Income & Output
Income & Output Articles
Even as economic activity around the world declined sharply in 2020 as a result of the COVID-19 pandemic, many nations still reported very high per capita gross national incomes. Across the globe,...
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Globally, the World Bank predicts that the effects of the pandemic will have pushed somewhere between 88 million and 115 million people into extreme poverty some time this year. A number of Americans...
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College graduates tend to earn much higher wages than workers with no more than a high school diploma. The median wage for workers with a bachelor’s degree or higher was over $74,000 in the first...
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It is estimated that over 721 million people worldwide live on $1.90 per day or less — the extreme poverty threshold set by the World Bank. While this is an improvement from years past, that is...
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On a daily basis, we interact with hundreds or thousands of materials that range in complexity from the water we drink to the OLED screens on our smartphones. The development of new materials can be...
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In his first week in office, President Joe Biden signed an executive order ensuring that the U.S. government buys products that were made in America by American workers. Numerous surveys have shown...
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Globally, the World Bank predicts that the effects of the pandemic will have pushed somewhere between 88 million and 115 million people into extreme poverty some time this year. While a number of...
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The American divorce rate is at its lowest level in decades, with just 14.9 out of every 1,000 marriages ending in divorce. Still, over 746,000 married couples decided to split up in the last year....
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In 2020, at a time when many people were looking for a job, scammers were hard at work trying to trick Americans out of their money. Throughout the year, law enforcement reported 4.7 million...
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More than 60% of Americans will spend at least a year of their lives in poverty, according to a recent analysis conducted by a professor of social welfare at Washington University. Since COVID-19...
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Poverty in the United States was falling prior to the pandemic — the share of the population with incomes below the federal poverty rate fell from 13.1% in 2018 to 12.3% in 2019, the most recent...
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The news outlet ProPublica recently revealed that U.S. billionaires pay little or no federal income tax on their immense fortunes, and the details are deeply unnerving to anyone except the most...
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