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Lower-income earners' wages have grown faster than others

by Samantha Fields
Mar 8, 2023
A tight labor market has helped low-income workers raise their wages, according to a new working paper.
Many young people without degrees have left jobs in restaurants and hospitality to move to higher paying fields.
Joseph Eid/AFP via Getty Images
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California's wildfire building codes make newer homes less likely to burn

by Samantha Fields
Apr 1, 2022
But up to 14 million homes were built before fire safety measures took effect. Some insurers now offer discounts for risk reduction.
Jim and Ann Pesout's house in Northern California before it burned down in the Butte Fire in 2015.
Courtesy Jim and Ann Pesout
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Who gets to decide if we are in a recession?

by Sabri Ben-Achour
Jun 9, 2020
We have to take the word of economists at the National Bureau of Economic Research, who have been making that call for a hundred years.
A man wears a face mask as he check his phone in Times Square on March 22, 2020 in New York City. - Coronavirus deaths soared across the United States and Europe on despite heightened restrictions as hospitals scrambled to find ventilators. (Photo by Kena Betancur / AFP) (Photo by KENA BETANCUR/AFP via Getty Images)
Kena Betancur/AFP via Getty Images
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It's official: We're in a recession

by Justin Ho
Jun 9, 2020
In the past, the National Bureau of Economic Research has watched an economic decline for longer before declaring a recession. But this is no ordinary contraction.
Shuttered stores in downtown Los Angeles in April.
Mario Tama/Getty Images
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How will we know we're in a recession?

by Kai Ryssdal , Sean McHenry and Bennett Purser
Dec 11, 2018
What the National Bureau of Economic Research looks for when analyzing the business cycle.
In this photo illustration, a man looks at a graph representing the 12-month decline of the FTSE 100 share index on Oct. 7, 2008, in London.
Peter Macdiarmid/Getty Images
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