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The May 2023 issue of the New Labor Forum discusses the systemic flaws in the United States’ two-tiered minimum wage system, focusing on the long-overlooked federal subminimum wage for tipped workers

Sylvia Allegretto / May 15, 2023

Article Artículo

David Brooks and the “Which Way Is Up?” Problem in Economics

May 12, 2023

book Libro

Haiti

Latin America and the Caribbean

World

Aid State

Haiti’s state is near-collapse: armed groups have overrun the country, many government officials have fled after the 2021 assassination of President Moise and not a single elected leader holds office, refugees desperately set out on boats to reach the US

Jake Johnston / May 12, 2023

Article Artículo

The Golden Solution for Dealing with the Debt Ceiling

Dean Baker / May 12, 2023

Article Artículo

COVID-19

Health and Social Programs

Children and Youth Nearly Twice as Likely to Die in the South as in New England

The mortality rate for children and youth in the Southeastern This article uses Bureau of Economic Analysis regional definitions.

Algernon Austin / May 10, 2023

Article Artículo

Media

Turkey

World

Contrary to What the New York Times Tells You, the Turkish Economy Has not Been Shrinking for a Decade

While it is true that Turkey has inflation, it is wrong to claim that Turkey’s gross domestic product has been declining.

Dean Baker / May 10, 2023

Article Artículo

COVID-19

Economic Crisis and Recovery

Economic Growth

Inflation

United States

Joe Biden Has Given Us the Greatest Economy Ever

We now have the greatest economy ever. I’m saying that because President Biden won’t and everyone knows damn well that if Donald Trump was in the White House, and we had the same economic situation, he would be boasting about the greatest economy ever all the time.

Dean Baker / May 10, 2023

Jobs Byte Artículo

Economy Adds 253,000 Jobs, Black Unemployment Hits New Record Low of 4.7 Percent

If the Fed’s rate hikes don’t due too much damage going forward, and we don’t see serious fallout from the banking crisis, the labor market looks great.

Dean Baker / May 05, 2023

Article Artículo

The Teacher Pay Penalty Hit a New High in 2021

Over the last 18 years, EPI has closely tracked trends in teacher pay. Over these nearly two decades, a picture of increasingly alarming trends has emerged.

Sylvia Allegretto / May 05, 2023

report informe

The Human Consequences of Economic Sanctions

This paper provides a comprehensive survey and assessment of the literature on the effects of economic sanctions on living standards in target countries.

Francisco R. Rodríguez / May 04, 2023

Article Artículo

Health and Social Programs

Healthcare

Private Equity

Envision on the Rocks

Envision Healthcare – the private equity-owned physician staffing firm whose clinicians can be found staffing 540 health care facilities in 45 states – is in serious financial trouble.

Eileen Appelbaum / May 04, 2023

Article Artículo

The Harm that Sanctions Do to the Vulnerable

Western countries’ foreign policy tool of choice has a dramatic negative effect on living standards.

Francisco R. Rodríguez / May 04, 2023

report informe

The Human Consequences of Economic Sanctions – Full Formatting

This paper provides a comprehensive survey and assessment of the literature on the effects of economic sanctions on living standards in target countries.

Francisco R. Rodríguez / May 04, 2023

Article Artículo

April Jobs Preview: What to Expect in the April Jobs Report

As in past months, attention will focus on whether the slowdown in wage growth seems to be continuing. The monthly wage data are erratic, and as happened several times in the last year, can be substantially revised...

Dean Baker / May 03, 2023

Article Artículo

Climate Change

Environment

Europe

Globalization and Trade

World

Realism About Investment Treaties

As EU member states withdraw from the Energy Charter Treaty en masse, developing economies should call for an overhaul of many more investment treaties.

Andrés Arauz and Guillaume Long / May 03, 2023

Article Artículo

Climate Change

Environment

Europe

Globalization and Trade

World

Realismo sobre los tratados de inversión

El TCE impide que los países cumplan con su compromiso de alcanzar las metas del acuerdo climático de París y, en verdad, neutraliza sus planes de gravar los beneficios no previstos de las compañías petroleras.

Andrés Arauz and Guillaume Long / May 03, 2023