Photo by NOAA on Unsplash. Different states have responded differently to the proposed $400/$300 federal extended unemployment benefits. How about Kentucky and Indiana? Last week we explained the President’s Memorandum of August 8 which extended reduced federal unemployment benefits. The $600 weekly benefit had expired on July 31. The House of Representatives had previously passed a bill extending the $600 … Read More
New Greatly Enhanced Unemployment Benefits
A series of new very beneficial unemployment benefits are coming from the massive coronavirus relief law—much more money for many more people. Our blog post last week was about the emergency $1,200 Economic Impact Payment that’s “rapidly” coming to most American adults. (Plus $500 for each qualifying dependent child.) For updates on this payment since then, see the … Read More
Sensible Reasons Why Middle Class Wages Have Not Increased in the Last 10 Years
Wages have not been rising because of high unemployment, increasing employer health care costs, and the shift to lower paying jobs.
Labor Day and the “Lost Decade” for Wage Growth
Todayâs worsening income inequality is partly explained by stagnant middle class wages during the last decade. Why AREN’T wages rising?
A Sensible Explanation for the “Jobless Recovery”
Corporate profits are very high, while unemployment remains high. Why aren’t businesses hiring more? Because they don’t think they need to.
Declines in Educated Americans’ Income After the Great Recession
Income has gone down since the official end of the recession in spite of more education.