Economy

For PA and U.S. Manufacturing to Flourish, Policymakers Need to Be Beholden to Some Different Defunct Economists

This past Tuesday, Keystone Research Center co-sponsored “Manufacturing a Better Paying Pennsylvania” with the D.C.-based Century Foundation, the Steel Valley Authority, and others. The event laid out the case for the U.S. and Pennsylvania to implement comprehensive strategies for growing high-wage manufacturing. This Pittsburgh Post-Gazette op ed lays out the basic argument.

Rigging the Economy to Further Benefit the 1% -- the Pennsylvania Numbers

Last Friday, we got the first national estimates of who benefits from the Trump Tax plan -- the "Unified Code for Rigging Our Tax Code Further to Benefit the 1%." While that's not the official title, it's more accurate than the Trump Administration name -- "the Unified Framework for Fixing Our Broken Tax Code." Last week's analysis by the Tax Policy Center showed that, by 2027 (Table 3 in the Center's report), 80% of the benefits would go to the top 1%, an increase from 53% in 2018 (Table

State of Working Pennsylvania 2017

On Thursday we released the 22nd edition of the State of Working Pennsylvania in which we review the current state of the economy with an eye towards changes in the standard of living for working families in the commonwealth. One of the new pieces of information we present in this year’s report, with the help of the crack staff at the Economic Policy Institute, is the median wage for full-time full-year workers in Pennsylvania since 1968.

A Victory for Seattle "For-Hire" Drivers...and for the Next Labor Movement

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One regular theme on this blog is that area-wide unions that lift wages and benefits in industries that cannot relocate are the main way we're going to fix our income distribution and — thanks to the political power of such area-wide unions once they represent tens of millions — fix our democracy.

Yes! Millennials SHOULD Lead the Next Labor Movement

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Kashana Cauley, a writer for "The Daily Show With Trevor Noah," published a column yesterday, "Why Millennials Should Lead the Next Labor Movement," to which I say "hallelujah."
 
Since Keystone Research Center began operating in December 1995, we have argued that the main answer to economic inequality is labor unions that fit the industries and jobs of today and the future.

Attacks on Public Sector Workers Hurt Working People and Benefit the Rich

Republican lawmakers in the Pennsylvania House and Senate continue to promote bills that would reduce the power of public sector unions by undercutting them financially. These bills would make it harder or illegal to collect some current contributions to unions (e.g., from non-members who enjoy higher wages and benefits and workplace representation from public sector unions).

How did the Pennsylvania Labor Market Perform in 2016

Last Friday, The Pennsylvania Department of Labor and Industry released preliminary estimates of December payrolls which show Pennsylvania created 32,000 jobs in the last 12 months. Payroll growth was especially weak in the 2nd half of 2016, which is likely one reason state revenue collections through December are $300 million below projections. Despite this weakness, payrolls still grew more in 2016 than they did in 2012 and 2013 when deep budget cuts weighed on job growth in Pennsylvania.

Reflections on the Election and the White Working Class...and Some Links Worth Reading

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Like many of you, I've spent the last 10 days reflecting on the Presidential election and devouring countless commentaries. The end of this blog includes some links I found helpful.

In Election's Wake: Time to Judge Elected Officials on Whether They Deliver an Economy Less Rigged to Benefit Political Insiders

What should Pennsylvanians and Americans take away from the Presidential election? While fully digesting Trump's razor-thin victory will take time, national exit polls show that the President-elect won several groups by large margins: white non-college and rural voters, those who view the economy as fair or poor, and those whose family financial situation has worsened.

Advice for the Voting Booth: Consider Who Will Support the Agenda to Raise Pennsylvania's Pay?

The day before the election, Pennsylvanians who go to the polls tomorrow have one last chance to consider the choices they will make.

Since Keystone Research Center is an economic think thank focused on the middle class, our efforts to inform voters have highlighted two issues: how the middle class is doing; and the policies that would benefit the middle class going forward.

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