One of the biggest political puzzles of 2014 is why the public remains so bearish about the economy, and in turn critical of Barack Obama’s stewardship of it, given clear signs that economic indicators are improving. An analysis by Andrew Kohut.
According to recent polls, one issue on which Obama can count on strong public support is his call for raising the minimum wage from $7.25 an hour to $10.10.
Millennials are the nation’s most educated generation in history in terms of finishing college. But despite the stereotype that today’s recent college graduates are largely underemployed, the data show that this generation of college grads earns more than ones that came before it.
Though unions retain much public support, the share of American workers who actually belong to one has been falling for decades and is at its lowest level since the Great Depression
The current federal minimum wage falls below the poverty threshold for most households. A new CBO report says raising the minimum will increase income for millions of low-wage workers but cost thousands their jobs.