Economic

How do U.S. adults view the economy?

The Pew report  Views of Nation’s Economy Remain Positive, Sharply Divided by Partisanship (2/7/2020) provides the answer: Currently, 81% of Republicans and Republican-leaning independents say the economy is excellent or good. These views have changed only modestly over the past two years. But between November 2016 (just before Trump’s victory …

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Who are the low-wage workers?

The Brookings report Meet the low-wage workforce by Martha Ross and Nicole Bateman (11/7/19) provides demographics of the low-work force by category. The nine categories they use are represented in their chart copied here.  For example, cluster 1 are ages 18-24 are not in school and don’t have a college …

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How has income changed in the U.S.?

From the Census Bureau report New Data Show Income Increased in 14 State and 10 of the Largest Metros by Gloria Guzman (9/26/19) Median household income for the United States and 14 states increased significantly in 2018 from the previous year, according to U.S. Census Bureau data released today. But, …

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How is wealth accumulated?

The Census Bureau note, Many U.S. Households Do Not Have Biggest Contributors to Wealth: Home Equity and Retirement Accounts by Jonathan Eggleston and Donald Hays (8/27/19), highlights gaps in wealth by household type. Wealth inequality between homeowners and renters is striking: Homeowners’ median net worth is 80 times larger than …

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