Tag: Labor

What’s Work Got to Do with It? Labor Day the Chicago Teachers Union Way »

Most Americans are celebrating Labor Day with barbecues, picnics, and parades—but not the Chicago Teachers Union. They’re busy planning the city’s first teachers’ strike in 25 years, which incidentally coincides with the September 10 start of most Chicago Public Schools. Observers had hoped a strike could be averted when Chicago Mayor Rahm Emanuel and...
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How Much Does Health Insurance Affect Health? Some Surprising Answers »

There have been a number of claims that lack of insurance is life threatening. The most recent and well known is an Institute of Medicine (IOM) study claiming that 18,000 people die every year because they do not have health insurance.[1] Using a similar methodology, a study for the Physicians for a National Health...
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President Obama’s STEM Master Teacher Corps: Another Unconstitutional, Expensive Federal Foray into Education »

The U.S. Department of Education will soon be handing out federal paychecks to teachers across the country. On July 18 President Obama unveiled his $1 billion Science, Technology, Engineering, and Math (STEM) Master Teacher Corps. According to the White House: The STEM Master Teacher Corps will begin with 50 exceptional STEM teachers established in...
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Groundbreaking New Book: Priceless: Curing the Healthcare Crisis, by John C. Goodman »

We are very pleased to announce the publication of our very timely, widely acclaimed, and compelling, new book on how to get beyond partisanship and special-interest politics to resolve one of biggest issues facing us today, Priceless: Curing the Healthcare Crisis by our Research Fellow John C. Goodman. Dr. Goodman is the renowned, free-market,...
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Push Has Come to Shove in Some California Cities »

It seems that push has come to shove in some California cities. The Stockton City Council voted to give its City Manager the green light to file for bankruptcy—which could address the problem of that city’s debt, now thought to be in the range of $25-40 million. The City’s diminished income is not up...
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Cessation of Labor Force Growth since 2008 »

The United States has a long history of population growth and concomitant labor force growth. As the chart below shows, the number of men in the civilian labor force (men either working in paid employment or actively seeking work) increased fairly steadily over the past half-century—at least, until the onset of the current recession. For the...
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Short-term Employment Changes in Longer-term Perspective »

Many commentators have noted in recent years that Americans have been leaving the labor force. Their departure has made interpretation of unemployment statistics more difficult, and because the Bureau of Labor Statistics (BLS) publishes six variants of the unemployment rate, considerable debate has occurred about the “real” rate of unemployment. Much of this confusion can...
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Private Employment Has Recouped Only Three-Eighths of Its Recent Loss »

As the most widely reported rate of unemployment (U-3) has fallen in recent months, people with a political agenda served by painting a rosy picture of the recovery have made considerable noise about this decrease. Their political opponents have responded that one reason for the decline is that the labor force has fallen as more people have...
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U.S. Employment Woes Continue Despite Small Recent Improvements »

After the headline rate of unemployment (U-3) reached 8.5 percent in December 2011 ( the most recent month reported), some commentators began to talk as if the employment situation is now improving rapidly. Some have gone on to suggest that those of us who have emphasized the role of regime uncertainty in retarding the...
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Uncertainty and Unemployment »

While last week’s news of the unemployment rate falling to its lowest in more than two years was very welcome, as the Wall Street Journal pointed out: ...the main reason for the big drop in that number and the fall in the jobless rate wasn’t more people working, but fewer people looking for work.......
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