Posted on January 23, 2015, 3:40 pm, by John Schmitt, under
Uncategorized.
The Bureau of Labor Statistics released its estimates of union membership and union coverage for 2014 this morning. Last year, the share of U.S. workers who were members of a union fell 0.2 percentage points to 11.1 percent, continuing a decades-long decline in unionization in the United States. My CEPR colleague, Cherrie Bucknor, and I […]
Posted on January 2, 2015, 2:28 pm, by John Schmitt, under
Uncategorized.
On New Year’s Day, the cap on the Social Security payroll tax increased to $118,500 per year (up from $117,000 in 2014). Workers pay Social Security tax until their annual earnings reach the cap and then pay no additional Social Security tax after that (until the following year, when the clock restarts). One way to […]
