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February 12, 2024
…calculating the percent change in median income from each generation to the next. The goal: to gauge economic mobility by determining whether each generation as a whole has surpassed the…
January 9, 2024
…stay, in Fed-speak, “at or near full employment.” Even so, there were important divergences in employment trends within the overall civilian workforce. As an aging Western society, America’s civilian 55+…
November 30, 2023
…This relative measure adjusts yearly thresholds in line with median income changes. “The dramatic reduction in poverty by 2019 based on President Johnson’s absolute 1960s standards suggests that policymakers might…
October 5, 2023
…at least $40,000 in 2022. Not too different from American Compass. Incidentally, the median female worker in this group earned $45,000. American Compass has selected an initial criterion for job…
September 12, 2023
…the 19th-century British historian and politician, Thomas Babington Macaulay: “On what principle is it that with nothing but improvement behind us, we are to expect nothing but deterioration before us?”…