A recent Wall Street Journal article on how US corporations are adjusting to a shrinking middle class, Ellen Byron writes:
In the wake of the worst recession in 50 years, there’s little doubt that the American middle class—the 40% of households with annual incomes between $50,000 and $140,000 a year—is in distress. Even before …Click to Read More
A recent US Census Bureau report analyzing gender wage disparity in the US shows Washington State in the bottom quartile of states ranked in terms of gender wage parity, which is about 75% in Washington State as opposed to the national average of about 80%.
Today’s New York Times Economix blog offers further breakdowns …Click to Read More
More on stagnating wages and the widening income gap in America.
The story is often told that college graduates have done well and everyone else has not. But that’s not true,” said Josh Bivens, an economist at EPI.
For high school graduates, median inflation-adjusted wages were $626 per week in 2009, compared with …Click to Read More