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As more states add paid family leave, advocates say there’s a need for federal policy
When the Minnesota legislature was debating a paid sick leave bill last year, business owners argued that such a law would not allow them to provide as many employee “perks” or be as “adaptive” to employee needs as they say they would be without such a requirement.? But a half dozen witnesses made a case […]
December jobs report: Wages up, hiring steady as job market ends year strong
Friday’s jobs data showed a strong, resilient U.S. labor market with wages outpacing inflation — welcome news for Americans hoping to have more purchasing power in 2024. The December jobs report unveiled another unemployment rate below 4%, as it has for two years, at 3.7%, the same as it was for November. The economy added […]
States, Biden administration push efforts to aid renters, keep people housed
Maine’s housing authority received $35 million in 2023 — the first time in 54 years it has received a direct appropriation from the state budget — to help build more affordable rental housing for communities that have struggled to keep up with high housing prices. The state’s program provides funding to developers for affordable housing […]
The US avoided a recession in 2023. What’s the outlook for 2024?
Next year is packed with potential shifts in the economy but many economists and investment analysts expect that the country will likely avoid a recession in 2024 even as growth slows in the first half of the year. States Newsroom talked to economists about their expectations for some key metrics as well as their concerns […]
Census Bureau’s proposed changes threaten to undercount people with disabilities, advocates say
The Census Bureau has proposed a major change to disability questions on its annual American Community Survey that advocates say will reduce the number of people who are counted as disabled by 40%, including millions of women and girls. The change in available data could affect federal funding allocations and the decisions government agencies make […]
Retailers pare back their seasonal hiring to prepare for ho-hum holidays
Black Friday shoppers may notice longer lines and fewer retail associates in some of their favorite stores than in past holiday seasons as retailers scale back seasonal hiring over concerns about consumer spending. JCPenney is hiring 12,000 fewer workers than last year. Macy’s 3,000 fewer. Meanwhile a Walmart executive said the retail giant has been […]
Local leaders call for auto workers’ gains to spread to EV plants, Southern Black workers
Local Black elected leaders aligned with racial and economic justice groups want to build on the labor gains made through the United Auto Workers’ six-week strike. The union’s tentative deals with the big three automakers include major wins such as a 25% rise in pay and getting rid of the two-tier worker system. More than […]
Borrowers weigh personal, professional options as student loan payments resume
Justin Brown, a father of a 2-year-old who lives with his wife in the St. Louis, Missouri area, has $20,000 in student loan debt. Before the pause on loan payments at the start of the pandemic in 2020, he paid $300 a month. But now that Brown has a family, his financial responsibilities have grown […]
UAW focuses on soaring CEO pay in strike for better wages at the Detroit Three
The United Auto Workers union’s strike against the Detroit Three for higher wages, more paid time off, and the elimination of tiered workers, which is in its fourth week, has drawn attention to the vast differences in pay between autoworkers and executives at auto manufacturers. The union has frequently spoken out about the gulf between […]
Jobs report surprises as employers add 336,000 jobs in September
Employers continued their hiring streak in September, surprising economists by boosting jobs for workers in restaurants, health care, and government. The? Bureau of Labor Statistics monthly jobs report, released? Friday, showed a gain of 336,000 jobs. The unemployment rate held steady at 3.8%. The BLS also revised up the jobs added in July and August […]
Women workers could bear economic brunt as federal child care funding ends
A huge chunk of pandemic relief funding that kept child care programs afloat for the past few years is set to run out Saturday, and policy advocates say the economic impact will be profound, with the ripple effect hurting labor force participation and consumer spending at a time when the country is still trying to […]
Student debt relief scams on the rise. Here’s what borrowers need to know.
Complaints about student debt relief scams are increasing as the date approaches for borrowers to restart payment on their student loans after more than a three-year pause. Consumer protection advocates say that the Biden administration’s student debt relief efforts, the subsequent halting of those policies by the courts, and the restart of student loan payments […]