September 5, 2023
A scathing report released by the California State Auditor on August 24 finds that the state’s Economic Development Department (EDD) continues to mismanage the unemployment insurance (UI) program, resulting in “a substantial risk of serious detriment to the State and its residents.” The California Labor and Workforce Development Agency, which oversees EDD, was formerly led by Julie…
September 5, 2023
Last month, the Washington Post reported that former president Donald Trump plans to enact a 10 percent tariff on all imports if reelected. After facing sharp criticism, Trump defended his proposal in a letter to the Wall Street Journal. He argued that the trade deficit is a “loss” for the US economy and that his tariffs would be the “best way” to…
September 1, 2023
As America prepares to celebrate Labor Day, it’s timely to wonder what the US Department of Labor (DOL) has been up to. One noteworthy recent action was DOL’s August 21 release of a report on improper payments made by the troubled Pandemic Unemployment Assistance (PUA) program. PUA was a temporary federal program in 2020 and 2021, which…
August 31, 2023
In my first AEI report, “STEM Without Fruit,” I argued the case for the pre-eminence of noncognitive skills in a world of rapidly advancing technology. As part of that report, I cited evidence drawn from employer surveys, as well as wage and labor-share data, showing that across the economy the highest demand from employers and highest wage returns…
August 29, 2023
My young daughter was extremely excited when I pulled up to the large, two-level skate park in Riverhead, New York. I have been taking her brother there for many years and, despite her young age and small size, she wanted to take her scooter to the park. Other parents already at the park warned me…
August 23, 2023
On August 21, the US Department of Labor (DOL) released its long-awaited “improper payment report” on the troubled Pandemic Unemployment Assistance (PUA) program. PUA was an unprecedented federal unemployment benefit program that operated from early 2020 through September 2021. Prior reports from the DOL Inspector General and the Government Accountability Office suggested that PUA was subject to historic, but previously unconfirmed, levels…
August 22, 2023
Some pro-growth public policies seem super obvious, like attracting more high-skill immigrants or reducing the federal paperwork needed to build clean energy facilities and infrastructure. Paid leave, whether mandated by Washington or funded by new taxes on rich people and large companies, might seem like another obviously good thing. Rarely do I ever hear about…
August 15, 2023
2023 is shaping up to be a pivotal year for artificial intelligence, with the rise of generative AI poised to transform industries and reshape workforces. The latest McKinsey Global Survey on AI confirms the increasing market penetration of tools like DALL-E and ChatGPT and outlines how workers and employers see the technology affecting work patterns in the…
August 14, 2023
In 2008, former White House Chief of Staff and Chicago Mayor Rahm Emanuel famously said what has come to be known as Rahm’s rule: “You never want a serious crisis to go to waste. And what I mean by that [is] it’s an opportunity to do things that you think you could not do before.” It’s clear that…
August 14, 2023
Catherine, a mother living in the New York City suburbs, has a son who flunked out of college. Her story is one of the cautionary tales offered up in Jennifer Breheny Wallace’s Never Enough: When Achievement Culture Becomes Toxic—And What We Can Do About It. Catherine left the workforce to raise her two children. The…