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, we estimate that this large population lowered the total male employment rate that year by 1.5 to 1.7 percentage points …. In GDP terms, these reductions in employment cost the U.S. economy between $57 and $65 billion in lost output. …
Persistent link: https://www.econbiz.de/10008727348
In this report, we review the most recent data available to examine the impact of unionization on the wages and benefits paid to black workers. These data show that even after controlling for factors such as age and education level, unionization has a significant positive impact on black...
Persistent link: https://www.econbiz.de/10010741287
This report updates an earlier report from January of 2007, which found a steep rise in illegal firings of pro-union workers in the 2000s relative to the last half of the 1990s. It updates the index of the probability that a pro-union worker will be fired in the course of a union election...
Persistent link: https://www.econbiz.de/10004999568
During the negotiations over raising the debt ceiling, President Obama proposed cutting the annual cost of living adjustment for Social Security by switching to an index that would show a lower measured rate of inflation. This alternative index, the chained consumer price index (CCPI-U), shows...
Persistent link: https://www.econbiz.de/10009322492
Millions of American workers are poorly compensated for the work they do. This is not because they do not work hard or deserve adequate compensation. Rather, it is due to a political failure to ensure that increases in economic growth and productivity over the last several decades have been...
Persistent link: https://www.econbiz.de/10009359468
There have been a number of proposals in policy circles that involve raising the Social Security retirement age. This is viewed as both a way to reduce or eliminate the projected shortfall in the program and also a response to projected increases in longevity. This paper examines the impact of...
Persistent link: https://www.econbiz.de/10010556771
There is enormous public confusion (much of it deliberately cultivated) about the extent of Social Security’s projected shortfall. Many policymakers and analysts point out that projections from the Congressional Budget Office and the Social Security Trustees show the program to be out of...
Persistent link: https://www.econbiz.de/10008694896
Disability is both a fundamental cause and consequence of income poverty. The income-poverty rate for persons with disabilities is between two to three times the rate for persons without disabilities. Yet, contemporary policy debate and research about income poverty in the United States is...
Persistent link: https://www.econbiz.de/10008545815
Employment in physically demanding jobs or in jobs with difficult working conditions is a major cause of early labor …
Persistent link: https://www.econbiz.de/10008492934
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