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Obsessions of Inequality(0)

April 29, 2015

Sarah Burd-Sharps and Kristen Lewis, authors of “Geographies of Opportunity,” provide a state-by-state and congressional district-by-congressional district measurement of “well-being” across the United States. Overall, Virginia fares reasonably well in the report, scoring 11th overall. Well-being is determined by a set of measures for life expectancy, education and median income. But state averages can mask a lot. […]

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Job Market and Wages Continue to be Weak

Slow wage growth is one of the side effects of a weak labor market. Even though the official unemployment rate has fallen to 5.5 percent in the nation in February, the rate that includes people working part time who would rather work full time and the marginally attached is 11.0 percent. With plenty of jobseekers […]

Treasury Report: Federal Fiscal Shortfall is $603,000 per Household

New data from the U.S. Treasury shows that the federal government has amassed $74 trillion in debts, liabilities and unfunded Social Security/Medicare obligations. This amounts to $603,000 for every household in the U.S., a fiscal burden that exceeds 90% of all the private wealth accumulated in the history of America. Each year, the Treasury and […]

What’s The Real Unemployment Rate?

The national unemployment rate continues to improve, but don’t tell that to people who are jobless and looking for work. Many of today’s unemployed, particularly those who are younger, have a more negative view of the labor market. Who’s right? The official jobless rate in the nation peaked at 10 percent in October 2009, three […]

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