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
See full bias rating for Christian Science Monitor
Learn about media bias

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

From the Left

From the Center

From the Right