Robert Reich: New data from the Commerce Department shows employee pay is now down to the smallest share of the economy since the government began collecting wage and salary data in 1929.
Robert Reich: President Obama laid out the problem correctly and effectively. He explained why jobs and growth must be the nation’s first priority now — not the federal deficit.
Robert Reich: Labor Day is traditionally a time for picnics and parades. But this year is no picnic for American workers, and a protest march would be more appropriate than a parade.
Seth Hoy: Farmers in South Carolina are also worried that the new law will hurt the agriculture industry, making it harder for farmers to find workers
Michele Waslin: Immigration restrictionists argue that imposing a mandatory employment verification system will ensure that unauthorized workers are not able to get jobs in the U.S. and will choose to leave, leaving millions of jobs wide open for unemployed U.S. citizens. Of course, this ignores the facts.
Robert Reich: The leaders of the Street and big business may now have to wake up to a reality they’ve tried to avoid — that the central economic problem of our time isn’t the long-term budget deficit but the immediate deficit in aggregate demand.
Robert Reich: Conservative economists have it wrong. The underlying problem isn’t that so many Americans have priced themselves out of the global/high-tech labor market. It’s that they’re getting a smaller and smaller share of the pie.