Living-Wage Job Market Rebounds in January, Says Ludwig Institute
WASHINGTON, Feb. 14, 2024 /PRNewswire/ -- The living-wage job market rebounded in January, with White and Black workers posting gains and the gender gap closing, according to the monthly True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).
- WASHINGTON, Feb. 14, 2024 /PRNewswire/ -- The living-wage job market rebounded in January, with White and Black workers posting gains and the gender gap closing, according to the monthly True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).
- LISEP Chairman Gene Ludwig said that while positive, it's crucial to consider other data points for a comprehensive analysis and advises interpreting the January TRU report within its context.
- "While the first TRU report of 2024 brings us some good news, job creation alone falls short.
- Policymakers must commit to sustained action, acknowledging the struggles of working families and building the foundation for greater prosperity and upward mobility."