Latest Income distribution Stories
WASHINGTON, April 9, 2013 /PRNewswire-USNewswire/ -- According to new analysis by the Institute for Women's Policy Research (IWPR), women earn less than men in nearly all of the 114 most common occupations. Women's wages are lower than men's even in occupations dominated by men and women have the worst earnings compared to men in sales occupations, such as insurance and retail sales. Occupations dominated by women provide lower earnings: Four of the ten most common occupations for...
Reece Freeman, of ChooseWhat.com, introduces why a "Living Wage" makes more sense than "Minimum Wage" for small businesses after President Obama's call to raise the minimum wage to $9 an hour. Austin, TX (PRWEB) March 19, 2013 At this year’s State of the Union address, President Obama laid out a series of plans for the first year of his second term. One of the most controversial ideas introduced was the plan to raise the minimum wage from $7.25 to $9.00 per hour...
Public says health care bill hasn't lowered costs, opposes New York City soda ban, puts Hillary Clinton far ahead of 2016 contenders and is split on what raising the minimum wage would mean for jobs LOS ANGELES, March 1, 2013 /PRNewswire-USNewswire/ -- A majority of Americans, 57 percent, believe it is unconstitutional for the president of the United States to order the killing of American citizens who are suspected of being terrorists, a new Reason-Rupe poll finds. Even more, 59...
Moving from a high-poverty to lower-poverty neighborhood spurs long-term gains in the physical and mental health of low-income adults, as well as a substantial increase in their happiness, despite not improving economic self-sufficiency, according to a new study published in the Sept. 20 issue of Science by researchers at the University of Chicago and partners at other institutions. Although moving into less disadvantaged neighborhoods did not raise incomes for the families that moved,...
New research from North Carolina State University shows that informal social networks play an important role when it comes to finding jobs in both the United States and Germany, but those networks are significantly more important for high-paying jobs in the United States – which may contribute to economic inequality. “It is interesting to note that the open market system in the United States, with minimal labor regulations, actually sees people benefiting more from patronage –...
Michael Harper for RedOrbit.com The age-old struggle between classes may be even older than we thought, according to a new study carried out by archaeologists from the Universities of Bristol, Cardiff and Oxford. According to their research, hereditary inequality may have begun as early as 7,000 years ago in the Neolithic era. The archeologists found evidence showing farmers who were buried with tools were also buried in better land than those farmers without. The research was...
First Ever Analysis of State Level Economic Mobility WASHINGTON, May 10, 2012 /PRNewswire-USNewswire/ -- Economic Mobility of the States, released today by Pew's Economic Mobility Project, is the first time research has identified where in the country Americans are more likely to move up or down the earnings ladder. Eight states, primarily in the Mideast and New England regions, have higher upward and lower downward mobility than the nation as a whole, while states in the South...
A clearer link is established "Money, it's a gas," says the sixties rock group Pink Floyd in their song "Money." Indeed, physics professor Victor Yakovenko is an expert in statistical physics and studies how the flow of money and the distribution of incomes in American society resemble the flow of energy between molecules in a gas. In his lectures to be delivered on April 19 at New York University and April 20 at the New School for Social Research, Yakovenko will bring his...
The study –conducted at the University of Granada– has also demonstrated that having a high level of education and a job are also protective against diseases. The per capita income and per capita welfare of the region of residence are protective factors against diseases. People with a high socioeconomic level have been demonstrated to have better health than the rest of people. Other protective factors against chronic diseases are having higher education, having a job, and the per...
Low-income teens living in areas of high inequality are more likely to have a baby rather than investing in their own economic progress New research reveals the surprising economics behind the high U.S. teen birth rates, and why Texas teens are giving birth at triple the rate of Massachusetts youth: high income inequality and low opportunity cost. For the first time, Wellesley College economist Phillip B. Levine and University of Maryland economist Melissa Schettini Kearney conducted a...
