Money

"...Recent research suggests that the key to understanding at least part of the unexplained portion of the gender wage gap might have to do with marriage. Although the gender wage gap between never-married men and never-married women is small, married men earn much higher wages than everybody else in the labor force. It is not immediately clear why married men earn more than single men, but the fact that they do earn so much more than other workers helps explain, at least in part, the presence of a wage and earnings gap between genders..." more »

Jo Freeman writes: "This book is a good introductory overview of US women’s accomplishments and activism over the last hundred years, in only 500 pages. Despite the subtitle, the book is not about feminists. It is about formidable women, many of whom would not think of calling themselves feminists. Eleanor Roosevelt disdained feminism, but, as her chapter documents, she worked hard to improve women’s lives..."If you know little or nothing about women’s history in the United States this book is a good place to start. There is so much more to the story of the fight for equality — which is not yet over." more »

"While the moderation in monthly inflation is welcome, it will be necessary to see several months of low monthly inflation readings to be confident that inflation is moving back down to 2 percent. How long it takes to move inflation back down to 2 percent will depend on a combination of continued easing in supply constraints, slower demand growth, and lower markups, against the backdrop of anchored expectations. With regard to supply constraints, a variety of indicators are showing signs of improvement on delivery times and supplies of some goods. In addition, labor force participation showed a welcome increase in the August employment data, particularly in the boost in participation among women in the core working years of 25 to 54 years of age." ' more »

"I mean, as he said, the American Rescue Plan was passed 17 months ago. Three billion dollars of that came to the Commerce Department to do economic development. And we decided to put $1 billion into this Build Back Better Regional Challenge, and it’s because the President directed me to make investments in communities to help communities revitalize themselves and get ready for the transitions in our economy. Because he fundamentally said, “People want to work where they live, and they ought to be able to do that.” And so, that’s what this is all about. We believe every single American, no matter where you live, ought to have an opportunity to have a high-paying, family-supporting job in that community. So, let me fill in some of the blanks about the approach. It’s a novel approach. This is the first time ever the Department of Commerce has made such sizable investments in individual communities." more »