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Poorest Areas Have Missed Out on Boons of Recovery

Nelson D. Schwartz New York Times
While some communities are currently enjoying the fruits of the recovery, others have sunk further into poverty. According to the authors, this pattern of distress vs. prosperity not only “diverges between cities and states but even more starkly within cities at the neighborhood level." In the period of recovery following the Great Recession, the authors find, jobs in the median U.S. ZIP code grew at less than half the national rate.

Tidbits - August 14, 2014

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labor

Hiring Picks Up, But Wages Not Keeping Pace

Ylan Q. Mui The Washington Post
The lack of wage growth is one reason why many consumers feel that the broader economic recovery hasn’t reached their wallets. The problem has divided academics and fueled political debate on Capitol Hill and across the country, turning an increase in the minimum wage, for example, into a central issue in the midterm elections.

The Recovery

Heidi Shierholz EPI
Four Years Into the Recovery and We’re Just a Fifth of the Way Out of the Hole Left by the Great Recession

Tidbits - June 13, 2013

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