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By Karen Dolan — It’s been a difficult few years for poor people in this country. Just a year after the pandemic era safety net expansion saw poverty fall to its lowest level on record, we saw a historic 60 percent increase as those programs expired. Women and children have been among the hardest hit. […]
By Ben Zipperer, Working Economics Blog, Economic Policy Institute After the longest period in history without an increase, the federal minimum wage today is worth 21% less than 12 years ago — and 34% less than in 1968. Saturday marked 12 years since the last federal minimum wage increase on July 24, 2009, the longest […]
Continue reading …By JIM HIGHTOWER— At last, some excellent economic news for folks long-mired in the stagnant labor market. “Jobs Spring Back,” exclaimed a typical headline on recent reports that 165,000 private-sector jobs were added in April. Wow — the thunderous, three-year boom of prosperity that has rained riches on Wall Street is finally beginning to shower on […]
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