Pay Is Rising Fastest for Low Earners. One Reason? Minimum Wages.
From today’s New York Times: These days, wages in the United States are doing something extraordinary: They’re growing faster at the bottom than at the top. In fact, recent growth…
Americans Want to Believe Jobs Are the Solution to Poverty. They’re Not.
From today’s New York Times: U.S. unemployment is down and jobs are going unfilled. But for people without much education, the real question is, Do those jobs pay enough to live…
American households finally earn more than they did in 1999, but poverty and inequality are on the rise
From today’s Los Angeles Times “Business” section by Don Lee: After a long period of plodding economic growth, significant earnings gains over the past two years have finally enabled the average…
On America’s Sinking Middle Class
From the New York Times September 18, 2013 By Eduardo Porter In some respects, 1988 has the feel of an alien, distant era. There was no such thing as the…