“It's a mistake to think that any increase in wages is inflationary and there is substantial room for non-inflationary wage growth, particularly at the bottom end of the scale.” ThinkingEndsGrowthRoomsMistakeIncreaseBottomScalesWages Author:Jared Bernstein
“The black unemployment rate has to be twice that of the white rate in the US. If the national unemployment rate were 6.8 percent, everyone would be freaking out. We ought to not take too much solace in the 6.8 percent, but ask ourselves what can we do to bring that down to white rates, which are below 4 percent now. Some of that has to do with education, but that's just part of the story. You find that those unemployment differentials persist across every education level. I think it means pushing back on discrimination and helping people who can't find work get into the job market.” PeopleThinkingMeanHelpingBlackRateDiscriminationPersistHelping PeopleSolace Author:Jared Bernstein