In this Public Policy Brief, Barry Bluestone and Teresa Ghilarducci argue for the need to establish "wage insurance" in the current environment of stagnating wages, increasing income instability, and rising adult poverty. The War on Poverty has succeeded in reducing the poverty rate for elderly...

Is the current labor market as tight as official statistics would seem to indicate? If incumbent workers increase their hours of work, it is irrelevant to the unemployment rate, but hardly irrelevant to the level of labor supply. Bluestone and Rose find that job insecurity and stagnating wages...