Sylvia Allegretto: A bold, creative solution is required in order to keep the labor market as close to intact as possible—the government should guarantee payrolls and benefits.
Sylvia Allegretto: The U.S. continues to have far too many suffering from severe hardship given our vast fortunes and wealth.
Sylvia Alegretto: Teachers, parents and entire communities are protesting cutbacks in public education spending that persist well into the economic recovery that is now a decade in the making.
Sylvia Allegretto: Under the proposed regulations, employers could simply pocket the money and use it for other purposes, such as making capital improvements to the business.
Sylvia Allegretto: While we can observe wages and employment directly in Seattle, we cannot observe how wages and employment would have evolved if Seattle had not implemented its minimum wage policies.
Sylvia Allegretto: From the beginning of the downturn through its trough, job losses in the U.S. totaled about 8.7 million or 6.3% of all jobs; 15% of those were in California, which represented job losses of 1.3 million or 8.3% in the state.
Sylvia Allegretto : On this side of the Great Recession, after much discussion of inequality, it looks like it is going to be more of the same—typical workers and their families who paid the price during the downturn have gained little during the upturn.
Sylvia Allegretto: As a former waiter and bartender of seven years, I’m always a bit miffed that the sub-minimum wage paid to tipped workers has been all but forgotten.
Sylvia Allegretto: It simply never made any sense to make an already weak economy weaker by slashing government spending before having a sustained and robust recovery. Sylvia Allegretto:It simply never made any sense to make an already weak economy weaker by slashing government spending before having a sustained and robust recovery.
Sylvia Allegretto: In recent expansions post-recession income gains have taken longer to materialize and given the enormity of the Great Recession it may be years before we see any improvement.