Unemployment & UI

A new report by the Institute for Policy Studies reveals that of last year’s 100 highest-paid corporate CEOs, 25 took home more than their company paid in 2010 federal income taxes. The report found that these corporate chief executives – CEOs of International Paper Company, Prudential, General Electric, Verizon, Boeing, and eBay, among others -- averaged $16.7 million in pay. At the same time, a combination of tax shelters and loopholes allowed those companies to avoid an average of more than $400 million each in federal taxes.    Read more »

Our ongoing analysis of employment trends for women in the economic recovery has just uncovered more disturbing news that you probably haven’t read about elsewhere. Like women overall and black women, black and Hispanic female teens lost jobs during the so-called recovery and their unemployment rates increased. Indeed, for black and Hispanic female teens the recovery has been far worse than the recession. Read more »