Understanding Universal Basic Income
Economy / Labor Force / Social Insurance Programs / U.S. Domestic Policy

Understanding Universal Basic Income

Introduction In December 2018, Finland’s Social Insurance Institution, KELA, terminated their two-year Universal Basic Income (UBI) experiment that aimed to “increase employment and simplify the Social Security system” citing insignificant changes in the employment rate of participants. Despite this outcome, prominent U.S. figures–such as Elon Musk and Mark Zuckerberg– and the California Democratic Party still … Continue reading

Attn Class of 2015: Don’t Be Fooled by Low Unemployment Numbers
America / Economy / Labor Force

Attn Class of 2015: Don’t Be Fooled by Low Unemployment Numbers

It’s graduation season! And according to sources from both the White House and the Fed, the current unemployment rate of only 5.5 percent signals a wealth of opportunity for grads.   Furthermore, the unemployment rate has been consistently declining.  This means that all of us in Class of 2015 should breathe easy; the time has come … Continue reading

Killing Two Birds With One Stone: Immigration and Social Insurance Programs
Economy / Healthcare / Immigration

Killing Two Birds With One Stone: Immigration and Social Insurance Programs

When addressing the nation last week, President Obama had only brief remarks regarding immigration reform, simply saying, “let’s get it done”. Perhaps this brevity is emblematic of how unlikely immigration reform has become. While off-putting to some members of Congress, comprehensive immigration reform remains one of the President’s major legislative goals. Though the President has … Continue reading

The Non-Issue of High Youth Unemployment, Part I
America / Economy / Labor Force

The Non-Issue of High Youth Unemployment, Part I

The Reality of Unemployment in the Youth Unemployed persons are typically defined by the Department of Labor as people who are not employed but are actively seeking a job. When the Department of Labor measures youth unemployment they take measurements in April and gather numbers through July. April is the beginning of hiring for the … Continue reading