Many young people are stuck in low wage jobs. If these workers do not find opportunities to climb, then they will potentially be stuck on the lower income rungs for the rest of their lives.
Category: Economic Stability
Student loans in the United States are now the second-largest source of debt, totaling $1.1 trillion shared among 42 million people with no sign of slowing down.
Earlier this morning, the U.S. Census Bureau released new data on the state of incomes in 2014. According to the new data, the share of income going to the top […]
Studying the history of the minimum wage should compel policymakers to question how social priorities influence different groups, who is considered worthy of protection, and to what extent their welfare is considered
Recently available research looks across developing and advanced countries and within the United States to examine the effects of economic inequality on economic growth, well-being, and stability.
Elisabeth Jacobs, Senior Director for Policy and Academic Programs, Washington Center for Equitable Growth, testifying before the United States Joint Economic Committee on “What Lower Labor Force Participation Rates Tell […]
Rather, the data point to continued business cycle weakness as the most important determinant of workers’ outcomes over the past several years
Income inequality in the United States grew more acute in 2014, yet the bottom 99 percent of income earners registered the best real income growth (after factoring in inflation) in 15 years.
Policymakers in Congress should seriously consider such legislation now in order to institute this new way of raising the minimum wage beginning in 2020.