Most of them would receive greater pay that might improve their family’s income, and some of these households would see their income rise above the federal poverty threshold. But some jobs for low-wage workers would most likely be eradicated, the income of most employees who became jobless would fall substantially, and the share of low-wage […]
Tag: academics
Mcps, Academics Union Comply With Modest Enhance In Substitute Pay
From 1970 to 2018, the share of aggregate income going to middle-class households fell from 62% to 43%. Over the same interval, the share held by upper-income households elevated from 29% to 48%. The share flowing to lower-income households inched down from 10% in 1970 to 9% in 2018. The decline within the middle-class share […]