Income and wages

A good definition of the middle class is people and families that rely almost exclusively on the wages and benefits they earn on the job. They don’t have income from owning stocks or other financial assets and don’t receive much “transfer income” from the government. EPI research plays an invaluable role in the debate over the state of American wages and incomes by contrasting the policies that inhibit wage and income growth—such as making it harder for workers to organize and bargain collectively—with those that foster growth, such as increasing the minimum wage and reducing unemployment through stimulating economic demand.