Economic

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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How are CEOs doing?

The EPI article, CEO compensation has grown 940% since 1978 by Lawrence Mishel and Julia Wolfe (8/14/2019), summarizes CEO compensation.  Selected Key findings: Using the stock-options-realized measure, we find that the average compensation for CEOs of the 350 largest U.S. firms was $17.2 million in 2018. Compensation dipped 0.5% in …

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