US low-income workers gain ground. Finally.

Posted on AllSides January 7th, 2020
From The Center
income inequality, economic policy

A counter trend to rising inequality: Low-wage workers are seeing bigger raises than high-wage earners.

Anew year has arrived with pay raises in store for many of the lowest-income U.S. workers. Wages have actually been growing faster for the bottom quarter of U.S. earners than for other income groups – a positive sign in an economy that has been defined in recent decades by widening inequality.

A worker shortage has forced many employers to raise pay. Our chart package below shows the progress, and it illustrates another key reason: Many...

Read full story
Some content from this outlet may be limited or behind a paywall.

Christian Science Monitor

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
106315/83988
See full bias rating for Christian Science Monitor
Learn about media bias
https://www.csmonitor.com/Business/2020/0107/US-low-income-workers-gain-ground.-Finally

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right