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Article Artículo

Election Day in Haiti – Live Updates
The elections have now passed, in what has generally been described as a more peaceful election day than the first round. There were still many problems however, and most reports from on the ground indicate that turnout was very low. It is important to ke

Jake Johnston and CEPR / March 20, 2011

Article Artículo

Labor Market Policy Research Reports, March 13-18, 2011

This week, we post links to reports from Center for American Progress, Center for Economic and Policy Research, Center on Budget and Policy Priorities, Demos, Economic Policy Institute, and National Employment Law Project.

CEPR and Sairah Hussain / March 18, 2011

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Economic Growth

Workers

Structural Unemployment in JOLTS?

Earlier this week, my colleague John Schmitt and I released a paper, “Deconstructing Structural Unemployment,” highlighting some additional data that counters the argument coming from some quarters that what we are seeing today is a dramatic increase in structural rather than cyclical unemployment. We used data from the Bureau of Labor Statistics’ Displaced Workers Survey to show that even though construction workers were more likely to become displaced over the three years 2007-2009, they were strikingly similar to other workers in terms of finding new work, being geographically mobile, and taking pay cuts in new jobs. We also looked at whether or not “housing lock” – immobility caused by decreases in housing prices – might be contributing to structural unemployment, and found that the effects are miniscule and, regardless, not caused by structural problems in the labor market.

CEPR / March 17, 2011

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LIVE BLOG: Aristide Returns to Haiti
As has been widely reported, former Haitian President Jean-Bertrand Aristide is now back in Haiti, ending his seven year exile in South Africa. We'll be updating this space throughout the evening and over the weekend with the latest updates from twitt

CEPR / March 17, 2011

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Health and Social Programs

Andrew Sullivan and the Atlantic: Means Testing Gets Really Mean

Andrew Sullivan has put forward a dramatic proposal for means testing Social Security. He wants to eliminate all Social Security benefits for individuals with non-Social Security incomes above $40,000. In addition, he wants to raise the retirement age to 70. Let's take these in turn.

First, $40,000 is probably a bit low for most people's definition of wealthy. Most people probably don't think of firefighters and nurses as wealthy, but we don't live in Mr. Sullivan's world.

So, in the interest of dealing with projected deficits in the years ahead, rather than taxing the rich, taxing financial speculation, fixing the health care system, or cutting defense, Mr. Sullivan wants to use a "Social Security" tax on the wages of middle class workers to pay for shortfalls elsewhere in the budget. I look forward to seeing candidates running on this platform.

Dean Baker / March 17, 2011