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Researchers at the Washington-based nonprofit said the study is the first direct comparison of women in their prime working years, about age 40, with their counterparts a generation ago. Women today work 10 hours more per week and earn $9 more per
I don't worry about whether profit margins are too high or if earnings are about to fall...And even when they do become problems, they are short-term problems. I worry about problems that can cause permanent damage to businesses and the economy. They'
Earlier this month, a group of economists released the results of a massive study looking at the economic prospects of people from across the United States...Concept art for Blade Runner by Syd Mead This study debunks a few myths about the United
The research tells us, by county, whether Americans born in the 1970s and 1980s have been able to surpass their parents in income, and by how much. In Minnesota, the answer is yes, children generally are doing modestly better than their parents. A
When the president declared in his State of the Union address that social mobility has stalled and our job is to reverse these trends, he overlooked six major findings from two equal-economic-opportunity studies recently released by Harvard economist
A major new study of income mobility nationwide asks, Where is the land of opportunity? One great answer is the area around Marshall in southwestern Minnesota. The rate at which kids born there move from the bottom 20 percent of household income into
In his State of the Union address Tuesday night, President Obama will try to recharge his presidency by discussing the expansive divide between rich and poor in America...Obama is expected to focus on the twin themes of income inequality and social
A new study finds that contrary to widespread belief, it's no harder to climb the economic ladder in the United States today than it was 20 years ago. But the study did find that moving up that ladder is still a lot more difficult in the U.S. than in
The big news in the policy world on Thursday was the release of a new paper by Harvard economist Raj Chetty and four other authors on economic mobility. The study found that, contrary to popular belief, economic mobility has remained stable over the
ET The odds of a child moving up the economic ladder have remained about the same for the past three decades, according to a comprehensive new study that contradicts the narrative in Washington that economic mobility has declined in recent years.