Five reasons why your paycheck is too small: An economic news round-up

September 13th, 2013 | Aaron Keating

Photo: Tax Credits via Flickr

Photo: Tax Credits via Flickr

Reason #5: U.S. trade and economic policies are creating more low-wage and high-wage jobs, while hollowing out the job market for middle-class jobs. (Washington Post)

Reason #4: You aren’t a guy – and you live in Seattle. Overall, women are paid 77 cents for every dollar paid to men, amounting to a yearly wage gap of $11,084 between full-time working men and women. Seattle has the largest wage gap among the 50 most populous metro areas in the U.S. – 73 cents for every dollar paid to men. (National Partnership for Women and Families)

Reason #3: Your state hasn’t been investing enough on public education. Higher-wage states have one thing in common: They have a well-educated work force. (Washington Post)

Reason #2: You’re more productive than ever – but you aren’t being rewarded for it. (Washington Post) If your pay had increased along with productivity, here’s how much more you’d be making right now. (Economic Policy Institute)

Reason #1: You aren’t in the top 1%. 95% of the post-recession economic gains have gone to the tippity-top of the income ladder (Slate) which is why thirty-five states still have fewer jobs than they did pre-recession. (Center for Economic and Policy Research)

 

 

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Posted in State Economy

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