Archive for the ‘New Posts’ Category

Rockefeller Foundation launches an equity/opportunity investment targeting low-income people/places.

February 25th, 2020

It’s takes a village–a robust suite of policies and institutional supports–to reconnect a lot of people and places who’ve long been left behind to overall economic growth. There are roles for government at all levels, with the federal gov’t poised at the top, both in terms of setting policy precedents and financing sub-national initiatives (remember,… Read more

Another solid jobs report, with lots of evidence that there’s still room-to-run in this labor market.

February 7th, 2020

Employers added 225,00 jobs last month as the unemployment rate ticked up slightly to 3.6 percent, largely due to more people entering the job market, yet another sign that there’s still room-to-run in this long labor-market expansion. Wage growth, a perennial soft spot in recent jobs reports, ticked up slightly to a yearly rate of… Read more

2019: A robust year for job growth; less so for wage growth

January 10th, 2020

Payrolls rose 145,000 last month, capping off a strong year for job gains with payrolls up 2.1 million over the year, an average of 176,000 per month. These are solid numbers, especially at this stage in a uniquely long expansion, but as we show below, their magnitude is well within historical context. In fact, in… Read more