#MeToo and #TimesUp protests about the treatment of women in the workplace have brought renewed attention to gender pay equity. This brief looks at three legislative solutions that aim to close the gap by increasing pay transparency and pushing employers to set salaries to the position, not the history of the person doing the job….
Tag: inequality
Teacher pay continues to fall relative to similar workers
A new report by Sylvia Allegretto at IRLE and Lawrence Mishell at EPI finds that in 2015, public school teachers’ weekly wages were 17% lower than those of comparable workers (a gap that has widened from 1.8% in 1994). There are many reasons for the pay gap between public school teachers and similarly-educated workers, including the…
The ongoing saga of wealthy Brooklynites
(Leaving the connection between austerity and gentrification/displacement to the reader…) This is one of the seemingly never-ending series of New York Times articles about wealthy young people having to leave uber-hip neighborhoods for new, cheaper destinations (like Queens and Jersey!). I read the Times pretty faithfully, and these articles never (1) talk about non-wealthy non-young…
The American Middle Class Is No Longer the World’s Richest – NYTimes.com
More and more coverage of American inequality, but I’m curious about how it’s often framed as the disappearance, or decline of the middle class. This article paints an interesting picture of American middle class decline relative to its counterpart in other countries, and paints a picture of economic crisis fueling the relative decline of Americans…
How much income do you need to buy a home in the Bay Area?
The short answer is: a lot. And: probably more than you have if you live in the Bay Area. To cover principal and interest alone on a median-priced home in the greater Bay Area $682,410, you would need $115,510 in annual income. The monthly payment would be $2,695.23. To also cover taxes and insurance, you…