1. New CBO Estimates Show How Shifting to Chained CPI Would Harm Poorly Compensated Workers and Others Struggling to Afford the Basics
(Matching tags: poverty, retirement, inequality, Social Security, income, cost of living)

... measure of inflation, including for the elderly and for low- and moderate-income people, because it better captures opportunities that people may have to respond to price increases by substituting to goods ...

2. The Poverty Rate is Higher than the Federal Government Says It Is
(Matching tags: poverty, inequality, income, consumption)

... where many low-income families shop.” The current measure is deeply flawed. It should use a more comprehensive after-tax measure of income, so Bloomberg critique number 1 is mostly right. But critique ...

3. More Work, Less Income in 2011
(Matching tags: poverty, jobs, inequality, Census, income)

Today's Census release on Health, Income, Poverty, and Inequality in 2011—what I like to call the annual HIPI report—was not particularly surprising. The best news was that the number of people without ...

4. Family Structure is Overrated as an Explanation of Family Income Inequality, Part 4 on DeParle's Marriage Plot
(Matching tags: poverty, jobs, inequality, working class, low-wage workers, income, families)

The basic assumption undergirding Jason DeParle's piece is that changes in family structure have been one of the primary drivers of growth in family income inequality over the last several decades. What ...

5. Family Structure is Overrated as an Explanation of Inequality, Part 3 on DeParle's Marriage Plot
(Matching tags: poverty, jobs, inequality, working class, low-wage workers, income, families)

Sociologist Loïc Wacquant writes that "binary oppositions are well-suited to exaggerating differences, confounding description and prescription, and setting up overburdened dualisms that erase continuities, ...

6. Family Structure is Overrated as an Explanation of Inequality, Part 2 on DeParle
(Matching tags: poverty, jobs, inequality, working class, low-wage workers, income, families)

... makes $25,000 a year, and that her family income is near "the 75th percentile", so their total income is probably around $85,000). DeParle's uses Shairer and Faulker to tell a story that pins a big chunk ...

7. Labor Market Policy Research Reports May 14 - 18, 2012
(Matching tags: economy, labor market, Social Security, budget, middle class, income, paid time off)

The following are the latest labor market policy research reports from the last week. Center for American Progress The American Middle Class, Income Inequality, and the Strength of Our Economy: New ...