Adam Hersh: Why wages are not returning as job growth increases

  It is safe to say that the U.S. labor market is now out of jobless-recovery territory and into the territory of wageless recovery.

  Employers added 252,000 jobs in December 2014, and the unemployment rate fell to 5.6 percent, according to new data from the Bureau of Labor Statistics, or BLS. Since the start of the labor-market expansion in February 2010, private employers have added 11.2 million new jobs.

Adam Hersh: The United States needs more and better jobs

  Hiring in the United States slowed dramatically in August, according to new data released last week by the Bureau of Labor Statistics, or BLS. This provides a sobering reminder that—despite 47 straight months of job gains—the labor market is not yet creating enough jobs for all who want work, nor quality jobs that lead to a middle-class livelihood.

  Private employers added 134,000 jobs in August, while the public sector added another 8,000 jobs. Headline unemployment ticked down 0.1 percentage points to 6.1 percent, but this decrease was due to fewer people actively looking for work rather than an actual increase in employment.

Adam Hersh: Economy’s new jobs strain to deliver middle-class wages

  Employment growth continued on its too-slow-but-steady trend in May, when U.S. employers added 217,000 jobs, according to new data released this week from the Bureau of Labor Statistics, or BLS. The headline unemployment rate remained unchanged at 6.3 percent.

  May marks the first time that the U.S. labor market surpassed its pre-recession level of employment—last seen in December 2007—making this the longest march to employment recovery in the postwar era. Over the past year, job growth averaged 198,000 new jobs per month, according to BLS data. While the economy continues adding jobs, these new jobs are too few to deal with the deep problem of unemployment and too often fail to deliver middle-class wages.