For Immediate Release: Monday, September 17, 2012
Contact: Phoebe Silag or Donte Donald, firstname.lastname@example.org 202-775-8810
EPI to hold briefing on “The State of Working America, 12th Edition” at National Press Club on Wednesday
On Wednesday, September 19, 2012, economists Josh Bivens, Elise Gould, Lawrence Mishel and Heidi Shierholz will present the key findings of their new book, “The State of Working America, 12th Edition,” at an event at the National Press Club. “The State of Working America, 12th Edition” provides comprehensive, data-based answers to the question, “How well has the economy worked for American families?” The short answer: “Not well at all.”
The typical American family has added hundreds of extra hours of work each year, while also earning better education credentials, yet is still struggling to keep up. The reason is that inequality, driven by economic policy choices, has undercut low- and middle-income workers over the past three decades. Incomes for the middle-fifth of American households—the heart of the middle class—would have been an average of $19,000 higher per year by 2007 if the share of growth claimed by the richest households had not grown so much over the past 30 years. Likewise, wealth for the typical American family would have been $62,000 higher in 2010.
EPI released “The State of Working America, 12th Edition” on September 11, 2012.
When: Wednesday, September 19, 2012, 1:45 p.m. to 3:00 p.m.
Where: National Press Club, First Amendment Lounge
529 14th Street NW, 13th Floor
Washington, D.C. 20045