The real value of a $15 minimum wage depends on where you live
Although most Americans back a higher minimum wage, wide disparities in local living costs make finding an appropriate rate difficult.
Numbers, Facts and Trends Shaping Your World
Although most Americans back a higher minimum wage, wide disparities in local living costs make finding an appropriate rate difficult.
After running up record debt-to-income ratios during the bubble economy of the 2000s, young adults shed substantially more debt than older adults did during the Great Recession and its immediate aftermath—mainly by virtue of owning fewer houses and cars, according to a new Pew Research Center analysis of Federal Reserve Board and other government data. […]
Americans believe that having a secure job is by far the most important requirement for being in the middle class, easily trumping homeownership and a college education, according to a new nationwide Pew Research Center survey of 2,508 adults. Nearly nine-in-ten adults (86%) say a person needs a secure job to be considered part of […]
For a narrow majority of Americans (55%), the Great Recession brought a mix of hardships, usually in combination: a spell of unemployment, missed mortgage or rent payments, shrinking paychecks and shattered household budgets, but for the other 45% of the country, the recession was largely free of such difficulties.
Beyond partisanship — and behind those healthy economic indicators — Americans may be seeing something that most economists overlook.
Hispanic households have less than ten cents for every dollar in wealth owned by White households.
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