by Allison Nicole Smith | Mar 1, 2021 | Featured, Personal Income
Pandemic relief lifted U.S. household incomes to historic heights, and consumers boosted retail spending to its largest increase in seven months, signaling early signs of economic recovery. Household income spiked 10 percent in January, the Commerce Department...
by Korey Matthews | May 25, 2020 | Employment, Personal Income
Two States Doing Badly and Two Doing Better Show the Economic Disparity of Coronavirus By Korey Mathews and Sonya Swink Every state in the US is facing its worst economic downturn since the Great Depression, with payrolls going down and unemployment going up in April,...
by Max Zahn | Apr 6, 2018 | Personal Income
Americans stashed rather than spent their initial earnings boost from the recently passed Republican tax cuts, putting off the economic surge many onlookers expected. Consumer spending grew at a sluggish 0.2 percent pace in February, the first month companies adjusted...
by Max Zahn | Mar 5, 2018 | Personal Income
The Trump tax cuts spurred a sharp increase in Americans’ take-home pay at the outset of 2018. After-tax income grew at a rate of 0.9 percent in January, the fastest growth of any month since December 2012, according to a report released by the Bureau of Economic...
by Raul Hernandez | May 30, 2016 | Personal Income
by Raul Hernandez When Seattle lawmakers committed to gradually raising the minimum wage to $15 per hour, Chase Gunther worried that his job prospects would suffer. Working as a line cook in a Seattle restaurant, Gunther was hesitant at the idea that other restaurant...
by George Goss | May 26, 2016 | Personal Income
By George Goss Cash-strapped New York laborers like Carlos Vega formed the rank and file of Fight for $15, the nationwide campaign to raise the minimum wage. But despite winning a once-inconceivable victory—convincing New York to raise its minimum wage to $15 by...
