The Trump Economy in One Chart
Trump’s economic agenda has been relentlessly aimed at helping big corporations, the wealthy, and Trump himself at the expense of the rest of us—and it’s succeeding wildly. New numbers show that for Americans, real wages are stagnant and even declining because consumer prices (costs for everyday spending) are rising. Americans are losing purchasing power: average hourly earnings … Continued
New Study Finds Local Minimum Wage Increases are Good for Workers and Don’t Affect Employment
Study Backs Coalition Efforts to Increase the Living Wage in Colorado Denver, CO – Today, the Center on Wage and Employment (CWED) at UC Berkley released a new study showing that local minimum wage increases have had a positive effect on worker wages and did not result in job reductions. The study, entitled “The New Wave of Local Minimum Wage Policies: Evidence from Six Cities,” was conducted in Chicago, the District of Columbia, Oakland, San Francisco, … Continued
In the Face of Supposed Prosperity, Wages Actually Going Down
It might seem like the Colorado economy is thriving because of low unemployment, but the economy is still failing to benefit all Coloradans. Despite the narrative of economic prosperity, most Colorado workers continue to face economic hardships because their median hourly wages have hardly changed in years despite rapidly increasing rents and costs of living. … Continued