For most U.S. workers, real wages have barely budged in decades
Despite some ups and downs over the past several decades, today’s real average wage in the U.S. has about the same purchasing power it did 40 years ago. And most of what wage gains there have been have flowed to the highest-paid tier of workers.
The share of teens with summer jobs has plunged since 2000, and the type of work they do has shifted
Despite modest recovery following the Great Recession, just a little over a third of teens had a job last summer – a steep decline compared with even the recent past. Those teens who do work are more likely to be busing tables or tending a grill than selling T-shirts or staffing a mall kiosk,.
More Americans view long-term decline in union membership negatively than positively
The number of Americans represented by labor unions has decreased substantially since the 1950s, and a new survey finds that the decline is seen more negatively than positively by U.S. adults. The survey also finds that 55% of Americans have a favorable impression of unions, with about as many (53%) viewing business corporations favorably.
Number of U.S. workers employed by foreign-owned companies is on the rise
Foreign-owned companies employed 6.8 million workers in the United States in 2015, up 22% from 2007. Overall, foreign-owned companies accounted for 5.5% of all U.S. private sector employment in 2015.
Worldwide, People Divided on Whether Life Today Is Better Than in the Past
People in Vietnam, India and South Korea are generally positive about life today in their countries compared with 50 years ago. But in many places, like Latin America, peoples’ outlooks are more negative.
5 ways the U.S. workforce has changed, a decade since the Great Recession began
As we approach the 10th anniversary of the start of the Great Recession, five ways in which the U.S. workforce has changed over the past decade.
Among developed nations, Americans’ tax bills are below average
Tax burdens in the U.S. are lower than most of its developed-nation peers – in some cases, well below.
Americans deepest in poverty lost more ground in 2016
The official poverty rate last year was close to its pre-Great Recession level, but the share of the U.S. poor in severe poverty increased.
Latino unemployment rate is back at historic low
The unemployment rate for U.S. Hispanics hit 4.7% in the second quarter of 2017. However, U.S. Latinos have not fully recovered from the Great Recession.
5 facts about government debt around the world
Public debt has increased sharply in many countries in recent years, particularly during and after the Great Recession.