Forbes contributors publish independent expert analyses and insights. Christian Weller is an economist focused on retirement inequality. The Federal Reserve recently released new household data in two ...
Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.
If every hour of those chores were worth $17, the typical wage for a housekeeper, that unpaid work would be worth roughly $39 ...
Let’s face it — 2025 was an economically tumultuous year for America. The constant threat of tariffs, government restructuring and a shutdown, as well as a sluggish job market, all contributed to a ...
Changes in overall economic conditions may affect real household income levels and also how income is distributed across households. Analysis using annual data from 1967 to 2023 shows that the adverse ...
The federal government just released its calculations of personal income and the area’s gross domestic product, measures that are key to tracking economic progress. One variant in particular, per ...
To explore how public sentiment can influence minimum wage policies, we zoomed in on protests as a signal of public opinion across the US. We analysed data from over 130,000 protests across US ...
This paper was presented at the First Conference of the Americas, held by the Organization of American States in Washington on 6 March 1998. Great social inequality has long been a frustrating feature ...