Issue Brief posted May 3, 2013
Heritage Employment Report: Sequester Does Not Shower on Economy in April
The Bureau of Labor Statistics’ April employment report found healthy growth in the labor market in April. Employers added 165,000 net jobs, and the unemployment rate fell slightly to 7.5 percent. While falling short of expectations for a recovery from a deep recession, this would be considered decent growth in normal economic times. However, the improvement in…
Issue Brief posted April 5, 2013
Heritage Employment Report: March Job Market Goes Out Like a Lamb
The Bureau of Labor Statistics (BLS) jobs report for March had some silver linings, but overall the report was disappointing. Employers added a net of only 88,000 new jobs, and labor force participation dropped sharply. The labor force drop caused the unemployment rate to fall by 0.1 percentage point to 7.6 percent despite the low job gains. However, revisions to the…
Issue Brief posted March 8, 2013
February Employment Report: Has the Economy Seen Its Shadow?
The Bureau of Labor Statistics’s (BLS) February employment report showed solid labor market growth. Employers added 236,000 net new jobs, and the unemployment rate dropped to 7.7 percent from 7.9 percent. However, the labor market is weaker than the headline numbers suggest.
It remains unclear whether the labor market is improving. One factor that Congress should not…
Issue Brief posted February 28, 2013
Who Earns the Minimum Wage? Suburban Teenagers, Not Single Parents
In his State of the Union address, President Obama called for raising minimum wage to $9.00 an hour. He argued that “no one who works full-time should have to live in poverty.” Most minimum-wage workers, however, are not poor. Congress should examine which workers—that would not lose their jobs—would benefit from a higher minimum wage.
Data from the Bureau of Labor…
Center for Policy Innovation Discussion Paper posted February 26, 2013
Returning the Unemployed to Work: Adding Online Education to Unemployment Insurance
Millions of Americans have remained stuck on unemployment insurance (UI) during the weak recovery. Congressional debate has largely focused on the amount and duration of UI benefits—currently almost one and a half years. Yet policymakers have done little to reform the UI system to help the long-term unemployed acquire the skills that they need to return to work more…
Issue Brief posted February 1, 2013
January Jobs Report: No Unemployment Thaw in Sight
Unemployment increased to 7.9 percent in January. While the number of Americans looking for work remains above 12 million, the unemployment rate remains at its October level. The long-awaited labor market recovery remained as distant as ever in January.
Factors are holding back employment growth that economic forecasters have not incorporated into their models. One such…
Issue Brief posted January 23, 2013
Labor Unions: Declining Membership Shows Labor Laws Need Modernizing
Union density in the American workplace fell to another new post–World War II low of 11.3 percent in 2012. Private-sector union membership fell to 6.6 percent—less than when President Franklin Roosevelt signed the National Labor Relations Act (NLRA).
U.S. labor laws do not meet the needs of modern American workers. The laws prevent union members from receiving individual…
Issue Brief posted January 4, 2013
Heritage Employment Report: In December Out with the Old, In with the Same Thing
The December employment report from the Bureau of Labor Statistics (BLS) shows that 2012 ended with an unemployment rate of 7.8 percent and 155,000 new jobs. The labor market has not had an adequate recovery and has made little progress from 2011 to 2012. Many American workers will experience permanent lower lifetime earnings as a result of the poor economic recovery,…