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Lindsay Owens, an economist and director of Groundwork Collaborative, a progressive Washington, D.C., think tank, told HuffPost. 'Long-term unemployment scarring effects show up in future job performance, in well-being measures later on.
Even high-income earners are worried, according to a late August-September survey of likely voters by the progressive think tank and pollster Data for Progress for Groundwork Collaborative and Protect Borrowers.
“The automatic refunds, I think, were a huge innovation in consumer protection and fairness,” said Lindsay Owens, executive director of Groundwork Collaborative, an economic policy think tank.
Alex Jacquez, chief of policy and advocacy at the Groundwork Collaborative, said: "As we continue to have a shortage of these jobs being picked up, the wage picking up even more is likely the way that employers are going to entice more people in."
Evidence continues to mount that American families are struggling in the Trump economy.
Republicans in Congress would rather shut down the government than lift a finger to lower health care costs for millions of Americans.
Today’s small rate cut will do little to address Trump’s economic turmoil.
Today, the U.S. Senate confirmed Dr. Stephen Miran’s nomination to the Federal Reserve Board of Governors along party lines.
Lindsay Owens, the executive director of Groundwork Collaborative, a progressive think tank, said: "Pricing has been increasingly unmoored from the fundamentals like costs, and it's increasingly unleashed," she says.
Consumer sentiment for September fell for the second straight month, as consumers’ financial expectations and labor market outlooks deteriorated.