Political Capital

Posts tagged: wages


Customers check out at a Costco Wholesale Corp. store in San Francisco

Photograph by David Paul Morris/Bloomberg

Customers check out at a Costco Wholesale Corp. store in San Francisco

Good News for Fed, Less So For Average Joe

Federal Reserve policy makers may be breathing a tad easier today after the Bureau of Labor Statistics’ consumer price report showed diminishing odds of deflation. Higher costs for food and rent helped boost consumer prices 0.2 percent in March, the...

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Customers at a Uniqlo Co. store in New York City.

Photograph by Victor J. Blue/Bloomberg

Customers at a Uniqlo Co. store in New York City.

Bloomberg by the Numbers: 2.9

Consumer comfort has taken a hit lately — at all economic strata: – The Bloomberg Consumer Comfort Index for Americans earning at least $100,000 per year was 2.9 in the week ended Feb. 2, the lowest among that group since...

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William D. Smart, Jr., pastor of the Southern Christian Leadership Conference, right, protests with fast-food workers and supporters organized by the Service Employees International Union (SEIU) inside of a Subway restaurant in Los Angeles on Aug. 29, 2013.

Photograph by Patrick T. Fallon/Bloomberg

William D. Smart, Jr., pastor of the Southern Christian Leadership Conference, right, protests with fast-food workers and supporters organized by the Service Employees International Union (SEIU) inside of a Subway restaurant in Los Angeles on Aug. 29, 2013.

Minimum Wage Messaging Change: ‘Entry-Level’ Pay for Basics

In his last State of the Union address, President Barack Obama urged Congress to raise the minimum wage. It didn’t, despite broad public support for the idea. If you can’t win on the merits, change the messaging, says Leo Hindery,...

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Morning commuters exit a subway turnstile in New York.

Photograph by Scott Eells/Bloomberg

Morning commuters exit a subway turnstile in New York.

Bloomberg By the Numbers: 77

Women earned 77 percent of what men did in 2011 for the same job, according to Bureau of Labor Statistics cited by the Institute for Women’s Policy Research, a Washington-based research group. The figures for the most recent year available were cited as...

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The Washington monument stands as pedestrians walk ahead of the presidential inauguration in Washington, DC.

Photograph by Daniel Acker/Bloomberg

The Washington monument stands as pedestrians walk ahead of the presidential inauguration in Washington, DC.

Washington’s Economic Confidence No. 1

Who says Washington is dysfunctional? Washington is downright happy with the way things are going. Of all the places where the Gallup organization has polled people about their confidence in the economy, Washington, D.C., stands out as most confident. The...

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Myrtle Nora arranges flag buntings outside the Capitol prior to the second inauguration of President Barack Obama in Washington.

Photograph by Andrew Harrer/Bloomberg

Myrtle Nora arranges flag buntings outside the Capitol prior to the second inauguration of President Barack Obama in Washington.

Washington Wages: Leading the Nation

Guess where pay in the U.S. is up the most over the past decade. Guessed Washington? Guessed right. From 2001 through 2011, the average annual wages in the nation’s capital rose by 4.1 percent a year — from $49,420 a...

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