Oil and gas boom feeds greatest real wage growth in U.S., but will it last?
Most of the biggest inflation-adjusted wage gains have occurred in metro areas that have directly benefited from the boom in U.S. oil and gas production
Numbers, Facts and Trends Shaping Your World
Most of the biggest inflation-adjusted wage gains have occurred in metro areas that have directly benefited from the boom in U.S. oil and gas production
in terms of income status, the past four decades have been very good to people working in financial and natural-resources industries or as executives and managers, but not so good for sales workers or people in blue-collar manufacturing jobs.
Proposed new overtime rules would make nearly 5 million white-collar workers eligible for time-and-a-half – mostly retail and food service managers, office administrators, low-level financial workers and other modestly paid managers and office professionals.
A New York Times chart illustrates disparities in income growth between the U.S. and other advanced economies.
While most manufactured goods are considerably cheaper than they were three decades ago, many key services are much more expensive — contributing to the paradox of greater material abundance among even poor Americans.
Two-thirds of Americans say the gap between the rich and everyone else has increased, but when asked why they cite dozens of different reasons.
A summary of where Americans stand on ten key issues likely to come up in President Obama’s State of the Union address.
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