Chart of the Week: Do firefighters or musicians have richer parents?
How people’s incomes and jobs as adults compare with the households they grew up in.
Minimum wage hasn’t been enough to lift most out of poverty for decades
The current federal minimum wage falls below the poverty threshold for most households. A new CBO report says raising the minimum will increase income for millions of low-wage workers but cost thousands their jobs.
Interactive: Technology Use and National Income
Technology usage is strongly correlated with national income across the countries surveyed.
The Rising Cost of Not Going to College
College-educated Millennials are outperforming their less-educated peers on many economic measures. And the gap between the two groups is wider today compared with previous generations.
New academic study links rising income inequality to ‘assortative mating’
The income gap between couples with relatively high and those with relatively low levels of education had widened substantially since 1960, according to a new study.
Despite recovery, fewer Americans identify as middle class
Today about as many Americans identify themselves as lower or lower-middle class (40%) as say they are in the middle class (44%).