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EconomicPolicyInstitute

New data show across-the-board income and wage growth

On Tuesday, the Census Bureau released data that showed impressive (and long-awaited) improvements to household incomes in 2015. EPI analysis of the data shows superb income growth, with black and Hispanic workers seeing the fastest growth. Yet, despite the rise in annual earnings and household incomes in 2015, income inequality continues. EPI also released state-by-state maps that show poverty rates fell in 23 states while income rose in 11 states and the District of Columbia.

EVENTS

How discrimination and rising overall inequality are expanding the black-white wage gap

EPI will host a panel discussion on new research showing that the wage gap between black and white workers was larger in 2015 than in 1979, and that young black women have been the hardest hit since 2000. Join us on September 27 in DC, or watch the livestream.

PREE

EPI’s Valerie Wilson speaks at the CBCF Legislative Conference

On Thursday, EPI’s Valerie Wilson attended the Congressional Black Caucus Foundation’s 46th Annual Legislative Conference. She spoke on Rep. Barbara Lee’s (D-Calif.) panel discussion on the intersection of poverty and racial and economic inequality as well as on Rep. John Conyers’ (D-Mich.) panel on full employment.

IN THE NEWS
Reuters
The New Yorker interviewed Lawrence Mishel about the Census Bureau’s newly released data for income and poverty in 2015. “I have not written anything about the U.S. economy this positive in many years,” said Mishel. | "Good news! We’re as rich as we were in 1998" »
Reuters
The Washington Post also quoted Lawrence Mishel on the Census Bureau’s data. “The highest income growth was in the bottom fifth of workers, which is very welcome news,” he said. | "Middle class incomes had their fastest growth on record last year" »
Reuters
In the New York Times coverage of the Census Bureau’s data, EPI’s Elise Gould explained that “the income of American households in the middle of the distribution last year was still 4.6 percent below its level in 2007.” | "America’s Inequality Problem: Real Income Gains Are Brief and Hard to Find" »
Reuters
In a New York Times column about teacher evaluations, EPI’s Elaine Weiss writes that "eliminating atrocious classroom conditions and providing more support for teachers will make it more likely that educators will be effective.” | "Teacher Evaluations Ignore the Complexity of Schools’ Problems" »
Reuters
CNBC Money cited EPI research on retirement inequality, writing, “The median for all families in the U.S. is just $5,000, and the median for families with some savings is $60,000.” | "Here’s how much the average American family has saved for retirement" »
Reuters
The American Prospect cited EPI’s report on the Overtime Reform and Enhancement Act, noting that if the bill passes, more than 10 million fewer salaried workers would be covered by overtime protection by 2035. | "Centrist Democrats Team Up with Corporate Lobby to Undermine Overtime Rule" »
From the EPI Blog
Elise Gould
What to Watch on Jobs Day: Keeping and eye on the teacher jobs gap
Josh Bivens
The Fed’s current path might be leaving lots of money on the table unnecessarily
Elaine Weiss and Emma García
Exploring the effects of student absenteeism
Hunter Blair
Data continues to show little evidence that tax cuts are trickling down to typical workers, and now House Republicans want a do-over
Lawrence Mishel
Further evidence that the tax cuts have not led to widespread bonuses, wage or compensation growth
Valerie Wilson
Digging into the 2017 ACS: Improved income growth for Native Americans, but lots of variation in the pace of recovery for different Asian ethnic groups
David Cooper and Julia Wolfe
Poverty declined in most states in 2017
Julia Wolfe and David Cooper
Household incomes in 2017 stayed on existing trends in most states; incomes in 21 states are still below their pre-recession levels
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