With improving incomes, 3.5 million people climbed out of poverty in 2015, pushing down the official poverty rate to 13.5 percent.
By Kristen Doerer
About one quarter of all renters spend at least half of their paychecks just to keep roofs over their heads, and those numbers will only grow in the next 10 years, new research suggests.
By Laura Santhanam and Megan Crigger
The warm sands and tony neighborhoods in Naples, Florida, give it the name “Paradise Coast.” But for seniors struggling to keep food on the table, it’s far from a paradise.
By Ariel Min
By Simone Pathe
The wealth gap between upper-income Americans and the rest of the country has reached a new high. According to a Pew Research Center analysis, the gap actually widened during the recovery as only upper-income families recouped some of the wealth…
By Miles Corak
A yawning gap has opened up between market income poverty rates and total income poverty rates, which can only be heralded as a major success story for out-of-work assistance, particularly those components under federal control, argues economist Miles Corak.
By Simone Pathe
The American economy is still feeling the effects of the 2008 financial crisis. A new study from the National Bureau of Economic Research analyzes the largest components of America's declined output -- from lost investment to lower labor force participation…
By Darlene Superville, Associated Press
The costly $787 billion spending bill that President Barack Obama signed into law soon after taking office boosted the economy and helped avoid another Great Depression, the White House said in a status report on Monday's fifth anniversary of the…
The recession has had a negative effect on children's well-being, even increasing their likelihood of being physically abused. Photo courtesy of Mario Tama/Getty Images. Editor's Note: As "The Great Gatsby" lit up silver screens this summer, Miles Corak, professor…
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