How Wage Stagnation Contributes to a Lackluster National Economy

Wage stagnation—a major contributor to income inequality in the U.S.—is a particular problem for workers at the middle and lower end of the wage scale. While the wages of workers in high-wage jobs has continued to grow in recent decades, the wages of low- and...

2015 Earnings Finally Surpass Pre-Great Recession Levels

Median earnings among Americans have finally exceeded pre-Great Recession levels, according to 2015 data from the U.S. Census Bureau’s 2016 Current Population Survey (CPS), thanks to strong growth from 2014 to 2015. Growth in earnings was a major contributor to the...

Racial Income Gap Persists Despite 2015 Income Growth

Median household income in Minnesota grew significantly from 2014 to 2015, based on Census Bureau American Community Survey (ACS) data summarized in part two of this series. Growth among minority groups was particularly strong, although this fact by itself does not...

Minnesota’s Working Poor Still Hurting

About a quarter of a million Minnesota workers had cause to celebrate earlier this week, as the state’s minimum wage increased. However, millions of workers in Minnesotans and other states are still stuck in low wage jobs that do not adequately compensate them for the...

Fiscal Policy Doesn’t Explain Below Average Employment Growth

Minnesota has lagged modestly behind the national average in terms of employment growth during the 21st century. However, there is no reason to blame Minnesota’s sub-par employment growth upon progressive fiscal policy. Rather, the state’s below average job growth is...

The Economic Case for Reducing Income Inequality

The trend in declining wages and increased income inequality has been well documented, most recently in a July 18 North Star article. Concern over these trends goes beyond the gut level response to the impropriety of concentrating a larger and larger share of societal...