You Searched For "wage inequality" and got 20 results
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4 mins read
Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.
Universal basic income is quickly gaining traction, with several trials and some famous proponents …
Theron Mohamed
5 mins read
Welcome to the age of geriatric millionaires
Millionaires have been getting older, and holding onto their wealth for longer. It's creating a Kin…
Juliana Kaplan
1 min read
Wealth inequality and 'billionaire supremacy' have gotten so bad that at this rate, it will take 230 years to end poverty
Oxfam International said top billionaires have become $3.3 trillion richer since 2020. Meanwhile, 6…
Katie Balevic
3 mins read
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
9 mins read
Welcome to the red-hot blue-collar job boom
Walmart and UPS offer six-figure salaries and lucrative benefits. White-collar workers, meanwhile, …
Juliana Kaplan
7 mins read
Meet the millennials who made all the right money moves in the pandemic economy and are suddenly wealthy
Millennials' average wealth doubled in the last four years, leaving some surprised to realize that …
Juliana Kaplan
3 mins read
Sorry, America, it's looking like higher interest rates are going to stick around longer
Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts i…
Ayelet Sheffey,Madison Hoff
4 mins read
AI could split workers into 2: The ones whose jobs get better and the ones who lose them completely
AI could make you more productive or replace you at work. A new analysis sheds light on which work…
Jacob Zinkula
4 mins read
The US inequality gap is quietly getting smaller
The income inequality gap has been narrowing since 2015, with lower-wage workers receiving more rai…
Noah Sheidlower
4 mins read
The Jamie Dimon manifesto
It's a policy proposal fit for a presidential run.
Juliana Kaplan
7 mins read
Angus Deaton won a Nobel Prize in economics. Now he says he got it wrong on globalization.
Angus Deaton has been an economist for over fifty years. He's still rethinking his views.
Juliana Kaplan
4 mins read
Meet the 'disconnected youth': A growing group of Gen Zers who aren't working or going to school
A growing group of Gen Zers aren't working or going to school.
Juliana Kaplan,Ayelet Sheffey,Noah Sheidlower
9 mins read
Farewell and good riddance — to the 'typical American family'
The short, troubled reign of the nuclear family has come to an end. But we can replace it with some…
Kelli María Korducki
8 mins read
Meet the Americans who can't retire
Retirees used to count on ample pensions and a chance to unwind after a long career. Not anymore.
Juliana Kaplan
2 mins read
The Fed holds interest rates steady in its 2nd decision of the year with cuts still expected later in 2024
The Federal Reserve kept interest rates steady on Wednesday, with more positive inflation readings …
Ayelet Sheffey
3 mins read
The Fed still probably isn't ready to give Americans the interest rate cuts they're hoping for
The Federal Reserve is likely to continue holding interest rates steady this week, but a cut could …
Ayelet Sheffey,Madison Hoff
8 mins read
America's economy is being wildly mismeasured
Polls are fueling "pessimism inflation" — and it's going to make the next recession even more…
George Pearkes
3 mins read
Gen Z and younger millennial women are outearning men in 16 cities and the reasons why could make the pay gap less severe
Female New Yorkers in their teens and 20s are earning 2% more than men the same age, according to a…
Juliana Kaplan,Madison Hoff
3 mins read
Democrats want to make the minimum wage $17 an hour and give nearly 28 million workers a raise
Sen. Bernie Sanders is once again calling for a higher federal minimum wage. The current rate has b…
Juliana Kaplan,Eliza Relman
2 mins read
The lowest-paid workers saw their CEOs make 670 times their salaries last year — all while inflation cancelled out their raises
In 2021, some workers' salaries went down thanks to inflation. Meanwhile, some CEOs made 1,000 time…