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WAGES | STATE OF WORKING AMERICA Wages and salaries constitute nearly three-fourths of total family income—a share that is even greater for the middle class. Thus, analyses of wage and compensation trends are central to understanding the living standards of American families. INCOME | STATE OF WORKING AMERICA Incomes for middle-class households and families are not likely to reach their 2000 levels until 2018 due to the weak economic performance of the 2000-2007 business cycle and the dramatic losses resulting from the Great Recession. $62,301. In 2000, median family income was $66,259. In 2010, it was 6 percent lower ($62,301),constituting a
POVERTY | STATE OF WORKING AMERICA Industry, occupation, and union status of poverty-level-wage workers vs. non-poverty-level-wage workers. Figure 7K in State of Working America 12th EditionGREAT RECESSION
The number of underemployed workers, including those unemployed, involuntary part-time for economic reasons, and marginally attached. Economic indicators: National Jobs “THE STATE OF WORKING AMERICA, 12TH EDITION” FINDS THAT “The State of Working America, 12th Edition” finds that policy-driven inequality has undercut low- and middle-income workers for past three decades POVERTY | STATE OF WORKING AMERICA $22,314 15.1% 27.4% 45.8% 28.0% 18-25 1.8x 33.9% THE STATE OF WORKING AMERICA KEY NUMBERS Poverty Before the mid-1970s, economic growth in the United States was associated with falling STATE OF WORKING AMERICAABOUTBOOKCHARTS & TABLESINCOMEMOBILITYWAGES State of Working America homepage. The State of Working America, an ongoing analysis published since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, jobs, unemployment, wealth, and poverty that allow for a clear, unbiased understanding of the economy’s effect on the living standards of working Americans. INCOME | STATE OF WORKING AMERICA Income, which includes resources earned from work, returns on investment, and government transfers and benefits (e.g. Social Security, Medicare, Medicaid, and unemployment insurance), is a key determinant of living standards. OVERVIEW | STATE OF WORKING AMERICA State of Working America homepage. Daily stock indices, monthly employment reports, and even quarterly data on the gross domestic product are insufficient indicators for answering this vital question: How well is the American economy providing acceptable growth in living standards for most households? JOBS | STATE OF WORKING AMERICA Jobs. Employment is the foundation of the standard of living most Americans will enjoy in their working age and retirement. A healthy job market is one where willing workers can find decent employment in a timely fashion. list Key numbers on Jobs book Read the chapter.Switch Thumb.
WAGES | STATE OF WORKING AMERICA Wages and salaries constitute nearly three-fourths of total family income—a share that is even greater for the middle class. Thus, analyses of wage and compensation trends are central to understanding the living standards of American families. INCOME | STATE OF WORKING AMERICA Incomes for middle-class households and families are not likely to reach their 2000 levels until 2018 due to the weak economic performance of the 2000-2007 business cycle and the dramatic losses resulting from the Great Recession. $62,301. In 2000, median family income was $66,259. In 2010, it was 6 percent lower ($62,301),constituting a
POVERTY | STATE OF WORKING AMERICA Industry, occupation, and union status of poverty-level-wage workers vs. non-poverty-level-wage workers. Figure 7K in State of Working America 12th EditionGREAT RECESSION
The number of underemployed workers, including those unemployed, involuntary part-time for economic reasons, and marginally attached. Economic indicators: National Jobs “THE STATE OF WORKING AMERICA, 12TH EDITION” FINDS THAT “The State of Working America, 12th Edition” finds that policy-driven inequality has undercut low- and middle-income workers for past three decades POVERTY | STATE OF WORKING AMERICA $22,314 15.1% 27.4% 45.8% 28.0% 18-25 1.8x 33.9% THE STATE OF WORKING AMERICA KEY NUMBERS Poverty Before the mid-1970s, economic growth in the United States was associated with falling STATE OF WORKING AMERICA DATA LIBRARY The State of Working America Data Library provides researchers, media, and the public with easily accessible, up-to-date, and comprehensive historical data on the American labor force. It is compiled from Economic Policy Institute analysis of government data sources. Use it to research wages, inequality, and other economic indicators over time and among demographic groups. INCOME | STATE OF WORKING AMERICA Incomes for middle-class households and families are not likely to reach their 2000 levels until 2018 due to the weak economic performance of the 2000-2007 business cycle and the dramatic losses resulting from the Great Recession. $62,301. In 2000, median family income was $66,259. In 2010, it was 6 percent lower ($62,301),constituting a
