The nation’s wealth recovers, but largely for those at the top
The nation’s aggregate wealth continues to show signs of recovery, but that wealth recovery has been concentrated on the wealthiest Americans. Meanwhile, the aggregate net worth for America’s economic middle is actually declining.
Americans have dim view of trade’s impact on jobs and wages
While 68% of Americans say trade is good for the country, they hold starkly different views than people in other countries around the world when it comes to the supposed benefits of international commerce: job creation and higher wages.
Global Public Glum About Economy
In most of the 44 countries surveyed, people say their country is heading in the wrong direction and that economic conditions are bad. Only in developing economies is there some semblance of satisfaction with economic performance.
Who makes minimum wage?
Perhaps surprisingly, not very many people earn minimum wage, and they make up a smaller share of the workforce than they used to.
56% of Americans Believe They Are ‘Falling Behind’ Financially
Public views of the job market have improved modestly, but overall economic optimism remains limited. Many say their incomes are falling behind the cost of living and 45% have experienced a serious financial hardship.
For Labor Day, a look at the state of underemployment
Although the official unemployment rate was down to 6.2% in July, many economists and other analysts have concluded that that measure doesn’t fully capture what’s happened to the U.S. economy since the Great Recession officially ended in the summer of 2009.
Modest Improvement in Views of Economic News
Amid recent reports on the U.S. unemployment rate and gross domestic product, public views of economic news have improved modestly since February.
Chart of the Week: Which states have the most nurses, and where are they paid the most?
This interactive chart makes comparing occupational employment and pay across states not only easy but fun.
Five years in, recovery still underwhelms compared with previous ones
The current economic recovery, which hit the five-year mark this month, has underperformed other recent expansions that have lasted at least as long.
Chart of the Week: Another way to see employment
How employment rates have fallen and (partially) recovered throughout the United States,