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Income

COVID-19

Household debt up 4% in the first quarter

by Justin Ho
Jun 12, 2020
About 1 in 6 households reports having more debt now than before the COVID-19 crisis.
David McNew/Getty Images
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Economic Anxiety Index®

People across most income groups are more anxious about the economy during COVID-19

by Mitchell Hartman
May 5, 2020
But those earning under $25,000 are about as anxious now as they were before the pandemic.
Spencer Platt/Getty Images
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The amount of money people took home last year was the same as the year before

by Andy Uhler
Sep 10, 2019
The median U.S. household income was $533 higher last year than in 2017, which economists say is statistically insignificant.
Bay Ismoyo/AFP/Getty Images)
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Student loans make wealth gap worse for blacks

by Amy Scott
Sep 27, 2018
New study examines race and student debt.
Students walk through the campus of Yale University. 
Yana Paskova/Getty Images
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Fed finds financial crisis cost the average American $70,000

by Mitchell Hartman
Aug 14, 2018
U.S. economic growth surged in the second quarter to 4.1 percent on an annualized basis. But that’s decidedly out of sync with the overall slow economic growth we’ve seen year after year since the Great Recession. A new report from economists at the Federal Reserve Bank of San Francisco suggests the financial crisis of 2008 shaved 7 […]
News tickers at the Nasdaq MarketSite show negative numbers October 9, 2008 in New York City. The Dow Jones industrials lost 678 points to close below 8,600 today as the financial crisis deepens.
Mario Tama/Getty Images
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Older siblings tend to be more successful in life, research says. Does that hold true for your family?

by Marketplace Staff
Jul 18, 2018
Here are some of your responses.
George Marks/Retrofile/Getty Images
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Men make more from their side hustles

by Dan Gorenstein
Jun 26, 2018
A new survey from Bankrate.com finds nearly four in ten Americans have a side hustle. It’s a thing for millennials … and lots of other people too. Most do it to pad their income but nearly 40 percent take on extra work to make ends meet. Click the audio player above to hear the full story. 
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Full-time minimum-wage workers will have to sacrifice more of their earnings to make rent

by Sabri Ben-Achour
Jun 14, 2018
In order to afford a modest one-bedroom rental, an American would, on average, have to make $17.90 an hour. This is according to the National Low Income Housing Coalition. There’s just one problem — $17.90 is far above the federal minimum wage. It means there are a lot of people who can’t really afford their […]
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A pay increase for entry-level jobs

by Mitchell Hartman
Jun 1, 2018
ADP reports entry-level wages for 16- to 24-year-olds rose 5.2 percent in the past year, about double the increase for workers' wages overall.
A job applicant speaks with a recruiter during an interview in New York City.
Chris Hondros/Getty Images
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World Bank report finds that poverty, lack of education follows generations

by Amy Scott
May 10, 2018
It’s the dream of many parents that their children will grow up to have more prosperous lives than they did. A new report from the World Bank finds that’s not happening in much of the developing world, where upward mobility has stalled for the past 30 years.  Click the audio player above to hear the […]
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