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Skinny wages, fat profits: The American economy is out of balance

These two graphs go a long way toward explaining why the U.S. economy is still in the doldrums. 1) Wages, as a share of economic activity (GDP) have never been lower: 2) While corporate profits (as a share of GDP)

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Posted in A Fair Deal at Work, Minimum Wage

Poll: Overwhelming support for $10/hour minimum wage – unless you watch Fox News

Fully two-thirds of Americans (67%) favor increasing the minimum wage from $7.25 an hour to $10.00 an hour. According to Public Religion Research Institute’s 2011 American Values Survey, strong majorities of nearly all demographic groups support this sizeable hike in

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Posted in A Fair Deal at Work, Minimum Wage

So-called recovery means less income for working and middle class

A recent report by Sentier Research shows real median household income is continuing to decline for the American working and middle class. The typical household income has lost more income since the economy recovery supposedly began than during the Great

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Posted in An Inclusive Economy

Equal Pay Day highlights earnings gap for women, need for paid sick days

Today is Equal Pay Day, which each year highlights the continuing disparity between men’s and women’s earnings. This disparity, commonly known as the ‘wage gap‘, shows just how far we still have to go to achieve gender equity. Despite making

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Posted in A Fair Deal at Work, An Inclusive Economy, Equal Pay, Paid Sick Days

Cutting Workers’ Pay and Benefits Doesn’t Help Economic Recovery

By Stan Sorscher, from the Huffington Post: Public attitudes toward workers send a weird mixed message lately. We are busy ripping out support for wages and benefits, while simultaneously asking why the recovery is going badly. Diane Ravitch’s bitter joke

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Posted in An Inclusive Economy, Column

Report: Take WA State Workers Off the Chopping Block

From the Public News Service: SEATTLE – Wisconsin Gov. Scott Walker may be facing off against his state’s workers over the budget crunch, but in Washington state, a new report says there’s no need for that. It also reinforces President

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Posted in An Inclusive Economy, Column

Public employees earn less than their private sector counterparts

Part 1 | Part 2 | Part 3 Public employee benefits are on the chopping block across the country as state and local governments look for ways to reduce spending. Public revenues remain low due to the lingering effects of

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Posted in An Inclusive Economy

Lessons from Wisconsin: Building a stronger middle class

From the Everett Herald: The other night I had a chance to talk to students and faculty at Seattle Central Community College. We discussed the lopsided equations of income and wealth which have become the norm in our state. The

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Posted in An Inclusive Economy, Column

Increase the minimum wage to spur economic growth

By Michael Reich | The Herald News While debates about how to promote jobs and economic growth while tackling the deficit have dominated the political conversation for the past year, an effective strategy for boosting the economy without increasing government

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Posted in A Fair Deal at Work, Minimum Wage

Worst wage drop since Great Depression is bad news for American workers — and businesses

The Wall Street Journal reports the bottom has fallen out for American families: wages have taken the worst plunge ever since the Great Depression. Chances are good it will take years, if not decades, for wages to rebound to pre-financial

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Posted in An Inclusive Economy, EOI
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