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A steadily growing share of American workers' total compensation is going to health care costs, and increases in employer-sponsored health-insurance premiums have resulted in lower wage growth.
The unemployment rate remained constant in February, but weather events may have had a substantial negative impact on employment figures -- a trend that may counteracted next month as workers who temporarily did not receive a paycheck return to the payroll.
Steven Braun, Director of Macroeconomic Forecasting for the Council of Economic Advisers, explains how weather events, like the back-to-back February snowstorms in the Northeast, can affect payroll employment and shorten the workweek.
A new and enlightening analysis from the Council of Economic Advisers.
Moving Forward on Jobs
Christina Romer, Chair
National Association of Business Economists' 26th Annual Washington Economic Policy Conference
March 9, 2010
The Economic Assumptions Underlying the Fiscal 2011 Budget
Christina Romer, Chair
Statement to the Press on the Rollout of the FY2011 Budget
February 1, 2010
Health Care Reform and the Budget Deficit
Christina Romer, Chair
Center for American Progress
October 26, 2009
From Recession to Recovery: The Economic Crisis, the Policy Response, and the Challenges We Face Going Forward
Christina Romer, Chair
Testimony before the Joint Economic Committee
October 22, 2009
Back from the Brink
Christina Romer, Chair
Federal Reserve Bank of Chicago
September 24, 2009
The Economic Impact of the American Recovery and Reinvestment Act of 2009 Second Quarterly Report
January 13, 2010
The Economic Case for Health Care Reform: Update
December 14, 2009
The Impact of Health Insurance Reform on State and Local Governments
September 15, 2009