One of the most interesting links I found while researching last week’s post on Teach For America was the item on how TFA hiring in Connecticut was denying job opportunities to local residents. It occurred to me that the author was getting an on-the-ground look at a similar phenomenon I’ve observed with the oil and gas industry in Ohio (and presumably elsewhere): both TFA and fracking rely on short term, out of state labor.
|By: Mike Konczal Sunday January 19, 2014 1:59 pm|
In 2009 there was the Keynesian moment. With the economy shedding hundreds of thousands of jobs a month, with the financial system imploding and GDP crashing, the US government stepped in with a stimulus bill designed to get spending started, to boost the states, and to invest for the long-term. At a spending level nowhere near the challenged, President Obama still managed to oversell what it would deliver. By 2010, with unemployment still high, Democrats would silently walk away from the entire endeavour.
This lead to the counter-Keynesian assault of 2011-2012, politically lead by the Tea Party in Congress.
|By: dakine01 Sunday August 18, 2013 8:55 am|
These last few years, I have occasionally found myself watching the TV show Undercover Boss.
Most of the shows I’ve seen have the “undercover” person meeting front line workers and being shown how the person does the job. As the worker and undercover boss do the task(s), they talk together and we hear the stories of the workers. It may be how the worker is a single mother worrying about how she will pay for her children’s education. It may be the story of how the worker volunteers at a homeless shelter. Whatever the story the worker has to tell, it is usually some variation on heart warming to heart wrenching.
At the end of the episode, the workers the “undercover boss” has met are brought to the headquarters where they then meet the boss in his/her real life. Sometimes they recognize the person they knew as a worker, sometimes they don’t .
|By: Other Worlds Thursday May 23, 2013 5:45 am|
The Food Chain Workers Alliance has a goal of nothing less than full rights and fair wages for the 20 million workers who grow, harvest, process, pack, ship, cook, serve, and sell food in the US. Founded in 2009, the Alliance brings together 11 organizations representing workers throughout the food supply chain. It is organizing across sectors, building solidarity between workers in different industries. It is pushing for policy changes and educating and activating consumers so that we can all better align our food purchases with our principles. The Alliance also draws attention to the ways in which institutional racism in the US and around the world has produced a food system reliant on the exploitation of immigrants and people of color.
|By: William Black Saturday January 5, 2013 1:59 pm|
I am hosting the Firedoglake discussion of my colleague Randy Wray’s new “Primer” on macroeconomics. Macroeconomics is the study of the overall economy – economic growth, recessions, depressions, inflation, unemployment, and employment are big issues that macroeconomics studies. The key policies it addresses are usually divided into fiscal (tax and spending) and monetary policies (the growth of the money supply and setting interest rates).
The concept of monetary tools has broadened as we have seen the Federal Reserve change what had been a severely constrained “lender of last resort” function of the central bank into the most massive bailout program in history. Similarly, the central bank’s interest rate setting function that was long focused on short-term rates has expanded into large experiments that attempt to lower long-term interest rates (“quantitative easing”).
|By: Michelle Chen Friday October 26, 2012 5:00 pm|
Once again, affirmative action is on trial in the Supreme Court. The pending case, Fisher v. University of Texas at Austin, challenges U.T. Austin’s admissions policy, which aims to bring in more students of color by considering race among other factors. The case is driven by the misplaced racial anxieties provoked by affirmative action, but it might offer a platform for truly grappling with the nature of institutional racism and the oft-politicized, seldom-understood concept of “equal opportunity” in schools and workplaces.
|By: Knut Saturday May 19, 2012 1:59 pm|
It is an honor and a pleasure to have Paul Krugman at the Lake this afternoon for a conversation on End This Depression Now! Dedicated “To the unemployed, who deserve better,” the book is a condemnation of the policies and mind-set that have produced the worst economic depression since the 1930s. And unlike the Great Depression, which contemporaries did not understand, we know what to do; the current depression is entirely self-inflicted. The broken homes and ruined lives are not attributable to acts of God or the inscrutable logic of the market, but are the direct consequence of public decisions that have amplified the inherent risk of private credit by deregulating financial operations and the attempt to balance the budget when aggregate private demand is collapsing. The central message is that none of this suffering is necessary, and none of it is justified.
|By: Dean Baker Saturday May 5, 2012 10:00 am|
Peter Coy is ordinarily a pretty good reporter, but he really misses the boat with this chart, with the comment, “this jobs recovery is weak, all right, but right in line with the past two recoveries.”
|By: Gregg Levine Friday January 27, 2012 3:10 pm|
If the US fought for the post-carbon economy the way it fights for nebulous state-building goals in foreign wars, the future would be brighter, cleaner, safer and cheaper, with more jobs and perhaps – because it would need to secure less of that foreign oil -fewer wars. If the country built new classrooms with the same urgency it built armored vehicles, more American teens could be choosing between colleges instead of choosing between minimum and sub-minimum wage jobs – and fewer would eventually need public assistance. If the government spent more on blackboards and less on bullets, it would create more jobs today and more innovation in the future.
|By: June Carbone Sunday November 20, 2011 1:59 pm|
Kalleberg’s solution requires rethinking the social contract, a tough sell in individualistic America. He refers to the European concept of “flexicurity,” which seeks to combine employer flexibility with worker security. Doing so requires rethinking the relationship between public and private. The essential elements of such a model require universal, affordable, portable health insurance which ideally should be separated from employment. It also requires a more secure and portable pension system, more generous unemployment insurance, and greater opportunities to acquire new skills and education over the course of a lifetime. If employment is more transient and employers invest little in their workers, then a revitalized social safety net needs to fill in the gaps.