A new report from the Economic Policy Institute reveals a stark disparity between the hourly pay of blacks and whites; on average, whites make 26.7 percent more than blacks, earning $25.22 an hour compared with $18.49 for blacks. Amazingly, blacks today earn less relative to their white counterparts than they did in 1979.
By Jim Puzzanghera and Don Lee, Los Angeles Times The nation’s poverty rate dropped last year for the first time since 2006, but the typical household income barely budged in a sign of the continuing sluggish economic recovery from the Great Recession, the Census Bureau said Tuesday. The decline in the poverty rate to 14.5 […]
A new report from the Economic Policy Institute, released Tuesday, highlights the increasingly prevalent and disparate effects of wage inequality. With a focus on same-gender wage gaps, the report demonstrates that income inequality affects all Americans, and reminds us that the implications and scope of the widening wage gap are not limited only to the poorest […]
By Kathleen Hennessey, Tribune Washington Bureau WASHINGTON — President Barack Obama used his executive power and a hot-button issue to try to stoke support from a key election-year constituency on Tuesday, as he issued two directives aimed at ensuring federal contractors pay women as much as men for equal work. Surrounding himself with female supporters at […]