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Synthesizing previous CEPR research, this report uses a new methodology to better assess the economic security of working families. Rather than using the federal poverty line as a metric for a family's economic hardship, the authors of this report use basic family budgets and consider the role...
Persistent link: https://www.econbiz.de/10005048511
This research brief summarizes recent findings by the Center for Economic and Policy Research on job quality and workers' economic security. Using a rigorous methodology that improves on other more standard measures of economic security, we find that one in five Americans in working families...
Persistent link: https://www.econbiz.de/10005048518
Following the most recent recession, an attempt has been made to explain current levels of unemployment as resulting from structural unemployment, or a mismatch between the skills of the unemployed and the types of jobs available. The evidence, however, indicates that the issue is actually a...
Persistent link: https://www.econbiz.de/10010579001
The unemployment rate is expected to average 10.2 percent for 2010, 9.1 percent for 2011, and 7.3 percent for 2012. With this in mind, this Issue Brief describes a job sharing tax credit, designed to provide a quick and substantial boost to the economy. It would use tax dollars to pay firms to...
Persistent link: https://www.econbiz.de/10008545820
Economists are increasingly coming to the recognition that the current downturn is likely to be longer and more severe than they had expected at the time the last stimulus package was approved in February. As a result, there is likely to be interest in additional stimulus in order to boost the...
Persistent link: https://www.econbiz.de/10004999566
This paper reviews the recent labor-market performance of 21 rich countries, with a focus on Denmark and Germany. Denmark, which was widely seen as one of the world's most successful labor markets before the downturn, has struggled in recent years. Germany, however, has outperformed the rest of...
Persistent link: https://www.econbiz.de/10009024458
The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a consensus among economists that the Great Recession is very likely over. Unfortunately, the end of the official recession will have little visible...
Persistent link: https://www.econbiz.de/10008545825
There has been a serious push in policy circles to cut Social Security benefits for near- and/or current retirees. The argument for such cuts has been based on the deficits in the federal budget; the finances of the Social Security program have been at most a secondary consideration. However,...
Persistent link: https://www.econbiz.de/10008526372
Employment in physically demanding jobs or in jobs with difficult working conditions is a major cause of early labor-market exit among older workers. Raising the retirement age is particularly concerning for near-retirement age workers with such jobs. Despite the fact that the retirement age...
Persistent link: https://www.econbiz.de/10008492934
Unlike a century ago, people expect their children to live past the age of retirement. This fact has important implications for how workers save for retirement, but has no specific implications for the retirement portion of Social Security. In addition, the increase in life expectancy is not...
Persistent link: https://www.econbiz.de/10008568136