There are lots of low income and high income jobs, but fewer and fewer middle class — and training more workers to fill nonexistant opportunities isn’t helping.
US labor market tightens, wages grow moderately, Fed says (via CNBC)
Labor markets tightened across the U.S. as businesses struggled to find workers at any skill level and wages generally grew moderately.
~~ https://www.cnbc.com/2019/01/16/us-labor-market-tightens-wages-grow-moderately-fed-says.html
Where exactly does the GOP draw the line on white supremacy? (via latimes.com)
Republicans are climbing over themselves this week to punish Rep. Steve King, the Iowa Republican who has made a career out of being hostile to non-white immigrants. What changed?
~~ https://www.latimes.com/opinion/enterthefray/la-ol-steve-king-20190116-story.html
To make companies moral, make the employees the owners (via Fast Company)
Having stockholders can offer confusing incentives for business owners with a mission; but not if those stockholders are employees who believe in the mission, too.
The Government Shutdown Reveals a Brutal Truth About Life That Few People Are Willing to Admit (via Inc.com)
One that has almost nothing to do with politics, yet everything to do with your future.
Feeling poorer? That’s because “real” wages fell last year (via www.cbsnews.com)
Although the U.S. economy remains “solid,” Americans aren’t benefiting as pay struggles to keep up with inflation
~~ https://www.cbsnews.com/news/feeling-poorer-thats-because-real-wages-fell-last-year/
The No. 1 reason you’re still broke even if you received a pay raise last year (via MarketWatch)
Latest findings by PayScale on wages run counter to the latest Bureau of Labor Statistics data.
Median income insufficient to buy a home — even cheap ones, Zillow reports (via Orange County Register)
The typical first-time buyer in the L.A.-Orange County area had a median income of $90,000 a year, or $30,000 more than non-buyers.
One in five UK baby boomers are millionaires (via Financial Times)
Younger households have seen their proportion of the UK’s household wealth fall over the same period. Generation X, defined as those aged between 35 and 44, suffered a 5 percentage point fall, while millennials, defined as those aged 25 to 34, experienced a 2 percentage point fall.
~~ https://www.ft.com/content/c69b49de-1368-11e9-a581-4ff78404524e
Beto O’Rourke is the new Obama. And that’s the last thing we need | David Sirota (via the Guardian)
Betomania may have befallen Washington ELITES, but replicating an Obama presidency would be a tragedy
