The State of Working America is EPI’s authoritative analysis of the economic conditions of America’s workers. Visit StateofWorkingAmerica.org for up-to-date numbers on the economy, updated when new data are released.
Aug. 29: Unions, inequality, and faltering middle-class wages
Union coverage rate in the United States, 1973–2011Source: Author's analysis of Hirsch and Macpherson (2003) and updates from the Union Membership and Coverage Database |
- “Union membership down, income inequality up,” by Tami Luhby, CNN Money’s Economy Blog, Aug. 30
- “Decline in unions weakened overall wages,” by Diane Stafford, Kansas City Star, Aug. 29
July 24: U.S. poverty rates higher, safety net weaker than in peer countries
Child poverty rate in selected developed countries, 2009Note: The child poverty rate is the share of children living in households with income below half of household-size-adjusted median income. Source: Adamson (2012, Figure 1b) |
- “U.S. poverty on track to rise to highest since 1960s,” by Hope Yen, The Associated Press via Salon.com, July 22
- “This Week in Poverty: TANF, VAWA and Playing Politics with the Lives of Low-Income People,” by Greg Kaufman, The Nation, July 27
- “Poverty in America: Why Can’t We End It?” by Peter Edelman, New York Times, July 28
May 24: Labor force participation: Cyclical versus structural changes since the start of the Great Recession
- “Study: Baby-boomer retirements don’t explain unemployment figures,” by Ian Swanson, The Hill, May 24
- “Jobless rate hits 8.2%. ‘Missing workers’ make the situation look better than it is,” by Meteor Blades, Daily Kos, June 1
- “Core 25-54 Employment Rates Still Near Historic Lows,” by David Hogberg, Investor’s Business Daily, June 1
May 2: CEO pay and the top 1%: How executive compensation and financial-sector pay have fueled income inequality
CEO-to-worker compensation ratio, with options granted and options realized,1965–2011Note: "Options granted" compensation series includes salary, bonus, restricted stock grants, options granted, and long-term incentive payouts for CEOs at the top 350 firms ranked by sales. "Options exercised" compensation series includes salary, bonus, restricted stock grants, options exercised, and long-term incentive payouts for CEOs at the top 350 firms ranked by sales. Sources: Authors' analysis of data from Compustat ExecuComp database, Bureau of Labor Statistics Current Employment Statistics program, and Bureau of Economic Analysis National Income and Product Accounts Tables |
- “U.S. CEO’s pay 231 times higher than that of average workers,” by Marla Dickerson, Los Angeles Times, May 2
- The Ed Show, with Ed Schulz, MSNBC, May 2
- “Former Bain honcho says economic inequality is OK,” by Eve Tahmincioglu, MSNBC.com, May 2
- “CEO Pay Increased 127 Times Faster Than Worker Compensation Over Last 30 Years: Study,” by Ashley Portero, International Business Times, May 5
- “CEO pay transparency would make CEO pay too transparent, companies say,” Huffington Post, June 27
April 26: The wedges between productivity and median compensation growth
The fastest growing industries post-pandemic are financials, ‘education and health’, and ‘trade, transportation, and utilities’, far outpacing national growth in these industries: Industry growth in South Carolina and the US, 2019-2024
South Carolina
United States
Financial
18.9%
5.7%
Education and health
15.9%
9.2%
Trade, transportation, and utilities
10.1%
5.0%
Professional business services
9.2%
7.4%
Total nonfarm
8.6%
5.2%
Construction
8.1%
9.9%
Leisure and hospitality
7.8%
2.4%
Manufacturing
4.3%
1.0%
State & local government
1.3%
3.0%
- “The Three Wedges That Separate Workers From Their Pay,” by Peter Coy, Bloomberg Businessweek, April 27
- “Where The Productivity Went,” by Paul Krugman, New York Times, April 28
- “Where Did All The Productivity Gains Go?” by Matt Yglesias, Slate, May 1
- “40 Years Of Workers Left Behind,” by Brian Beutler, Talking Points Memo, May 2
March 7: Entry-level workers’ wages fell in lost decade
Entry-level wages of male and female college graduates |
- “Young Adults See Their Pay Decline,” by James R. Hagerty, Wall Street Journal, March 6
- “College degree not worth what it was,” by Tami Luhby, CNN Money, March 7
- “Paychecks for young adults getting slimmer,” by Eve Tahmincioglu, MSNBC.com, March 7
Other media outlets and blogs that have covered the data include BBC News, Forbes, Gawker, Huffington Post, In These Times, MarketPlace Radio, National Journal, Politico, Reuters, Village Voice, and the Washington Post.