WAGES | STATE OF WORKING AMERICA compensation (wages and bene!ts) of the median worker rose just 10.7 percent. between 1973 and 2011. Most of this growth occurred in the late 1990s wage. boom, and once the boom subsided by 2002 and 2003 real wages and compen- sation stagnated for most workers—collegegraduates and
EDUCATION LEVEL
Impact of increasing education and experience on hourly wages of individuals in the middle fifth of the income distribution, selected years. Table 2.19 in State of Working America 12th Edition. “THE STATE OF WORKING AMERICA, 12TH EDITION” FINDS THAT “The State of Working America, 12th Edition” finds that policy-driven inequality has undercut low- and middle-income workers for past three decades INEQUALITY | STATE OF WORKING AMERICA Inequality has risen sharply over the last several decades, and this rise is apparent in nearly every data measure analyzed in The State of Working America, 12th Edition.While there has been sufficient economic growth to produce broadly shared prosperity, people at the uppermost rungs of the income ladder have claimed most of the growth in wages, captured a larger share of national income, and SWA-INCOME | TABLE 2.11 | EFFECT OF THE SHIFT FROM LABOR Documentation and methodology. Underlying data are from the Congressional Budget Office, Average Federal Taxes by Income Group, “Sources of Income for All Households, by Household Income Category, 1979 to 2007” .The counterfactual holds the share of all income accounted for by capital income constant at its 1979level.
WAGES | STATE OF WORKING AMERICA 0.5% 17% 11% 6% >200-to-1 4x THE STATE OF WORKING AMERICA KEY NUMBERS Wages Wages and salaries constitute nearly three-fourths of total family income—a share that is SWA-WAGES | FIGURE 4F | SHARE OF WORKERS EARNING POVERTY State of Working America homepage. Documentation and methodology. As with other CPS microdata analyses presented in the book, race/ethnicity categories are mutually exclusive (i.e., white non-Hispanic, black non-Hispanic, and Hispanic any race). SWA-INCOME | FIGURE 2C | AVERAGE FAMILY INCOME GROWTH, BY Documentation and methodology. Underlying data are from Current Population Survey Annual Social and Economic Supplement Historical Income Tables, Table F-3, “Mean Income Received by Each Fifth and Top 5 Percent of Families, All Races: 1966 to 2010.”Data are inflated to 2011 dollars using the CPI-U-RS. STATE OF WORKING AMERICAABOUTBOOKCHARTS & TABLESINCOMEMOBILITYWAGES State of Working America homepage. The State of Working America, an ongoing analysis published since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, jobs, unemployment, wealth, and poverty that allow for a clear, unbiased understanding of the economy’s effect on the living standards of working Americans. STATE OF WORKING AMERICA DATA LIBRARY The State of Working America Data Library provides researchers, media, and the public with easily accessible, up-to-date, and comprehensive historical data on the American labor force. It is compiled from Economic Policy Institute analysis of government data sources. Use it to research wages, inequality, and other economic indicators over time and among demographic groups. INCOME | STATE OF WORKING AMERICA Income, which includes resources earned from work, returns on investment, and government transfers and benefits (e.g. Social Security, Medicare, Medicaid, and unemployment insurance), is a key determinant of living standards. OVERVIEW | STATE OF WORKING AMERICA State of Working America homepage. Daily stock indices, monthly employment reports, and even quarterly data on the gross domestic product are insufficient indicators for answering this vital question: How well is the American economy providing acceptable growth in living standards for most households? WAGES | STATE OF WORKING AMERICA Wages and salaries constitute nearly three-fourths of total family income—a share that is even greater for the middle class. Thus, analyses of wage and compensation trends are central to understanding the living standards of American families. MOBILITY | STATE OF WORKING AMERICA Mobility. Essential to the American Dream is the notion that hard work will create the opportunities to succeed regardless of where you start in life or your race, ethnicity, or gender. However, an examination of mobility—movement up and down the income and living standards ladder—shows that turning this dream into reality has not been POVERTY | STATE OF WORKING AMERICA Industry, occupation, and union status of poverty-level-wage workers vs. non-poverty-level-wage workers. Figure 7K in State of Working America 12th EditionEDUCATION LEVEL
Impact of increasing education and experience on hourly wages of individuals in the middle fifth of the income distribution, selected years. Table 2.19 in State of Working America 12th Edition. POVERTY | STATE OF WORKING AMERICA State of Working America homepage. The impact of economic, demographic, and education changes on poverty ratesGREAT RECESSION
The number of underemployed workers, including those unemployed, involuntary part-time for economic reasons, and marginally attached. Economic indicators: National Jobs STATE OF WORKING AMERICAABOUTBOOKCHARTS & TABLESINCOMEMOBILITYWAGES State of Working America homepage. The State of Working America, an ongoing analysis published since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, jobs, unemployment, wealth, and poverty that allow for a clear, unbiased understanding of the economy’s effect on the living standards of working Americans. STATE OF WORKING AMERICA DATA LIBRARY The State of Working America Data Library provides researchers, media, and the public with easily accessible, up-to-date, and comprehensive historical data on the American labor force. It is compiled from Economic Policy Institute analysis of government data sources. Use it to research wages, inequality, and other economic indicators over time and among demographic groups. INCOME | STATE OF WORKING AMERICA Income, which includes resources earned from work, returns on investment, and government transfers and benefits (e.g. Social Security, Medicare, Medicaid, and unemployment insurance), is a key determinant of living standards. OVERVIEW | STATE OF WORKING AMERICA State of Working America homepage. Daily stock indices, monthly employment reports, and even quarterly data on the gross domestic product are insufficient indicators for answering this vital question: How well is the American economy providing acceptable growth in living standards for most households? WAGES | STATE OF WORKING AMERICA Wages and salaries constitute nearly three-fourths of total family income—a share that is even greater for the middle class. Thus, analyses of wage and compensation trends are central to understanding the living standards of American families. MOBILITY | STATE OF WORKING AMERICA Mobility. Essential to the American Dream is the notion that hard work will create the opportunities to succeed regardless of where you start in life or your race, ethnicity, or gender. However, an examination of mobility—movement up and down the income and living standards ladder—shows that turning this dream into reality has not been POVERTY | STATE OF WORKING AMERICA Industry, occupation, and union status of poverty-level-wage workers vs. non-poverty-level-wage workers. Figure 7K in State of Working America 12th EditionEDUCATION LEVEL
Impact of increasing education and experience on hourly wages of individuals in the middle fifth of the income distribution, selected years. Table 2.19 in State of Working America 12th Edition. POVERTY | STATE OF WORKING AMERICA State of Working America homepage. The impact of economic, demographic, and education changes on poverty ratesGREAT RECESSION
The number of underemployed workers, including those unemployed, involuntary part-time for economic reasons, and marginally attached. Economic indicators: National Jobs MOBILITY | STATE OF WORKING AMERICA Mobility. Essential to the American Dream is the notion that hard work will create the opportunities to succeed regardless of where you start in life or your race, ethnicity, or gender. However, an examination of mobility—movement up and down the income and living standards ladder—shows that turning this dream into reality has not been HEALTH | STATE OF WORKING AMERICA Vast improvements over the last half century have helped make Americans healthier. Living standards are better in general, and Americans have the advantage of a more-extensive and far-reaching health care system than ever before. INCOME | STATE OF WORKING AMERICA Incomes for middle-class households and families are not likely to reach their 2000 levels until 2018 due to the weak economic performance of the 2000-2007 business cycle and the dramatic losses resulting from the Great Recession. $62,301. In 2000, median family income was $66,259. In 2010, it was 6 percent lower ($62,301),constituting a
INCOME | STATE OF WORKING AMERICA Income growth for the middle fifth has been driven largely by elderly households’ pension and transfer income; Adjusting income for the truer contribution of health care transfers WEALTH | STATE OF WORKING AMERICA Wealth, or net worth, is a key determinant of living standards for American families. Liquid assets help families cope with cash emergencies. Tangible assets like cars, homes, and computers provide people with opportunities and allow them to participate in work, school and community life. INEQUALITY | STATE OF WORKING AMERICA Inequality has risen sharply over the last several decades, and this rise is apparent in nearly every data measure analyzed in The State of Working America, 12th Edition.While there has been sufficient economic growth to produce broadly shared prosperity, people at the uppermost rungs of the income ladder have claimed most of the growth in wages, captured a larger share of national income, and STATEOFWORKINGAMERICA.ORG stateofworkingamerica.org MOBILITY | STATE OF WORKING AMERICA State of Working America homepage. Spotlight Mobility higher in Europe. According to a 2006 study, 66.7 percent of sons born to low-earning fathers (in the bottom fifth of the earnings scale) in the United States rose no higher than the bottom 40 percent, and only 18.1 percent rose into the top 40 percent. WAGES | STATE OF WORKING AMERICA compensation (wages and bene!ts) of the median worker rose just 10.7 percent. between 1973 and 2011. Most of this growth occurred in the late 1990s wage. boom, and once the boom subsided by 2002 and 2003 real wages and compen- sation stagnated for most workers—collegegraduates and
SWA-WEALTH | TABLE 6.5 | MEDIAN HOUSEHOLD WEALTH, AND State of Working America homepage. Median household wealth, and share of households with zero or negative wealth, by race and ethnicity,1983–2010
STATE OF WORKING AMERICAABOUTBOOKCHARTS & TABLESINCOMEMOBILITYWAGES State of Working America homepage. The State of Working America, an ongoing analysis published since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, jobs, unemployment, wealth, and poverty that allow for a clear, unbiased understanding of the economy’s effect on the living standards of working Americans. STATE OF WORKING AMERICA DATA LIBRARY The State of Working America Data Library provides researchers, media, and the public with easily accessible, up-to-date, and comprehensive historical data on the American labor force. It is compiled from Economic Policy Institute analysis of government data sources. Use it to research wages, inequality, and other economic indicators over time and among demographic groups. INCOME | STATE OF WORKING AMERICA Income, which includes resources earned from work, returns on investment, and government transfers and benefits (e.g. Social Security, Medicare, Medicaid, and unemployment insurance), is a key determinant of living standards. OVERVIEW | STATE OF WORKING AMERICA State of Working America homepage. Daily stock indices, monthly employment reports, and even quarterly data on the gross domestic product are insufficient indicators for answering this vital question: How well is the American economy providing acceptable growth in living standards for most households? WAGES | STATE OF WORKING AMERICA Wages and salaries constitute nearly three-fourths of total family income—a share that is even greater for the middle class. Thus, analyses of wage and compensation trends are central to understanding the living standards of American families. MOBILITY | STATE OF WORKING AMERICA Mobility. Essential to the American Dream is the notion that hard work will create the opportunities to succeed regardless of where you start in life or your race, ethnicity, or gender. However, an examination of mobility—movement up and down the income and living standards ladder—shows that turning this dream into reality has not been POVERTY | STATE OF WORKING AMERICA Industry, occupation, and union status of poverty-level-wage workers vs. non-poverty-level-wage workers. Figure 7K in State of Working America 12th EditionEDUCATION LEVEL
Impact of increasing education and experience on hourly wages of individuals in the middle fifth of the income distribution, selected years. Table 2.19 in State of Working America 12th Edition. POVERTY | STATE OF WORKING AMERICA State of Working America homepage. The impact of economic, demographic, and education changes on poverty ratesGREAT RECESSION
The number of underemployed workers, including those unemployed, involuntary part-time for economic reasons, and marginally attached. Economic indicators: National Jobs STATE OF WORKING AMERICAABOUTBOOKCHARTS & TABLESINCOMEMOBILITYWAGES State of Working America homepage. The State of Working America, an ongoing analysis published since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, jobs, unemployment, wealth, and poverty that allow for a clear, unbiased understanding of the economy’s effect on the living standards of working Americans. STATE OF WORKING AMERICA DATA LIBRARY The State of Working America Data Library provides researchers, media, and the public with easily accessible, up-to-date, and comprehensive historical data on the American labor force. It is compiled from Economic Policy Institute analysis of government data sources. Use it to research wages, inequality, and other economic indicators over time and among demographic groups. INCOME | STATE OF WORKING AMERICA Income, which includes resources earned from work, returns on investment, and government transfers and benefits (e.g. Social Security, Medicare, Medicaid, and unemployment insurance), is a key determinant of living standards. OVERVIEW | STATE OF WORKING AMERICA State of Working America homepage. Daily stock indices, monthly employment reports, and even quarterly data on the gross domestic product are insufficient indicators for answering this vital question: How well is the American economy providing acceptable growth in living standards for most households? WAGES | STATE OF WORKING AMERICA Wages and salaries constitute nearly three-fourths of total family income—a share that is even greater for the middle class. Thus, analyses of wage and compensation trends are central to understanding the living standards of American families. MOBILITY | STATE OF WORKING AMERICA Mobility. Essential to the American Dream is the notion that hard work will create the opportunities to succeed regardless of where you start in life or your race, ethnicity, or gender. However, an examination of mobility—movement up and down the income and living standards ladder—shows that turning this dream into reality has not been POVERTY | STATE OF WORKING AMERICA Industry, occupation, and union status of poverty-level-wage workers vs. non-poverty-level-wage workers. Figure 7K in State of Working America 12th EditionEDUCATION LEVEL
Impact of increasing education and experience on hourly wages of individuals in the middle fifth of the income distribution, selected years. Table 2.19 in State of Working America 12th Edition. POVERTY | STATE OF WORKING AMERICA State of Working America homepage. The impact of economic, demographic, and education changes on poverty ratesGREAT RECESSION
The number of underemployed workers, including those unemployed, involuntary part-time for economic reasons, and marginally attached. Economic indicators: National Jobs MOBILITY | STATE OF WORKING AMERICA Mobility. Essential to the American Dream is the notion that hard work will create the opportunities to succeed regardless of where you start in life or your race, ethnicity, or gender. However, an examination of mobility—movement up and down the income and living standards ladder—shows that turning this dream into reality has not been HEALTH | STATE OF WORKING AMERICA Vast improvements over the last half century have helped make Americans healthier. Living standards are better in general, and Americans have the advantage of a more-extensive and far-reaching health care system than ever before. INCOME | STATE OF WORKING AMERICA Incomes for middle-class households and families are not likely to reach their 2000 levels until 2018 due to the weak economic performance of the 2000-2007 business cycle and the dramatic losses resulting from the Great Recession. $62,301. In 2000, median family income was $66,259. In 2010, it was 6 percent lower ($62,301),constituting a
INCOME | STATE OF WORKING AMERICA Income growth for the middle fifth has been driven largely by elderly households’ pension and transfer income; Adjusting income for the truer contribution of health care transfers WEALTH | STATE OF WORKING AMERICA Wealth, or net worth, is a key determinant of living standards for American families. Liquid assets help families cope with cash emergencies. Tangible assets like cars, homes, and computers provide people with opportunities and allow them to participate in work, school and community life. INEQUALITY | STATE OF WORKING AMERICA Inequality has risen sharply over the last several decades, and this rise is apparent in nearly every data measure analyzed in The State of Working America, 12th Edition.While there has been sufficient economic growth to produce broadly shared prosperity, people at the uppermost rungs of the income ladder have claimed most of the growth in wages, captured a larger share of national income, and STATEOFWORKINGAMERICA.ORG stateofworkingamerica.org MOBILITY | STATE OF WORKING AMERICA State of Working America homepage. Spotlight Mobility higher in Europe. According to a 2006 study, 66.7 percent of sons born to low-earning fathers (in the bottom fifth of the earnings scale) in the United States rose no higher than the bottom 40 percent, and only 18.1 percent rose into the top 40 percent. WAGES | STATE OF WORKING AMERICA compensation (wages and bene!ts) of the median worker rose just 10.7 percent. between 1973 and 2011. Most of this growth occurred in the late 1990s wage. boom, and once the boom subsided by 2002 and 2003 real wages and compen- sation stagnated for most workers—collegegraduates and
SWA-WEALTH | TABLE 6.5 | MEDIAN HOUSEHOLD WEALTH, AND State of Working America homepage. Median household wealth, and share of households with zero or negative wealth, by race and ethnicity,1983–2010
STATE OF WORKING AMERICA State of Working America homepage. The State of Working America, an ongoing analysis published since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, jobs, unemployment, wealth, and poverty that allow for a clear, unbiased understanding of the economy’s effect on the living standards of working Americans. STATE OF WORKING AMERICA DATA LIBRARY The State of Working America Data Library provides researchers, media, and the public with easily accessible, up-to-date, and comprehensive historical data on the American labor force. It is compiled from Economic Policy Institute analysis of government data sources. Use it to research wages, inequality, and other economic indicators over time and among demographic groups. INCOME | STATE OF WORKING AMERICA Income, which includes resources earned from work, returns on investment, and government transfers and benefits (e.g. Social Security, Medicare, Medicaid, and unemployment insurance), is a key determinant of living standards. JOBS | STATE OF WORKING AMERICA Jobs. Employment is the foundation of the standard of living most Americans will enjoy in their working age and retirement. A healthy job market is one where willing workers can find decent employment in a timely fashion. list Key numbers on Jobs book Read the chapter.Switch Thumb.
INTERNATIONAL
Much of this Web site examines the performance of the U.S. economy over time—using historical outcomes as a benchmark. This section instead compares the United States across space—benchmarking its performance to its global peers, the 19 other richest industrialized countries of the Organization for Economic Cooperation andDevelopment.
OVERVIEW | STATE OF WORKING AMERICA State of Working America homepage. Daily stock indices, monthly employment reports, and even quarterly data on the gross domestic product are insufficient indicators for answering this vital question: How well is the American economy providing acceptable growth in living standards for most households? WAGES | STATE OF WORKING AMERICA Wages and salaries constitute nearly three-fourths of total family income—a share that is even greater for the middle class. Thus, analyses of wage and compensation trends are central to understanding the living standards of American families. HEALTH | STATE OF WORKING AMERICA Vast improvements over the last half century have helped make Americans healthier. Living standards are better in general, and Americans have the advantage of a more-extensive and far-reaching health care system than ever before. MOBILITY | STATE OF WORKING AMERICA Mobility. Essential to the American Dream is the notion that hard work will create the opportunities to succeed regardless of where you start in life or your race, ethnicity, or gender. However, an examination of mobility—movement up and down the income and living standards ladder—shows that turning this dream into reality has not been POVERTY | STATE OF WORKING AMERICANUMBER OF WORKING AMERICANS2019 WORKING DAY2019 WORKING CALENDARTORRENT SITES 2019 WORKINGAMERICANS WORKING OVERSEASHOW MANY WORKING AMERICANS Industry, occupation, and union status of poverty-level-wage workers vs. non-poverty-level-wage workers. Figure 7K in State of Working America 12th Edition STATE OF WORKING AMERICA State of Working America homepage. The State of Working America, an ongoing analysis published since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, jobs, unemployment, wealth, and poverty that allow for a clear, unbiased understanding of the economy’s effect on the living standards of working Americans. STATE OF WORKING AMERICA DATA LIBRARY The State of Working America Data Library provides researchers, media, and the public with easily accessible, up-to-date, and comprehensive historical data on the American labor force. It is compiled from Economic Policy Institute analysis of government data sources. Use it to research wages, inequality, and other economic indicators over time and among demographic groups. INCOME | STATE OF WORKING AMERICA Income, which includes resources earned from work, returns on investment, and government transfers and benefits (e.g. Social Security, Medicare, Medicaid, and unemployment insurance), is a key determinant of living standards. JOBS | STATE OF WORKING AMERICA Jobs. Employment is the foundation of the standard of living most Americans will enjoy in their working age and retirement. A healthy job market is one where willing workers can find decent employment in a timely fashion. list Key numbers on Jobs book Read the chapter.Switch Thumb.
INTERNATIONAL
Much of this Web site examines the performance of the U.S. economy over time—using historical outcomes as a benchmark. This section instead compares the United States across space—benchmarking its performance to its global peers, the 19 other richest industrialized countries of the Organization for Economic Cooperation andDevelopment.
OVERVIEW | STATE OF WORKING AMERICA State of Working America homepage. Daily stock indices, monthly employment reports, and even quarterly data on the gross domestic product are insufficient indicators for answering this vital question: How well is the American economy providing acceptable growth in living standards for most households? WAGES | STATE OF WORKING AMERICA Wages and salaries constitute nearly three-fourths of total family income—a share that is even greater for the middle class. Thus, analyses of wage and compensation trends are central to understanding the living standards of American families. HEALTH | STATE OF WORKING AMERICA Vast improvements over the last half century have helped make Americans healthier. Living standards are better in general, and Americans have the advantage of a more-extensive and far-reaching health care system than ever before. MOBILITY | STATE OF WORKING AMERICA Mobility. Essential to the American Dream is the notion that hard work will create the opportunities to succeed regardless of where you start in life or your race, ethnicity, or gender. However, an examination of mobility—movement up and down the income and living standards ladder—shows that turning this dream into reality has not been POVERTY | STATE OF WORKING AMERICANUMBER OF WORKING AMERICANS2019 WORKING DAY2019 WORKING CALENDARTORRENT SITES 2019 WORKINGAMERICANS WORKING OVERSEASHOW MANY WORKING AMERICANS Industry, occupation, and union status of poverty-level-wage workers vs. non-poverty-level-wage workers. Figure 7K in State of Working America 12th EditionINTERNATIONAL
Much of this Web site examines the performance of the U.S. economy over time—using historical outcomes as a benchmark. This section instead compares the United States across space—benchmarking its performance to its global peers, the 19 other richest industrialized countries of the Organization for Economic Cooperation andDevelopment.
