A taxonomy of how we talk about class and wealth in the United States today Last week, President Obama went on the road promoting an economic agenda for the middle class. As expected, John Boehner and
A big takeaway from last week’s US jobs report was that the labor participation rate fell in July. The decline hints that people who don’t find the job market favorable just stop actively looking for which
It’s August, and Americans by the millions are cramming themselves into coach-class seats as they embark on their summer vacations. Those able to learn from adversity might ponder this: Airline seating
(Reuters) - JPMorgan Chase & Co, the biggest U.S. bank by assets, said on Wednesday that it faces a criminal probe by the U.S. Department of Justice over sales of mortgage-backed securities and that civil
A sign outside Cisco Systems headquarters in San Jose, Calif. (AP Photo/Paul Sakuma) (Paul Sakuma) Widening class disparities in San Jose generated a powerful political response: A higher minimum wage
If there’s one issue on which both the left and right agree, it is the crisis of declining mobility. The American dream at its core is that a person, no matter his or her background, can make it here.
New research shows upward mobility is higher in denser cities Rumors of the American Dream's demise have been greatly exaggerated -- at least in parts of America. That's the message of a new study that
There are a few broad trends in the U.S. economy getting lots of attention lately. The job market appears to be increasingly polarized, with high-paid and low-paid occupations growing quickly, while middle-class
The Annual Census Bureau report released today shows no meaningful changes in poverty, earnings, or median household income. This is because between 2011 and 2012 the unemployment rate fell only slightly
When UPS told workers that it would no longer offer health coverage for spouses who had their own job-based insurance, it caused a big stir. But the shipping giant has plenty of company. So many employers
Business News After years of struggling just to make ends meet, many Americans who describe themselves as middle class say they feel like they are barely hanging on, rather than getting ahead. That’s surprise,
When I was growing up, it was assumed that America’s shared prosperity was the natural endpoint of our economy’s development, that capitalism had produced the workers paradise to which Communism unsuccessfully
Obamacare officially opened for enrollment at 8:17 a.m. this past Tuesday, despite glitches in the system and a government shutdown. Two years ago, in October 2011, Blogger Miss M. Turner accidentally
By Conor Dougherty Conor Dougherty The Wall Street Journal Biography Conor.Dougherty@wsj.com If you’re in the middle class and want to buy a home here’s a piece of advice: Move to Ohio (if you’re not there).
Forget pushing retirement off a few years. A growing number of Americans believe they’ll be working until death. An alarming 37% of middle class Americans believe they’ll work until they’re too sick or
Are Americans dumb? This is a question that has been debated by philosophers, begrudging foreigners and late night TV talk show hosts for decades. Anyone who has ever watched the Tonight Show's "Jaywalking"