income growth

Politics
Total personal income is income earned by an area’s workforce.
Business
Since the recession ended more than five years ago, wages have been one of the slowest parts of the economy to recover. In
Politics
To some it appears that there are two separate electorates in the U.S. -- one for the general election that closely resembles the makeup of the actual population, and one for the mid-terms that skews heavily toward older, more Republican voters. That perception is generally true, but it's not entirely that simple.
Videos
Incomes for the bottom 90 percent of Americans only grew by $59 on average between 1966 and 2011 (when you adjust those incomes for inflation), according to an analysis by Pulitzer Prize-winning journalist David Cay Johnston for Tax Analysts. During the same period, the average income for the top 10 percent of Americans rose by $116,071, Johnston found.
Business
Another day, another mind-blowing fact about the staggering difference between the haves and the have-nots. To put that into
Business
The problem is how to create enough new jobs to generate more demand for goods and services. And only government is in a position to do that at present. Nothing else will generate the growth we need.
Business
Spending before taking into account changes in prices rose 0.4 percent. Economists polled by Reuters had expected nominal
The World Post
. In a recent Economic Premise - "Avoiding Middle-Income Growth Traps" - Pierre-Richard Agénor, Michael Jelenic and I suggest that the region can now provide a new round of lessons.
Business
In fact, economic growth was a decidedly lopsided process in 2009 and 2010, according to one Berkeley professor. During those
Business
Workers’ lack of savings may only exacerbate America’s large wealth gap. The top 1 percent of earners saw their wealth jump
Business
In his State of the Union address this past January, President Obama called economic fairness "the defining issue of our
Business
From 1947-79, when inequality was relatively unchanged, incomes just about doubled for low, medium and high earners. But between 1979 and 2010, income growth at the middle and bottom was pretty much flat. There is of course a lot more than unequal growth delineating the two periods, but there's no question that inequality was a major factor in play. Another big distinction between these two roughly 30 year periods was the tightness of the labor market. And there's an important, substantive linkage between growth and inequality: at full employment, middle and low-income workers have much more of the bargaining power they require to claim their fair share of the growth they're helping to generate.
Business
In cities like Dublin and New Orleans, income growth rates decline last year. Chinese cities, which have generally fared
Business
Even as incomes fall, companies are still squeezing as much as they can out of workers. Profits per employee went up for
Business
The latest poverty and income figures came out this week, and boy are they disturbing. It’s not so much the headline figures
Business
Beginning in the economic expansion of the early 1990s, Saez argues, the economy began to favor the top tiers American earners