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Posts by Jared Bernstein

Reuniting Growth and Prosperity

April 27, 2015

While the economy still has many uniquely positive attributes, something is fundamentally wrong: we can no longer count on economic growth to deliver broadly shared prosperity.  My new book, The Reconnection Agenda, presents a robust agenda to reunite growth with real improvements in low-...

Full Employment - Manufacturing

Gradual Phase-In Helps Employers Adapt to Minimum Wage Hike

April 30, 2014

4-30-14mw.pngThe Senate will vote today on a proposal to raise the minimum wage to $10.10 by 2016, providing important, tangible benefits to low-wage workers. Seemingly unaware that the increase phases in over time — in three annual...

Updating Overtime Rules Would Help Millions of Workers

March 14, 2014

My latest post for the New York Times Economix blog explains why and how the federal government should update its rules on overtime pay.  Here’s the opening:

Since the Fair Labor Standards Act of 1938, it has been established that if you’re an hourly paid worker and you work more


Why We Need a Stronger Minimum Wage

January 29, 2014

Our last post noted that support for expanding the Earned Income Tax Credit (EITC) for childless workers — as President Obama recommended last night — is growing on both sides of the aisle.  Policymakers also should help low-wage workers by...

Income Inequality at Historically High Levels, Census Data Show

September 12, 2012

The shares of the nation’s income going to each of the bottom three fifths of households were the lowest on record last year, in data that go back to 1967, today’s Census Bureau report shows.  The share of income going to the top fifth was the highest on record (see graph).

The bottom 20 percent of households received just 3.2 percent of all household income in 2011, and the middle...

Income Mobility Can’t Explain Away Evidence of Increased Inequality

November 29, 2011

Some policymakers, like House Budget Committee Chairman Paul Ryan, have tried to dismiss studies like this one from the Congressional Budget Office showing a large...

Inequality Growing, and Government Doing Less About It

October 27, 2011

The Congressional Budget Office has released a fascinating and disturbing analysis on the growth in income inequality among American households over the past few decades. The key findings are:

Myths and Realities About Small Businesses and Jobs

October 24, 2011

Politicians and the small business lobby regularly claim that small businesses are the main drivers of growth in the U.S. economy, but the facts show otherwise, as I explain in an op-ed in today’s New York Times. Here’s the opening:

Obama’s Plan: Robust and Ambitious

September 9, 2011

President Obama’s new, robust, and ambitious jobs plan is a well-crafted measure that would provide significantly more job and earnings opportunities for working Americans. Given the economic difficulties facing America’s families, Congress should enact it sooner rather than later.

Jared Bernstein on Helping the Middle Class

June 23, 2011

Senior Fellow Jared Bernstein testified at a hearing of the Senate Health, Education, Labor and Pension Committee today on how middle-class families are struggling to make ends meet. Here’s an excerpt: