The State of Working America 2000-2001

by
Format: Paperback
Pub. Date: 2001-01-01
Publisher(s): Cornell Univ Pr
List Price: $32.95

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Summary

The State of Working America, prepared biennially since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, taxes, unemployment, wealth, and poverty -- data that enable the authors to closely examine the effect of the economy on the living standards of the American people. As well as providing a snapshot of working Americans at the turn of the new century, this latest edition will look behind the extraordinary job and income growth of the late 1990s to assess the quality of these new jobs, weigh the contribution of the high-tech sector in the so-called "new economy", and examine the widening gap in wages and incomes.

Table of Contents

Acknowledgments xi
Executive Summary 1(12)
Introduction: The living standards debate 13(16)
Documentation and Methodology 29(4)
Family Income: Slower growth, greater inequality, and much more work
33(78)
Unexceptional median income growth, but glimpse of change in late 1990s
35(5)
An income `generation gap'
40(4)
Among racial/ethnic groups, African Americans make relative gains
44(2)
For family types, strong growth in 1990s among dual-earner couples
46(3)
Growing inequality of family income
49(5)
Counter-arguments to the evidence on income trends
54(28)
Are taxes the reason for rising inequality and disappointing growth in family incomes?
56(12)
Is the increase in inequality sensitive to income definitions?
68(6)
Alternative explanations: mobility and demographics
74(8)
Growth in inequality narrows pathways to prosperity
82(2)
Expanding capital incomes
84(9)
The `time crunch:' married-couple families with children working harder than ever
93(18)
Wages: Turnaround in the late 1990s
111(108)
Contrasting hours and hourly wage growth
114(3)
Contrasting compensation and wage growth
117(3)
Wages by occupation
120(3)
Wage trends by wage level
123(4)
The male/female wage gap
127(2)
Shifts in low-wage jobs
129(8)
Trends in benefit growth and inequality
137(6)
Explaining wage inequality
143(7)
Productivity and the compensation-productivity gap
150(2)
Rising education wage differentials
152(5)
Young workers' wages
157(3)
The importance of within-group wage inequality
160(3)
School quality and tests
163(1)
Wage growth by race and ethnicity
164(4)
The shift to low-paying industries
168(4)
Trade and wages
172(7)
The union dimension
179(7)
An eroded minimum wage
186(7)
Summarizing the role of labor market institutions
193(1)
The technology story of wage inequality
194(12)
Information technology workers
206(2)
Executive pay soars
208(5)
What does the future hold?
213(6)
Jobs: Sustained low unemployment key to recent progress
219(38)
Unemployment and underemployment
220(2)
Unemployment and the earnings distribution
222(2)
Employment
224(5)
Job stability and job security
229(2)
Declining job stability
231(6)
Displacement
237(4)
Job security
241(3)
The contingent workforce
244(1)
Nonstandard work: widespread and often substandard
245(5)
Part-time work
250(1)
Temping
251(1)
Self-employment
252(2)
More than one job
254(3)
Wealth: Deeper in debt
257(28)
Wealth and worth
258(1)
Net worth
259(3)
Racial divide
262(2)
Low net worth
264(1)
Assets
264(1)
Stocks
265(5)
Home ownership
270(1)
Computers
271(3)
Liabilities
274(4)
Debt service
278(2)
Hardship
280(5)
Poverty: The roles of measurement, growth, family structure, and work
285(44)
Who are the poor?
287(6)
Alternative approaches to measuring poverty
293(10)
Poverty, overall growth, and inequality
303(2)
The role of demographics and inequality
305(6)
The changing effects of taxes and transfers
311(3)
The increasing prevalence of working poverty
314(8)
The low-wage labor market: workers' characteristics and earnings
322(7)
Regional Analysis: Variations across the country
329(42)
Median family income grows in Midwest and South
330(3)
The growth of income inequality by state
333(5)
Trends in employment and unemployment and their impact on wage growth
338(23)
Poverty rates vary greatly by region and area
361(6)
The regressivity of state tax liabilities
367(4)
International Comparisons: Less-than-model behavior
371(36)
Incomes and productivity: United States loses edge
372(7)
Workers' wages and compensation: slow, unequal growth
379(8)
Household income: slow, unequal growth
387(10)
Employment and hours worked: strength of the U.S. model?
397(3)
Evaluating the U.S. model
400(7)
Appendix A: Family income and poverty data 407(6)
Appendix B: Wage analysis computations 413(8)
Appendix C: Information technology and productivity 421(4)
Table notes 425(18)
Figure notes 443(6)
Bibliography 449(8)
Index 457(8)
About EPI 465(1)
About the Authors 466

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