Home / People

People

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 …

Read More »

What are college persistence rates?

The St. Louis Fed post Staff Pick: College Education Persists Less for Blacks and Hispanics by Ana Kent (11/12/19 – reposted from Feb) explains: Educational attainment tells us quite a bit about the types of financial outcomes we should expect a family to have. So does the education of the …

Read More »

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, …

Read More »

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 …

Read More »