Archive for the ‘Wages’ Category

2013 poverty and income results: Rising tide lifts a few boats, but the levee needs work.

September 16th, 2014

They’re out and I’ve got an extensive analysis up at PostEverything. For here, some highlights. –The poverty rate fell more than I expected last year–down half-a-percentage point from 15% in 2012 to 14.5% in 2013. It was fully driven by a sharp decline in child poverty rate, which fell almost two percentage points, from 21.8%… Read more

Labor Day Reading

September 1st, 2014

Some great articles worth a look on labor, unions, wages, and more: EJ Dionne on an exemplary employer and the workers who went to bat for him. Jon Cohn interviews one of the deepest thinkers I know on labor issues: Rich Yeselson. An important look at the problem of “wage theft” in the NYT. Bob… Read more

PK on JB on JY

August 25th, 2014

Paul K makes a cogent point re my post on Fed chair Janet Yellen’s explanation for recent wage trends. Many of us, including Chair Yellen herself, take the fact that nominal wage growth has been stable for years now at around 2%–about the rate of inflation, implying flat real wage growth–as evidence that considerable slack remains… Read more