Tag Archives: Unemployment

The New Precariat and Electoral Politics

During the Presidential campaign, Americans have heard endless discussions about unemployment. But neither candidate has said much, at least not directly, about precarious employment or about the new precariat – that growing group (some would even say the growing class) … Continue reading

Posted in Contributors, Issues, John Russo, The Working Class and the Economy, Working-class politics | Tagged , , , , | 14 Comments

Welcome to the Informal Economy

It’s graduation season, and while commencement speakers encourage graduates to work hard and pursue their dreams, most new grads are worried about finding a decent job.  All their professors can suggest is that students use internships to gain valuable work … Continue reading

Posted in Contributors, Issues, John Russo, The Working Class and the Economy | Tagged , , , , , , , , , | 2 Comments

What Workers Really Need This Labor Day

For some, Labor Day marks the end of summer, one of the few remaining days to have a cook-out, and the time of year when public-school children return to school from summer vacation. For others, Labor Day is when retailers … Continue reading

Posted in Contributors, Issues, The Working Class and the Economy | Tagged , , , | 2 Comments

Rethinking Work and Non-Work in the Recession

For over the last 18 months, the Center for Working-Class Studies has been publishing the “De Facto Unemployment Rate” (DFUR).  The DFUR includes all those who are officially unemployed, those looking for work, the underemployed, disabled or in early retirement, … Continue reading

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The House is on Fire

A few weeks ago, Charlie Rose facilitated a discussion about the perils of the U.S. national debt among a thoughtful, articulate group of one politician, two businessmen, and two economists.  Except for a brief discussion of the bond market, I … Continue reading

Posted in Contributors, Issues, Jack Metzgar, The Working Class and the Economy | Tagged , , , , , , | 7 Comments

The De Facto Unemployment Rate: 25.12%.

Ever since the early 1980s, residents of the Youngstown area have always been skeptical of government’s official unemployment rate. In 1982, the official unemployment rate hit 24.9% but declined to around 12% in early 1984. The Ohio governor and city … Continue reading

Posted in John Russo, The Working Class and the Economy | Tagged , , | 16 Comments