Michael R. Strain is a resident scholar at the American Enterprise Institute, where he studies labor economics, public finance, and applied microeconomics. His research has been published in peer-reviewed academic journals and in the policy journals Tax Notes and National Affairs. Dr. Strain also writes frequently for popular audiences on topics including labor market policy, jobs, minimum wages, federal tax and budget policy, and the Affordable Care Act, among others. His essays and op-eds have been published by The New York Times, National Review, The Weekly Standard, The Atlantic, Forbes, Bloomberg View, and a variety of other outlets. He is frequently interviewed by major media outlets, and speaks often on college campuses. Before joining AEI he worked on the research team of the Longitudinal Employer-Household Dynamics program and was the manager of the New York Census Research Data Center, both at the U.S. Census Bureau. Dr. Strain began his career in the macroeconomics research group of the Federal Reserve Bank of New York. He is a graduate of Marquette University, and holds an M.A. from New York University and a Ph.D. from Cornell.
This chart tells you quite a bit of information. It plots the ratio of the level of unemployment and the level of job openings—in other words, it reports how many job seekers there are for every job opening.
"Poverty in America" is a compilation of AEI scholars’ thinking on why fighting for the poor is a moral imperative; what demands special attention in the debate; and which policy proposals could enable the labor market, social safety net, and broader society to provide low-income Americans a better shot at success.
The Seattle City Council is very pleased with itself. Answering President Obama’s call to address what he has decided is “the defining issue of our time” – income inequality – the Council voted unanimously last week to raise Seattle’s minimum wage to $15 per hour.
It’s that time of year again. After months of complaining about the long winter, you already find yourself wishing for a break from the heat. You can wear white once more. And folks with gray in their hair offer advice to young men and women who are graduating college and beginning their adult lives.
We are a long way from the Luddite riots of 19th century England, when protesters smashed the trappings of progress. But worries about the rise of the machines are still with us, and for good reason. Will the machines take our good-paying jobs?