Labor

Bestselling journalist Liza Mundy’s smart, deeply reported analysis of the most important cultural shift since the rise of feminism: the coming era in which women will earn more than men, and how this will change work, love, and sex.

A revolution is under way. Within a generation, more households will be supported by women than by men. In The Richer Sex, Liza Mundy shows how this reality will transform the sexual, dating, marriage, and work habits of men and women worldwide.

At the last World Economic Roundtable, Michael Kumhof, Deputy Division Chief of the Modeling Division of the International Monetary Fund, and Raymond Torres, Director of the International Institute for Labour Studies of the International Labour Organization, came to discuss the relationship between inequality and financial crises. 

Occupy Wall Street is not the next Tea Party movement. Broadly speaking, it has many of the same sentiments that led to the creation of the Tea Party--frustration and anger at a system that is failing many of its citizens, desire for a better way of life, and the belief that ordinary Americans can bring about change to the status quo. Yet Occupy Wall Street is a movement based solely on emotions, dreams, and ideas--perhaps well-intentioned ideas, but not tangible ones that can actually lead to revolutionary change.

Notwithstanding repeated attempts at monetary and fiscal stimulus since 2009, the United States remains mired in what is by far its worst economic slump since that of the 1930s.¹  More than 25 million working-age Americans remain unemployed or underemployed, the employment-to-population ratio lingers at an historic low of 58.3 percent,² business investment continues at historically weak levels, and consumption expenditure remains weighed down by massive private sector debt overhang left by the bursting of the housing and credit bubble a bit over three years ago.

This is the second column in a series by Bruce Jentleson, Professor at Duke University, and Jay Pelosky, Principal of J2Z Advisory. It originally appeared on the Huffington Post.

Is the American Dream of opportunity and increasing prosperity out of reach for the average American worker? What is happening to the American middle class? If the labor market ‘polarizes’ into low- and high-income jobs, what does this mean for continuing inequality in America? What does it mean for the American social contract, and the American Dream?

In putting forth his jobs program, President Obama faced a difficult dilemma: propose a program that could gain Republican support or a more ambitious program that would actually get the economy back on a path of recovery and job creation.

In today's Huffington Post, Bruce Jentleson, a policy wonk, and Jay Pelosky, a seasoned global investor, argue that the public and private sectors in the United States must cooperate if the country is to "revitalize domestically and compete globally."

If a union falls by the wayside and nobody notices, does it make a difference?

Verizon's union workforce will return to work tomorrow, after a 16-day strike. You may have noticed that you didn't notice.

The American economy can produce decent jobs. We know this to be true because it has happened before. Getting back to a decent-jobs economy will require a commitment on the part of policymakers to creating many more middle-skill, middle-wage jobs. While there are important reasons to support the incomes of those at the bottom of the wage distribution, we will not improve the lives of working families without improving and increasing job opportunities in the middle.