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CLASP
@CLASP_DC
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@CLASP_DC
Nominal wage growth slowed to 0.3% in December, falling to 4.6% annually. In 2022, the narrative of wages driving high inflation was not true in the American economy. Corporations continued to set record-high profits, while workers continued to struggle.
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CLASP
@CLASP_DC
The U.S. economy must systematically change to close racial gaps in the labor market. Investments in paid family & medical leave and child care would both allow more women of color to participate in the labor market & expand career pathways.
clasp.org
Investing in Child Care and Early Education Supports Families and Strengthens Economies  | CLASP
For far too long, the lack of funding for the child care sector has led to significant tradeoffs resulting in inequitable policies and limited access for families who need it the most.
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CLASP
@CLASP_DC
Despite a global pandemic, the United States remains the only OECD country without universal paid sick leave. With no paid sick leave and no child care, working families have no choice but to miss work hours, lose paychecks, & erode productivity growth.
washingtonpost.com
RSV, covid and flu are keeping kids out of school — and parents out of work
A new round of viral infections – flu, RSV, covid and the common cold — is colliding with staffing shortages at schools and daycares to create unprecedented challenges for parents and teachers.
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CLASP
@CLASP_DC
Even more striking, workers with low incomes are less likely to have any paid sick leave. Since low-paying jobs are disproportionately held by Black & workers of color due to historical occupational segregation, policies continue to perpetuate racial disparities.
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