue that this sort of pay hike

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Posted in A Fair Deal at Work, Minimum Wage

U.S. economy added 195,000 jobs in June, employment-to-population ratio edges up

The Labor Department reported the economy added 195,000 jobs in June. With upward revisions to the prior two months data, this brings the average gain over the last three months to 196,000. While the unemployment rate was unchanged at 7.6

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Posted in An Inclusive Economy

Using market leverage on drug prices could save Washington state up to $1.2 billion

Americans pay far higher prices for prescription drugs than do people in other wealthy countries. The reason that other countries spend so much less on drugs is that their governments negotiate prices with the pharmaceutical industry. The United States government

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Posted in A Fair Deal at Work, Health Care

Modest Minimum Wage Increases Have Little Impact on Employment

Modest increases in the minimum wage – such as the one proposed by President Obama in his State of the Union address – have little impact on employment, finds a new paper from the Center for Economic and Policy Research. The paper,

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Posted in A Fair Deal at Work, Minimum Wage

How the Chained CPI is a stealth cut to Social Security benefits

The Center for Economic Policy Research (CEPR) has published a brief on one of the proposed changes to Social Security under the “fiscal cliff” deal – this one known as the “Chained CPI.” The Chained CPI is a bit complex,

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Posted in A Fair Deal at Work, Retirement Security, Social Security

Increase in Retirement Age Disproportionately Hurts Workers at the Bottom

The Center for Economic and Policy Research has just released a new report exploring the facts behind recent calls for raising Social Security’s retirement age. [Full disclosure: Dean Baker, CEPR’s co-director, is a member of EOI’s board.] In their own

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Posted in A Fair Deal at Work, Retirement Security, Social Security
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