Workers in the good old USA earned $773 a week in the first quarter before taxes and other deductions, 0.5 percent more than in the same three months of 2012. Unfortunately, the cost of living for the almost 103 million...
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Photograph by Lachlan Currie
Wages are up, but inflation is up even more.
Wages Up 0.5% — Cost of Living 1.7%
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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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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Photograph by Victor J. Blue/Bloomberg
Shoppers at a Costco Wholesale Corp. warehouse in New York.
Workers in U.S. Face Stagnant Incomes and Cooling Job Prospects
As if the sluggish job market weren’t bad enough, Americans have one more thing to worry about: stagnant wages. Average hourly earnings barely budged in August compared to July and rose just 1.7 percent from a year ago, matching the smallest gain since records began in...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
