Women with college degrees earn $4 less per hour than their male peers early in their careers, and the gap is widening, according to a study out Tuesday from the Economic Policy Institute.
The economy had another month of robust job gains in February, more people began looking for work, and the unemployment rate held steady at 4.9 percent. But wages fell slightly.
Poor households – especially those headed up by single mothers – help each other out with money troubles more frequently than others. But children from high-income households are more likely to get the financial help they really need to get (and stay) ahead.
The US economy added 151,000 jobs in January. The unemployment rate fell below 5 percent, and wages finally picked up. The solid report suggests that the economy is sound despite signs of uncertainty on Wall Street.
The US economy added 292,000 jobs in December, and the unemployment rate went unchanged at 5 percent. That hints at why more people are wading back into the job market.
Federal prosecutors are stepping up legal action in food safety cases. Chipotle’s subpoena in a criminal investigation linked to foodborne illness is the latest example.
Nine years without an interest rate increase from the Federal Reserve ended Wednesday afternoon. Even when rates go up, the gradual nature of the first few hikes means borrowing conditions will remain favorable.
The US economy added 211,000 jobs last month, and the unemployment rate held steady at 5 percent. That strong performance, plus the overarching stability of the economy, all but guarantee the Federal Reserve will raise interest rates at its meeting later this month.