Wages & Income
22 posts in Wages & Income · page 2 of 2. ← All posts
-
Disconnect between aggregate earnings and payrolls
Usually Claudia Sahm is answering the hard questions in economics. She does it better than anyone else. But yesterday she asked a questio...
-
Income of the Aged, 2019
The resources available to people ages 65 and older depend on several factors. For those working full-time, earnings from work can often ...
-
Measuring Earnings from Work
Despite the ongoing pandemic, the US Bureau of Labor Statistics report that a typical full-time worker earns the equivalent of more than ...
-
Wealth and Income
Recently released data from the 2019 Survey of Consumer Finances (SCF) show a highly unequal distribution of wealth in the US, both betwe...
-
Poverty and age
Mismatches between the timing in life of labor income and major expenses cause unnecessary poverty in the US. Labor income (earnings from...
-
Who gets credit for the wage growth of low wage workers?
Last month, I pointed out 7% wage growth at the first decile (10th percentile). The CEA noted this same figure in a recent report, claimi...
-
Wage growth is in the pipeline
If you haven’t looked at the US wage distribution recently, you might be surprised to see nominal growth of 7.0 percent in 2019 Q3 and 6....
-
Do regional inflation differences affect nationwide real wage estimates?
Some basic facts about the US economy point to the possibility that inflation is overstated in measures of real wage growth for workers a...
-
Higher employment rates mean higher wages for low-wage workers
Low-wage jobs pay better when the local labor market is tight. This is because an employer who can’t easily replace one worker with anoth...
-
Sawing off the top of a step ladder
Policymakers may have accidentally demonstrated that they have the skills needed to curb the pay of the top earners in a profession. Unfo...