Each month, The Hamilton Project has examined the “jobs gap,” which is the number of jobs that the U.S. economy needed to create in order to return to pre-recession employment levels while also absorbing the people who entered the potential labor force each month. The jobs gap closed in July 2017.
Each month, The Hamilton Project calculates America’s “jobs gap,” or the number of jobs that the U.S. economy needs to create in order to return to pre-recession employment levels while accounting for changes in the population. In this chart, The Hamilton Project applies the same jobs gap methodology to earlier recessions in 1981–82, 1990–91, 2001, and 2007–09.
Graduates of majors with initially low earnings experience faster earnings growth during the early-career years.
The U.S. minimum wage now stands at 38 percent of the median wage, the third-lowest among OECD countries.
This chart presents the schedule for the Earned Income Tax Credit (EITC) for tax year 2014 and possible adjustments to maximize the impact.
This state-by-state map highlights the ratio of median out-of-pocket child-care costs to median earnings of single mothers with children under age five.