#JobsReport
Two things to help close the Male-Female wage gap: 1. Raise the minimum wage and get rid of the subminimum tipped wage. 2. Invest in the care economy. Increase the pay and benefits of workers in the care economy and support their unionization and collective bargaining. #BeyondTheNumbers https://www.epi.org/publication/waiting-for-change-tipped-minimum-wage/

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The Fed needs to stop raising rates. Congress needs to explore price controls and excess-profits taxes. The most disadvantaged shouldn’t have to suffer to protect the asset values of the rich.

But the Fed can’t address all the problems in the labor market. After several years of interest rates near zero, Black people have never had an ANNUAL unemployment rate below 5%. #BeyondTheNumbers https://cepr.net/the-fed-alone-cannot-create-black-full-employment/

#JobsReport
We need to get the labor force participation rate back up to where it was in the late 1990s-2000. #BeyondTheNumbers

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The narrowing of the White-Black employment-to-population-ratio gap is good, but it is important to look at the prime-age numbers and exclude all the White retirees that reduce the White ratio. #BeyondTheNumbers

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Big picture, the labor market is very good, but could be better. For one, prime-age employment rates are still below late 1990s-2000. #BeyondTheNumbers

#JobsReport Bits
Total number of jobs needed: 14.8 million
Unemployed: 5.8 million
Not in the labor force but want a job: 4.9 million
Involuntary part-time: 4.1 million
This is why we need FullEmploymentForAll.org #FullEmploymentForAll #BeyondTheNumbers