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Unemployment Insurance Funds Should Go for Unemployment Insurance

January 17, 2012

As the House returns from its holiday break today, a key early task for it and the Senate is to agree on extending the payroll tax cut and federal unemployment insurance (UI) through the end of 2012.  House negotiators may seek to include a provision the House passed in December, which would allow the federal government to authorize up to ten states each year to use UI funds for purposes ...

The Latest on Inequality

January 4, 2012

As our colleague Jared Bernstein has discussed (here and here), an informative new Congressional Research Service (CRS) report analyzes the rise in income...

What Happens to the Unemployed if There’s No Deal on Jobless Benefits?

December 19, 2011

About 1.8 million Americans will face a cutoff in unemployment benefits in January if Congress doesn’t extend emergency federal unemployment insurance (UI) before returning home for the holidays, according to estimates from the National Employment Law Project (NELP).  The maps below show the sharp drop in the number of...

Exploring Income Inequality, Part 5: The Concentration of Income and Wealth

December 2, 2011

Yesterday’s post illustrated the magnitude of the income gap.  Today, we’ll take a closer look at the distribution of income and wealth, focusing especially on the share accruing to the top 1 percent.

As the slideshow below shows, the share...

Exploring Income Inequality, Part 4: More on the Widening of Inequality Since the 1970s

December 1, 2011

Yesterday’s post in our series showed that average incomes nearly quadrupled between 1979 and 2007 for the top 1 percent of households, while growing much more modestly for households in the middle and bottom of the distribution.

Today, we’ll take a closer look...

Exploring Income Inequality, Part 3: Widening Inequality Since the 1970s

November 30, 2011

Yesterday’s post showed that the era of shared prosperity ended in the 1970s and highlighted the widening of income inequality since then.  Today, we’ll take a look at what has happened to income since 1979, using the comprehensive...

Exploring Income Inequality, Part 2: The Loss of Shared Prosperity

November 29, 2011

The slideshow below — the first in this week’s series on income inequality — shows...

New CBO Report: Up to 2.4 Million People Owe Their Jobs to the Recovery Act

November 23, 2011

A new Congressional Budget Office analysis finds that the 2009 Recovery Act (ARRA) is continuing to save jobs and protect the economy from what would have been a much deeper recession. As we describe in an updated analysis, in the third quarter of 2011 the...

A Close Look at the New Census Numbers

September 14, 2011

We’ve just issued our detailed analysis of the 2010 data on poverty, incomes, and health coverage. It begins: