The economy now has over six million job vacancies, according to the Labor Department, that's a record since the Department began tracking the data in 2000. Openings were highest in the Midwest and West, followed by the South and Northeast. Employers are clearly confident and trying to increase hires.
Diana Furchtgott-Roth, former chief economist of the U.S. Department of Labor, is director of Economics21 and senior fellow at the Manhattan Institute for Policy Research. You can follow her on Twitter @FurchtgottRoth.
August 10, 2017, 12:33 PM EDT
July 31, 2017, 12:31 PM EDT
Congress has failed to pass a bill to repeal and replace Obamacare. Meanwhile, the system is imploding. Premiums and deductibles are rising, making the exchanges unaffordable without subsidies. For a bronze plan, deductibles are more than $12,000 per family and $6,000 per individual. The situation is spiraling out of control. What to do?
June 2, 2017, 11:27 AM EDT
Nnothing is better for American jobs than withdrawing from the Paris Accord.
April 18, 2017, 4:20 PM EDT
Congress should change gov't spending rules when it returns from recess.
March 22, 2017, 10:58 AM EDT
This year April 17 is Tax Day.
July 28, 2016, 1:37 PM EDT
Legislation to close the gender “wage gap” is misguided: in reality, there is no gap to close.
May 27, 2016, 11:10 AM EDT
Americans are not stupid. They see their neighbors and their own families struggling to make ends meet—yet government bureaucrats in Washington and Albany and state capitals across America have nothing better to do than try to put American pizza and burger restaurants out of business.
January 27, 2016, 4:50 PM EST
Many believe that systemic poverty and underfunded schools are the cause of students’ poor performance. But over the last half century, school funding has exploded. The annual per-student cost of primary and secondary education in America is more than $13,000. After adjusting for inflation, this amounts to an increase of 239 percent from the level seen 50 years ago. America spends more on education per student than any other country in the world, yet average student achievement is only mediocre.
July 7, 2015, 4:44 PM EDT
"The Affordable Care Act is here to stay," gloated President Obama after the King vs. Burwell Supreme Court decision was announced on Thursday. "Anyone seeking to lead our country should stand up and support this decision," said Hillary Clinton. Not so fast. June 26, was the first day on the path to the eventual rewriting of the so-called Affordable Care Act.
May 29, 2015, 10:03 AM EDT
Unions have been at the forefront of drives to raise the minimum wage to $10, $12, or $15 an hour. Take Fight for $15, funded by the Service Employees International Union, demonstrations that occur regularly outside fast food outlets. Or, take Black Friday demonstrations outside Walmart, organized annually the day after Thanksgiving by OUR Walmart, funded by the United Food and Commercial Workers. But now that unions have achieved their goal in Los Angeles, their leaders want to exempt unionized workplaces from the minimum wage hike.
May 7, 2015, 12:53 PM EDT
In many cities with abysmal school systems, teacher firings are exceedingly rare, due to powerful teachers' unions. In New York City and Chicago, barely 1 in 1,000 teachers loses his job for poor performance.
April 8, 2015, 11:09 AM EDT
The March jobs numbers, released on Friday, were disappointing not only for the lower level of job creation, but for the continued decline in the labor force participation rate, the share of Americans who are working or looking for work. The participation rate is now at 62.7 percent, equivalent to February 1978 levels.
March 30, 2015, 3:20 PM EDT
This month I was privileged to be a speaker in a conference on the future of modern conservatism sponsored by the Hoover Institution and the Coolidge Presidential Foundation.