Articles About Incomes

Recent college graduates can expect to earn 10 percent less than they did as long ago as 2000.  In fact, one of the longest-lasting legacies of the great recession may be its negative impact on the lifetime careers of young graduates.  The current high unemployment rate will leave many of them a step behind throughout […]

The American economy expanded at a snail’s pace of just 1.3 percent in the 2nd quarter, according to a report from the Department of Commerce. Growth in the first three months of 2011 was reduced to 0.4 percent from an earlier reading of 1.9 percent. “Today’s first look at GDP in the 2nd quarter confirms […]

With the U.S. unemployment rate rising to 9.8 percent in November,  the Department of Labor is concerned that economic recovery isn’t progressing as quickly as it would prefer.  For the 19th consecutive month, unemployment has stayed above nine percent — the longest streak on record, beating out previous highs in the 1980s.   Despite optimistic predictions […]