Sentences with phrase «of stagnant incomes»

These numbers suggest that, in an era of stagnant incomes and wage inequality, millennials put homeownership on hold while they worked to first ensure their financial security through education and career development.
She argued that for a generation, America's middle class had been caught in a vise of stagnant incomes and rising expenses.

Not exact matches

On our current course, we're headed for a morass of punitive taxes, puny growth, and stagnant incomes for workers — a future that's the precise opposite of what Trump champions.
The income of those at the top of the economic scale continues to rise, while the income of many of those in the middle or bottom has remained stagnant or even declined.
Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.
Clinton, Sanders, and Martin O'Malley, the former governor of Maryland, focused instead on stagnant middle - class incomes.
Thanks to rising health costs, stagnant wages and growing levels of debt — especially the $ 1.4 trillion of student loans borrowers owe — you may need to generate more income just to get by.
Economists can debate precisely why so many people have taken it in the teeth in recent decades, but it's clear that years of stagnant or dropping incomes have taken a toll on their ability to get ahead.
Stagnant wage growth isn't just a problem for those at the bottom of the salary scales: middle - class family incomes are slightly lower now than they were in the 1970s.
In the ensuing meltdown, consumers face piles of bills, stagnant or falling incomes, and shrinking nest eggs.
Falling or stagnant prices are simply the result of having less income to spend.
Pfeffer wonders if stagnant incomes have led to people «consuming out of their assets» — in other words, spending what they've accumulated to make ends meet.
Not when millions of Americans are beset by plummeting home prices, stagnant income levels, deteriorating job opportunities and rising consumer prices.
As someone whose household income has been stagnant for several years — until this year, when it's dropping significantly — let me state categorically that I would welcome the opportunity of paying more taxes on a higher income.
Income inequality is a popular political theme with the Democratic Party these days, who are pushing the message that the wealthiest 10 % are getting all of the benefits of the economic recovery, while everyone else has stagnant or falling wages.
We've watched the cost of living increase, but the income requirements for SCHE and DHE have remained stagnant,» said Mayor de Blasio.
In 2004, County contributions comprised more than 85 % of the Library's operating and materials budgets with the balance made up of State operating aid, which has remained relatively stagnant, as well as library fines, fees and related income.
James Browne, the author of the report, said: «With real earnings growth slow, and more tax increases and benefit cuts to come, household incomes are likely to remain stagnant for some time to come.
De Blasio and city officials have said broadly that one of the most significant drivers of the increase in homelessness citywide has been income inequality, writ large: stagnant wages for workers combined with rising rents over the past decade.
Despite the steady rise in the cost of living in New York City, the income threshold for these programs have remained at a stagnant $ 29,000 since 2006.
Costs are steadily rising and incomes of students and their families often are stagnant.
That will be impossible if, like school districts, their total salary budgets rise automatically every year, regardless of whether total income rises or is stagnant.
The struggle is real: a tough job market, stagnant incomes, and skyrocketing costs of housing, healthcare and education.
Incomes are too low and stagnant, cost of living is too high, and borrowed money fed to the universities is not always well spent.
And in a world of anaemic GDP growth & stagnant consumer incomes, stocks which offer the promise of predictable and / or accelerated growth can be priced even more stratospherically.
I have no doubt that much of the current concern over immigration in recent years stems from stagnant real incomes over those years.
Indeed, families acted to maintain their standard of living in the face of stagnant and falling wages, earnings, and incomes during the 1970s and 1980s by having fewer children and sending both parents into the workforce, a strategy that undoubtedly has increased the stress on low - income two - parent families (Levy, 1988), and that contributed to the rise in out - of - wedlock births as a proportion of all births.
And, as the cost of living continues to rise while incomes remain stagnant, many people find that they are incurring a rising debt in an effort to maintain their life style.
Now... I realize that not ALL of these 50,000 AMZ jobs will be injected into the Raleigh economy in one year, but if it takes two years, thats roughly an 11 % increase and three years 7.6 % (holding local area income stagnant over that time frame, which it wouldn't be)
It is absolutely true that real income earned by the lower class has remained stagnant or slightly decreased for decades while the real income of the wealthy has increased significantly.
When it comes to homeownership, 52 percent of firms are concerned with millennials» ability to buy a home because of stagnant wage growth, their debt - to - income ratios and a slow job market.
«For all the concern about income inequality and stagnant wages, the economy overall is generating a lot of income for people,» says Chris Rupkey, chief financial economist at Union Bank in New York.
Tucson's job growth remained relatively stagnant the past five years with median household income in the metro area 15.5 % below that of the U. S. Several recent, high - profile jobs announcements included hundreds of highly - skilled and highly - compensated positions.
Firms are concerned with millennials» ability to buy a home because of stagnant wage growth, their debt - to - income ratios and a slow job market.
Stagnant incomes and constrained credit have had greater impacts on homeownership rates since the end of the housing boom than long - term demographic changes, and will likely continue to drive homeownership trends in the near future.»
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