People

Why did wages grow in 2020?

The EPI article, Wages grew in 2020 because the bottom fell out of the low-wage labor market, by Elise Gould and Jori Kandra (2/24/2021) provides insights into changes in the labor market this past year. Key find: Wages grew largely because more than 80% of the 9.6 million net jobs …

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What did the 116th Congress do more of?

From the Pew article, Though not especially productive in passing bills, the 116th Congress set new marks for social media use, by Aaron Smith and Sono Shah (1/25/2021): Voting members of the 116th Congress collectively produced more than 2.2 million tweets and Facebook posts in 2019 and 2020. That means …

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How are the top 0.1% doing?

The EPI article Wages for the top1% skyrocketed 160% since 1979 while the share of wages for the bottom 90% shrunk by Lawrence Mishel and Jori Kandra (12/1/2020) reports: As Figure A shows, the top 1.0% of earners are now paid 160.3% more than they were in 1979. Even more …

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How many people live in poverty?

It depends on what we mean by poverty.  The World Bank blog post A quarter of the world lives in societal poverty by Marta Schoch, Dean Mitchell Joliffe, & Christoph Lakner (12/2/2020): Measures of absolute poverty, such as poverty at the US$1.90, US$3.20 and the US$5.50 international poverty lines, have the advantage of …

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