HEALTH | STATE OF WORKING AMERICA Vast improvements over the last half century have helped make Americans healthier. Living standards are better in general, and Americans have the advantage of a more-extensive and far-reaching health care system than ever before. WAGES | STATE OF WORKING AMERICA Wages and salaries constitute nearly three-fourths of total family income—a share that is even greater for the middle class. Thus, analyses of wage and compensation trends are central to understanding the living standards of American families. INCOME | STATE OF WORKING AMERICA Incomes for middle-class households and families are not likely to reach their 2000 levels until 2018 due to the weak economic performance of the 2000-2007 business cycle and the dramatic losses resulting from the Great Recession. $62,301. In 2000, median family income was $66,259. In 2010, it was 6 percent lower ($62,301),constituting a
INCOME | STATE OF WORKING AMERICA Income growth for the middle fifth has been driven largely by elderly households’ pension and transfer income; Adjusting income for the truer contribution of health care transfers WEALTH | STATE OF WORKING AMERICA Wealth, or net worth, is a key determinant of living standards for American families. Liquid assets help families cope with cash emergencies. Tangible assets like cars, homes, and computers provide people with opportunities and allow them to participate in work, school and community life. MOBILITY | STATE OF WORKING AMERICA State of Working America homepage. Spotlight Mobility higher in Europe. According to a 2006 study, 66.7 percent of sons born to low-earning fathers (in the bottom fifth of the earnings scale) in the United States rose no higher than the bottom 40 percent, and only 18.1 percent rose into the top 40 percent. WAGES | STATE OF WORKING AMERICA compensation (wages and bene!ts) of the median worker rose just 10.7 percent. between 1973 and 2011. Most of this growth occurred in the late 1990s wage. boom, and once the boom subsided by 2002 and 2003 real wages and compen- sation stagnated for most workers—collegegraduates and
WEALTH | STATE OF WORKING AMERICA State of Working America homepage. Wealth of U.S. citizens compared with citizens’ wealth in peer countries WAGES | STATE OF WORKING AMERICA 0.5% 17% 11% 6% >200-to-1 4x THE STATE OF WORKING AMERICA KEY NUMBERS Wages Wages and salaries constitute nearly three-fourths of total family income—a share that is Skip to main content Economic Policy Institute - The State Of Working America* About
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_The State of Working America_, an ongoing analysis published since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, jobs, unemployment, wealth, and poverty that allow for a clear, unbiased understanding of the economy’s effect on the living standards of working Americans.>
> January 15, 2015: > New data on Job Seekers Ratio »>
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_THE STATE OF WORKING AMERICA, 12TH EDITION_
EPI'S AUTHORITATIVE ANALYSIS OF THE LIVING STANDARDS OF AMERICA'SWORKERS
THE BOOK :
Read the chapters and review the charts PRESS RELEASE : Low- and middle-income workers have fallen behind over the last three decades ORDER THE BOOK: Available from Cornell University Press12TH EDITION
SUMMARY OF MAJOR FINDINGS UPDATED DATA SHOW MORE THAN A 'LOST DECADE'OVERVIEW :
Policy-driven inequality blocks living standards growth for most low- and middle-income workers KEY NUMBERS : Click through topic-specificsummaries of data
DATA AND ANALYSIS
MONITORING THE ECONOMY UP-TO-DATE ANALYSIS ON THE NATIONAL AND STATE-LEVEL NUMBERS THAT SHAPE THE ECONOMY.INTERACTIVE FEATURE
WHEN INCOME GROWS, WHO GAINS? Chart the rise in U.S. household income since 1917—and see how growth has fared between the top 10 percent and the bottom 90 percent of Americans.* EPI.org
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