Chart of the Month

https://www.nytimes.com/2018/08/05/business/bankruptcy-older-americans.html
https://www.bloomberg.com/view/articles/2018-07-30/republicans-are-boosting-u-s-economic-growth

Reasons For Not Working

Source: What Is Wrong With Labor Market Metrics? Econintersect, 7/18

Labor’s Declining Share

Workers’ paychecks account for much less of the nation’s total income since the last recession, and the profits of businesses account for more.

Source: Paychecks Lag as Profits Soar, Cohen, NY Times, 7/13/18

The Fading American Dream: Percent of Children Earning More than their Parents, by Year of Birth

 

Source: If the economy is so great, why are 78 million hustling for dimes? Nutting, Marketwatch, 6/18

Black Jobless Rate Drops, but It’s Still Twice That of Whites, & Casselman, NYT 2/18

Where Did Your Pay Raise Go? It May Have Become a Bonus “Since the late 1980s, an increasing share of companies’ payrolls has gone toward one-time bonuses and awards, while the share devoted to salary increases has fallen…”Cohen, NYT Business, 1/11/18

Source: https://www.bloomberg.com/news/articles/2018-01-12/where-s-mine-workers-wonder-if-trump-tax-cut-will-trickle-down

United States leads Europe in income inequality:
Share of national income for the top 10 percent in United State and Europe

“…rising income inequality is not inevitable. It is attributable at least in part to deliberate policy decisions that have increased the incomes of the rich.” http://equitablegrowth.org/equitablog/value-added/new-worldwide-report-on-inequality-shows-how-the-united-states-compares/

 

The Productivity–Pay Gap

 

 

The Physical Demands Of The U.S. Workplace | Statista

http://econintersect.com/pages/contributors/contributor.php?post=201709282213

LFP 25-54, industrial OECD

Source: NYT, Porter 9/19/17

Source: http://www.marketwatch.com/story/where-working-class-families-can-kiss-goodbye-to-the-american-dream-2017-08-31 

Even after transfers, very little growth for US bottom 50% since 1980. In fact, 0 growth for working-age bottom 50%  Source, Zucman, from Equitable Growth

Source: http://www.zerohedge.com/news/2017-09-01/why-were-doomed

Source: from Zucman, https://twitter.com/gabriel_zucman/status/879777349549441025

Monthly swings in income can vary widely depending on how much you make.

Source: https://www.nytimes.com/2017/05/31/business/economy/volatile-income-economy-jobs.html based on The JPMorgan Chase Institute

Labor share includes executives’ bonuses

https://www.nytimes.com/2017/03/08/business/economy/labor-share-economic-output.html

Financial Times, The huge disparities in US life expectancy in five charts, 1/17

http://www.nytimes.com/interactive/2016/12/16/business/economy/nine-new-findings-about-income-inequality-piketty.html

https://www.technologyreview.com/s/601499/basic-income-a-sellout-of-the-american-dream/

Source: http://www.epi.org/publication/corporate-tax-chartbook-how-corporations-rig-the-rules-to-dodge-the-taxes-they-owe/

Median Annual Earnings in the United States | Graphiq [no longer available]

Source: https://www.washingtonpost.com/news/wonk/wp/2016/09/13/the-middle-class-and-the-poor-just-had-the-best-year-since-the-end-of-the-great-recession/

http://www.nakedcapitalism.com/wp-content/uploads/2016/05/mmt_postcard_final-e1401342019907.png

Source: http://www.nakedcapitalism.com/wp-content/uploads/2016/05/mmt_postcard_final-e1401342019907.png
milinequal
Source: http://phys.org/news/2016-08-america-wars-uneven-toll.html
coljobs
Source: https://www.newyorkfed.org/research/college-labor-market/college-labor-market_underemployment_jobtypes.html
https://www.cbo.gov/sites/default/files/images/pubs-images/51846-coverlarge-figure.png
Holdings of Family Wealth
Source: https://www.cbo.gov/sites/default/files/images/pubs-images/51846-coverlarge-figure.png


Source: http://www.epi.org/blog/worst-recovery-in-post-war-era-largely-explained-by-cuts-in-government-spending/Source: Milanovic, B., Lead Economist, World Bank Research Department, Global income inequality by the numbers.

http://qz.com/691609/heres-one-really-obvious-way-to-boost-the-us-economy/
Growth of Jobs vs Working Age Population
https://fabiusmaximus.com/2016/05/16/debunking-the-happy-headlines-about-job-growth-96654/

Source: http://www.bloomberg.com/politics/articles/2016-04-11/wall-street-wages-double-in-25-years-as-everyone-else-s-languish

http://blogs.wsj.com/economics/2015/11/19/why-it-matters-that-new-businesses-are-creating-jobs-more-slowly-than-a-decade-ago/