This was a generally solid jobs report, with the economy adding 253,000 jobs in April. However, there were sharp downward revisions to both the February and March jobs numbers, of 78,000 and 71,000, respectively. Taken together, the April figure is just 104,000 higher than the number previously reported for March. The household survey also showed […]
Center for Economic and Policy Research
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AAPI Women Rank Lower in Post-Recession Reemployment
New analysis from the Center for Economic and Policy Research (CEPR) puts a spotlight on a vulnerable subgroup of Asian Americans and Pacific Islanders (AAPI). Economist Julie Cai examines the role of low-income, less-educated AAPI women and their workplace status as the economy recovers amid pandemic-fueled anti-Asian violence. Recent data from 2022 show unemployed female […]
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Mark Weisbrot: US Sanctions on Afghanistan Could Be Deadlier than 20 Years of War
ebruary 4, 2022 – Economic sanctions have, in recent years, become one of the most important tools of US foreign policy. There are currently more than 20 countries subjected to various sanctions from the US government. But if more Americans knew how many innocent civilians actually die as a result of these sanctions, would the […]
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Report: Native American Income and Poverty Data Missing in Census Annual Reports
Washington DC, November 16, 2021 — You won’t find data on Native Americans when the Census Bureau releases its highly anticipated annual income and poverty reports. Frustrated, CEPR researchers Shawn Fremstad and Julie Cai used the Supplemental Poverty Measure (SPM) to calculate poverty rates for Native Americans. Although the SPM has weaknesses, they found the Native American poverty […]
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US Envoy to Haiti Resigns, Citing Political Intervention and “Inhumane” Deportation Policy
Exactly two months after his appointment, Dan Foote has submitted his resignation as United States Special Envoy to Haiti, citing a “deeply flawed” US policy toward the nation that includes continued political intervention and the administration’s recent decision to ramp up deportations. “I will not be associated with the United States inhumane, counterproductive decision to […]
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New CEPR Paper Demystifies Social Security Funding, Debunks Myths
Social Security “cannot run out of money, nor can benefits be threatened by a sudden shortage of revenues,” is a true and correct statement that continues to need restating. That’s why the Center for Economic and Policy Research (CEPR) released today, Social Security: Long May It Wave, by CEPR Senior Research Fellow Max B. Sawicky. Social Security: […]
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CEPR Analysis Shows 232 Likely ICE Air Deportation Flights to Latin America and Caribbean During Pandemic So Far
Washington, DC, April 28, 2020 ― New analysis from the Center for Economic and Policy Research (CEPR) shows that Immigrations and Customs Enforcement (ICE) likely has carried out at least 232 deportation flights to Latin American and Caribbean countries since February 3, 2020, just after the Trump administration declared a public health emergency due to […]
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Coronavirus Hit Shows Up Strongly in March Data, Loss of 701,000 Jobs
April 3, 2020 – The impact of the coronavirus shutdowns showed up very clearly in the March data as the Bureau of Labor Statistics reported a loss of 701,000 jobs, a decline almost as high as the peaks hit in the housing crash. The unemployment rate jumped 0.9 percentage points to 4.4 percent, while the […]
Posted inWorld
Report Finds US Sanctions on Venezuela Are Responsible for Tens of Thousands of Deaths
Washington, DC, April 25, 2019 — A new paper from the Center for Economic and Policy Research (CEPR), by economists Mark Weisbrot and Jeffrey Sachs, finds that economic sanctions implemented by the Trump administration since August 2017 have caused tens of thousands of deaths and are rapidly worsening the humanitarian crisis. “The sanctions are depriving Venezuelans […]
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CEPR: Economy Adds 196,000 Jobs in March; Some Signs of Slowing Wage Growth
April 5, 2019 – The Bureau of Labor Statistics reported the economy added 196,000 jobs in March, a sharp bounce back from the 20,000 originally reported for February. This figure was revised up to 33,000, which brought the average over the last three months to 180,000. The unemployment rate was unchanged at 3.8 percent. While […]
Posted inWorld
Venezuela’s Oil Production Plummets in February Due to New US Sanctions
Washington, DC, March 25, 2019 ― Venezuela’s crude oil production plummeted by 142,000 barrels per day in February, according to OPEC data, after the Trump administration recognized a parallel government in Venezuela on January 23 and imposed new sanctions on the country. For the six months prior to February, Venezuela’s crude oil production had fallen […]
Posted inUS
Puerto Rico Faces an Imminent Medicaid Funding Crisis, Too
WASHINGTON, DC, Oct. 4, 2017 – In the wake of Hurricane Maria, urgent Puerto Rico recovery efforts must also extend to solving the island’s imminent Medicaid crisis, “a preexisting condition that plagued Puerto Rico before the hurricane and that has been exacerbated by it,” a new report from the Center for Economic and Policy Research (CEPR) states. […]
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Federal Government Must Do Everything in Its Power to Help Puerto Rico Recover, CEPR Co-Director Says
WASHINGTON, DC, October 2, 2017 – The federal government must enact a series of urgent measures to assist Puerto Rico as it struggles to recover from hurricanes Maria and Irma, Center for Economic and Policy Research Co-Director Mark Weisbrot said today. These should include: debt relief; a significant fiscal stimulus package to fund the recovery efforts and […]