June Jobs Report: Better, but Millions of Workers Still on the Edge

By Joe Persky

PayrollJune2014-1.jpg

The June employment situation is largely consistent with recent trends.  It is not remarkable, but those recent trends are better than what we had become used to in the years following the deep losses of the 2007-2009 recession.  Employment over the last year has risen 2.5 million, while employment growth for the last three months has averaged about 270,000 jobs, as the economy recovered from the harshest months of the winter. The report today suggests that the 2014 first quarter GDP decline of 2.9% was not a sign of major weakening, but rather the result of the bad weather early in the year.         

The unemployment rate in June was 6.1%, down from 7.5% a year ago.  That said, the stickiness of the employment population ratio at 59.0% remains a harsh reminder that the “new normal” leaves millions of workers on the edge.  The employment population ratio is up only 0.5% since 2009 and still down 4% since 2007. 

The economy continues to tread water, without making significant progress.  The federal government refuses to provide the stimulus required by the situation.  Federal employment continues to fall, while state and local employment are recovering slowly.  Overall government employment remains below its 2007 level. 

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Joe Persky teaches economics at the University of Illinois at Chicago and is the president of the faculty union there. He is a founding member of CPEG. 

 

 

 

 

 

 

 

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Feminist Working Group

December 14, 2016
· 40 rsvps

People of all genders are welcome to join this call to discuss DSA's work on women's and LGBTQ issues, especially in light of the new political reality that we face after the election.  9 pm ET; 8 pm CT; 7 pm MT; 6 pm PT.

DSA Webinar: Turning Members into Leaders

December 28, 2016
· 4 rsvps

Are you starting a new group? Or have you been doing most of the work for your longtime group? Has it been hard to keep new people involved or get them to take responsibility? But suddenly everybody wants to jump in at the same time! Learn how to mentor new leaders and make sure they have all the information and tools they need to succeed.

Join us for our latest organizing training for democratic socialist activists: DSA’s (Virtual) Little Red Schoolhouse.

NOTE: This training is at 9:00pm Eastern (8:00pm Central, 7:00pm Mountain, 6pm Pacific). Please RSVP.

Instructor:

  • Steve Max, DSA Vice Chair and one of the founders of the legendary community organizing school, The Midwest Academy.

In Leadership Development you will learn:

The proven steps to developing the leadership skills and commitment of more members:

  • identifying potential leaders
  • recognizing what each one brings to the group
  • asking people to volunteer
  • giving them specific tasks
  • supporting them in their efforts
  • creating opportunities for new leadership
  • following up.

Training Details

  • This workshop is for local leaders who will lead campaigns in their chapters.
  • If you have a computer with microphone, speakers and good internet access, you can join via internet for free.
  • If you have questions, contact Theresa Alt talt@igc.org 607-280-7649.
  • If you think you can't do it by computer, contact Tony Schmitt schmittaj@gmail.com 608-355-6568.
  • You can participate in every workshop or just attend once in a while.
  • Workshops will generally be on a weekends or evenings.
  • Participation requires that you register at least 45 hours in advance -- by midnight Monday.

DSA New Member Orientation Call

January 19, 2017
· 24 rsvps

You've joined DSA - Great. Now register for this New Member Orientation call and find out more about our politics and our vision.  And, most importantly, how you can become involved.  8:30 PM ET; 7:30 PM CT; 6:30 PM MT; 5:30 PM PT.

Film Discussion: The Price We Pay

January 30, 2017
· 9 rsvps
The Price We Pay blows the lid off the dirty world of corporate malfeasance — the dark history and dire present-day reality of big-business tax avoidance, tax havens - and what we need to do to stop this.  DSA member Bill Barclay, who has a cameo role in the film, will facilitate the discussion.

Full film available on Vimeo.