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Blinder and Watson estimated that the S&P 500 returned 8.4% annually on average under Democrats versus 2.7% under Republicans, a difference of 5.7% percentage points. This computation used the average value in last year of the president's term, minus the average value in last year of previous term. [1]
As a result, the wage growth gap depending on the education levels has widened than years past. [26] The unequal wage growth gap is also identified in race since the real wage growth of Caucasian males are the highest compared to any races of men or women. [23] In contrast, African-American workers have been experiencing the smallest wage ...
Income inequality has fluctuated considerably in the United States since measurements began around 1915, moving in an arc between peaks in the 1920s and 2000s, with a 30-year period of relatively lower inequality between 1950 and 1980. The U.S. has the highest level of income inequality among its (post-)industrialized peers. [1]
Surprise: Wage growth has actually outpaced the crushing inflation over the past 2.5 years. ‘The economy appears to be doing better than a lot of people might realize’
" The growth is 0.2% percentage points higher than the average annual real wage growth in the 10 years ... to determine the change in the share of household spending over the last few years and ...
April's employment gains were below the 242,000 monthly average for the past year. The healthcare sector continued to lead job growth, adding 56,000 positions, spread across ambulatory healthcare ...
The slowdown in economic activity led to the recession of 1953, bringing an end to nearly four years of expansion. May 1954– Aug 1957 39 +2.5% +4.0%: Expansion resumed following a return to growth in May 1954. Employment and GDP growth slowed relative to the previous two expansions. April 1958– April 1960 24 +3.6% +5.6%
Wages are expected to have risen 0.3% on a monthly basis in September, up from 0.2% in the month prior. On a yearly basis, economists project 4.3% yearly wage growth unchanged from August. Josh is ...