Econ Comments & Analysis
Bloomberg | More Jobs Are the Antidote to Inequality
There are two different trends visible in data on income inequality: the stagnating -- at times, declining -- wages of working-class families on one hand, and the awesome spike in the incomes of the top 1 percent on the other.
MarketWatch | The real cost of raising the minimum wage
More low-skill Americans would be out of work. People would buy less of the higher-priced services. Supersizing a wage is not as simple as supersizing a hamburger.
Blogs
WSJ: Real Time Economics | Without Unemployment Extension, Which States Would Be Hit Hardest?
About 1.37 million people nationwide received emergency unemployment compensation at the end of November. That program, which provides an average of $300 a week in benefits to unemployed people once they exhaust their state benefits, is set to expire Dec. 28.
