The U.S. differs from most other countries in how it sets its minimum wage
Putting minimum wage policy in the hands of lawmakers is one of several ways in which the U.S. approach stands apart from other countries.
Putting minimum wage policy in the hands of lawmakers is one of several ways in which the U.S. approach stands apart from other countries.
College graduates without a college-educated parent have lower incomes and less wealth, on average, than those with a parent who has a bachelor’s or higher degree.
Nearly half of Black adults say the economic impact of the pandemic will make achieving their financial goals harder in the long term.
About six-in-ten Americans (62%) say they favor raising the federal minimum wage to $15 an hour, including 40% who strongly back the idea.
The higher education pipeline suggests a long path is ahead for increasing diversity, especially in fields like computing and engineering.
The course of the pandemic in India and China will have a substantial effect on changes in the distribution of income at the global level.
The global middle class consisted of 54 million fewer people in 2020 than the number projected prior to the onset of the pandemic.
The $7.25 federal minimum wage is used in just 21 states, which collectively account for about 40% of all U.S. wage and salary workers.
The number of American homeowners increased by an estimated 2.1 million over the past year, according to the Census Bureau.
The biggest takeaway may be the extent to which the decidedly nonpartisan virus met with an increasingly partisan response.