Income Inequality: Difference between revisions
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[https://www.pbs.org/newshour/economy/why-economists-say-falling-inflation-isnt-enough-to-relieve-stress-about-the-u-s-economy by Christopher Rugaber 20/11/23 PBS NEWS] | [https://www.pbs.org/newshour/economy/why-economists-say-falling-inflation-isnt-enough-to-relieve-stress-about-the-u-s-economy by Christopher Rugaber 20/11/23 PBS NEWS] | ||
Last week, the government reported that consumer prices didn’t rise at all from September to October, the latest sign that inflation is steadily cooling from the heights of last year. A separate report showed that while Americans slowed their retail purchases in October from the previous month’s brisk pace, they’re still spending enough to drive economic growth. | Last week, the government reported that consumer prices didn’t rise at all from September to October, the latest sign that inflation is steadily cooling from the heights of last year. A separate report showed that while Americans slowed their retail purchases in October from the previous month’s brisk pace, they’re still spending enough to drive economic growth. | ||
=====Amid systemic inequality, U.S. salaries recover even as jobs haven’t===== | |||
[https://www.pbs.org/newshour/economy/a-sign-of-stubborn-inequality-u-s-salaries-recover-even-as-jobs-havent by Christopher Rugaber 12/2/21 PBS NEWS] | |||
WASHINGTON (AP) — In a stark sign of the economic inequality that has marked the pandemic recession and recovery, Americans as a whole are now earning the same amount in wages and salaries that they did before the virus struck — even with nearly 9 million fewer people working. | |||
