Category Archives: the recession

Patterns in Long Term Unemployment

We are now three years and counting into the recovery, but the unemployment picture is still grim.  The issue here is not just the unemployment rate’s agonizingly slow descent, but the continuing crisis of long-term unemployment.  Between a third and … Continue reading

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Coming Up For Air: October 2012 update

Once again, here’s the monster graph of postwar recessions, with data for the current recession update through to the September 2012 job numbers.  Its a mixed bag: On one hand, we are still a long way underwater, especially since the … Continue reading

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The Manufacturing Jobs Score in the States

In the context of extensive discussion of “the jobs score” under Republican and Democratic  presidents, the Keystone Research Center (KRC) and Iowa Policy Project (IPP) today released an analysis of manufacturing jobs growth (or decline) in each state across the … Continue reading

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Real Hourly Wage Growth: The Last (Lost) Generation

with Larry Mishel, cross-posted from EPI, Working Economics blog The last generation has been marked by a stark disconnect between productivity growth (up 80 percent between 1973 and 2011) and slow or stunted wage growth. The real hourly wages of … Continue reading

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Labor’s Falling Share

We often think of inequality in terms of the distribution of real wages—the long stagnation of the median, steady losses for less-educated workers, the 80th and 90th percentile pulling away from the rest. But an important backdrop to this is … Continue reading

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Losing Ground: Wealth Losses in the Great Recession

The great recession dealt a double blow, not only undermining family incomes through a deep and protracted cycle of unemployment and underemployment but also–with the collapse of the housing market–savaging household wealth. The net worth of the median family shrank … Continue reading

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Unemployment and Underemployment since 2002

As dismal as the unemployment rate (peaking nationally at 10 percent in October 2009 and now stuck at over 8 percent) has been in recent years, it does not capture the extent of the damage done by the recession.  Understated … Continue reading

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The Decline of Job-Based Health Care

One of the central features of health reform since the 1970s–including the Affordable Care Act–has been its reliance on a foundation of job-based coverage.  But that foundation is crumbling, undermined by both the growing costs of health care (to workers … Continue reading

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Iowa Wages, 1979-2011

This graph shows the trend in Iowa wages since 1979. The wages are filtered by sex, and by percentile. All wages are expressed in real (inflation adjusted) dollars. The median (50th percentile) wage is the point at which half of … Continue reading

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Iowa Unemployment, 2006-2012

This map shows the unemployment rate by county in Iowa. Use the slider or arrows to move from month to month; mouse over the map to see county names. Based on Iowa’s peak-to-trough job numbers, the recession here started in … Continue reading

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