Polina Vlasenko

In recent years we’ve heard many arguments in favor of raising the federal minimum wage significantly above its current level of $7.25 an hour. Some states (New York and California are the largest example) have adopted legislation mandating an increase in the state minimum wage. In most cases, the proponents of a higher minimum wage…

With job losses in the most demand-sensitive sectors and subdued jobs growth overall, the improvement in the labor market appears to be proceeding only slowly. Such an environment does not provide strong reasons for the Federal Reserve to raise interest rates when the Fed officials meet later this month.

The rich are getting richer, but individual people can, and do, move up and down the wealth distribution.

The election season will soon be heading into the final stretch. The state of the economy and economic policies, actual or proposed, are almost always major topics of discussion and debate.

The U.S. economy posted strong job gains in July, adding 255,000 jobs, according to the report released this morning by the Bureau of Labor Statistics.

In the second quarter of 2016 the economy’s output, as measured by the Gross Domestic Product, grew at an annual rate of 1.2 percent, according to the advanced estimate released this morning by the Bureau of Economic Analysis. This is somewhat faster than the growth posted in the first quarter of the year, but still…

The Employment Situation Report released by the Bureau of Labor Statistics this morning shows improvement in the labor market compared to the gloomy report last month.

This morning’s release from the Bureau of Economic Analysis reveals that U.S. economic growth in the first quarter of 2016 was a bit faster than we previously thought.

In a year when economic growth has seemed tenuous, the resilient labor market had been providing welcome reassurance.