Recent quotes:

The Macroeconomic Catastrophe Through the Lens of the Employment-to-Population Ratio - Washington Center for Equitable Growth

I forgot to note Ben Zipperer’s post on the labor market and the BLS Employment Report last Friday. And if I had, I would have stressed what the employment numbers tell us about how extraordinarily far to go we have before even semi-complete recovery.
#Ben-Zipperer - equitablegrowth.org

Today's Must-Must-Read: Ben Zipperer: Weak U.S. Employment Gains and Wage Growth - Washington Center for Equitable Growth

Last month the hourly pay for workers in the private sector grew at a 2.1 percent annual rate compared to last year, and at an annual rate of 2.8 percent over the past three months…. The contrast is even sharper when looking back over the past six months… nonsupervisory wages have grown at an annual rate of about 1.8 percent…. For workers to maintain or increase their share of income, nominal wages must grow at an annual rate of at least 3.5 percent…. Since 1990, nominal wage growth sustainably exceeded the 3.5 percent threshold only when the prime-age employment rate remained above 79 percent. The employment-to-population ratio for prime-age workers in the past month was 77.2 percent…
#Ben-Zipperer - equitablegrowth.org