Income & Output
Income & Output Articles
When it comes to personal finance, what it means to be “rich” is relative. Ask the 73.3 million minimum wage workers in the U.S. the income level they consider rich, and then pose the same...
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Women in the workforce earned about 84% of what men earned in 2020, according to a Pew Research analysis of full- and part-time workers. While the gender pay gap has remained steady for the last few...
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Arguably the most iconic fast food item of all time, McDonald’s has had the Big Mac on its menu since 1968. During the commercials of the 1970s, company marketing recited the burger’s...
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Public employee pension systems are some of the largest financial liabilities on state government balance sheets. The 50 states have over $4.5 trillion in cumulative pension liabilities combined,...
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Thanks to inflation, the average cost of a Thanksgiving dinner for a family of 10 in the United States will go up 20.2% this year. Families nationwide are trimming back on expenses to combat the...
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Thanksgiving dinner is in just a few days, and while many Americans have cut back on their spending recently due to inflation, they might still splurge a bit for the holiday. This means budgets...
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Businesses have been hit with a continuous stream of challenges since the beginning of the COVID-19 pandemic. While life has mostly returned to some semblance of normalcy, many U.S. businesses are...
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Measuring a society’s level of prosperity is not only about gauging economic factors like gross domestic product or median household income, but also about other aspects that impact the quality of...
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The consumer price index rose by 7.7% in October compared to the same month last year, according to the latest release from the Bureau of Labor Statistics. This was considered good news as for the...
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What would morning breakfast be without the sound and taste of crispy and salty bacon combined with the yellow richness of eggs? It’s a mainstay on diner menus, whether served as a dish or as a...
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Inflation has been surging to multi-decade highs in the U,S. According to the congressional Joint Economic Committee, prices climbed by 13.3% between January 2021 and July 2022, resulting in a $717...
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Amid surging inflation, the vast majority of Americans have less buying power now than they did a year ago. Though private sector wages increased by 5.2% over the past year, those gains have been...
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Incomes are on the rise for American workers. According to the latest data from the Bureau of Labor Statistics, wages and salaries in the private sector rose by 5.2% annually in the third quarter....
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There has been a longstanding digital divide in the United States, and its implications are only growing more profound with each passing year. As the world becomes increasingly digitized, many...
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Americans who hoped inflation would begin to ease got bad news when the Bureau of Labor Statistics released the September consumer price index. Prices nationwide of goods and services rose 0.4% from...
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