Daily Digest - August 27: The Known Unknowns of Unemployment

Aug 27, 2014Rachel Goldfarb

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A New Reason to Question the Official Unemployment Rate (NYT)

A new report says that unemployment data has become less accurate over the past 20 years, in part because of declining survey response rates, writes David Leonhardt.

Objecting to Austerity, French Style (New Yorker)

John Cassidy looks at the implosion of the French government this week, as three ministers, including the economy minister, have been pushed out for their objection to austerity policies.

Money for Nothing: Mincome Experiment Could Pay Dividends 40 Years On (AJAM)

Recently analyzed data from a 1970s Canadian experiment in guaranteed basic income shows far-reaching benefits in health and education, writes Benjamin Shingler.

Companies Say ‘No Way’ to ‘Say on Pay’ (WSJ)

Emily Chasan examines the companies that have repeatedly failed Say-on-Pay shareholder votes on their executives' pay packages, and what they have in common.

  • Roosevelt Take: Roosevelt Institute Fellow Susan Holmberg looks at how Say-on-Pay can curb sky-high executive compensation.

SEIU Wins Election To Represent Minnesota Home Care Workers (HuffPo)

Dave Jamieson says that yesterday's vote, which created Minnesota's largest public-sector bargaining unit in history, shows that unions are not letting Harris v. Quinn slow organizing.

Burger King’s Supremely American Habit (MSNBC)

Timothy Noah points out that Burger King, which might be planning an inversion to avoid U.S. corporate income taxes, already pushes as many costs as possible off its parent company.

Mayor Garcetti Pitching New Minimum Wage Plan to Business Groups (LA Times)

Catherine Saillant reports on business opposition to the Los Angeles mayor's plan, which would raise the city's minimum wage to $13.50 over three years and then tie it to local inflation.

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