Category Archives: Unemployment

The Threat to Black Public Sector Jobs




By GREGORY N. HEIRES The Great Recession disproportionately harmed public sector black workers—and especially black women. Job losses and growing racial inequality in the public sector threaten the gains that minorities and women have made over decades through government employment. … Continue reading






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Queens Public Library Head Under Fire for Perks and Pay Worthy of a Corporate Fat Cat




By GREGORY N. HEIRES The head of the Queens Public Library in New York City—which has one of the largest circulations in the world—faces criticism for his excessive compensation package. Patrons, politicians and the library’s front-line unionized workers are outraged … Continue reading






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A Call for an Economic Bill for the 21st Century




By GREGORY N. HEIRES Nearly 70 years after President Franklin D. Roosevelt proposed that everyone has the right to a job with decent wage, his message continues to ring true. The economy of the 21st century remains mired in what … Continue reading






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The Wal-Mart Low-Wage Model Broke the U.S. Economy




By GREGORY N. HEIRES Wal-Mart’s nickname should be Inequality Inc. Consider this: • Six heirs of the company’s founder control more wealth than 41.5 percent of all American families combined—or 48.8 million families. • From 2007 to 2010, the wealth of the … Continue reading






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Wealth and the Racial Divide




By GREGORY N. HEIRES Racial disparities in the accumulation of wealth worsened during the Great Recession. The 2007-09 recession hit Latinos and blacks harder than whites, exacerbating the vast wealth inequality that already existed in the United States before the … Continue reading






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Bad Jobs Outlook for Graduates




By GREGORY N. HEIRES The recession may be officially over, but the economy continues to be bad news for recent high school and college graduates. When members of the Class of 2013 graduate later this year, many of them will … Continue reading






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Europe’s Austerity is a Warning to the United States




By GREGORY N. HEIRES With deep cutbacks in government spending looming and conservatives pushing for reduced expenditures on Social Security and Medicare, the United States need only look across the Atlantic Ocean to consider the consequences. Three years of austerity … Continue reading






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As the Global Elite Enjoy their Champagne and Caviar, Inequality Worsens




By GREGORY N. HEIRES As the global elite met last week at the annual Davos economic summit, an estimated 200,000 people around the world died during the five-day conference because of poverty-related—and avoidable–afflictions. The persistence of poverty and rising inequality … Continue reading






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Deficit Hysteria Sweeps Washington




By GREGORY N. HEIRES Don’t buy into the political hype about the looming “fiscal cliff.” The Right is using “deficit hysteria” to set the tone of discussions with the Obama administration over what to do about deep automatic budget cuts … Continue reading






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The Lasting Impact of the Great Recession




By GREGORY N. HEIRES The Great Recession, though officially over three years ago, continues to whack American families. Median household income fell 1.5 percent last year, dropping to $50,054 according to the U.S. Census Bureau’s annual report on income and … Continue reading






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