Nick Bunker says: Nick Bunker says: A Kink in the Phillips Curve: “Look at the relationship between wage growth and another measure of labor market slack, however, [and] the [Phillips-Curve] […]
Category: Labor Markets
Must-Read: It seems to me that there are two questions: 1. Should the the aggregate of the minimum wage and the earned income tax credit add up to a living […]
The press received the most recent labor market data from the U.S. Bureau of Labor Statistics late last week as unexpected bad news because employment growth slowed and wage growth […]
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.
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 […]
Our interactive graphic demonstrates most states had much stronger minimum wages more than 30 years ago than they do today.
Thanks in large part to the ground-breaking work of Paris School of Economics professor Thomas Piketty, and his co-authors, including University of California-Berkley economics professor Emmanuel Saez, we know that […]
Fast forward to 2030, when the last baby boomers are moving into retirement, the millennials are middle aged, and within 10 years about 50 percent of the U.S. population will […]
French economist Thomas Piketty’s treatment of housing as capital in his blockbuster “Capital in the 21st Century” is not an excuse to ignore his predictions about rising economic inequality. “Capital […]