Sentences with phrase «percent less purchasing power»

In today's dollars, the current federal minimum wage offers 30 percent less purchasing power than it did in 1968, according to NELP.

Not exact matches

If food and gas prices were included in the CPI, the rate of inflation would be closer to 10 percent, and, at that rate, the net purchasing power of earnings in ten years would be less than the initial investment, meaning you would have lost money.

The Institute for College Access and Success, or TICAS, points out that Pell now covers less than 30 percent of the cost of attendance for an undergraduate college — its lowest purchasing power in 40 years.

In passing the Act, Congress intended to replace 30 percent of petroleum vehicle fuel use with alternative fuels by 2010, through federal purchase of less polluting vehicles, and by harnessing the purchasing power of the federal government to spur the market for natural gas, propane, ethanol and electric vehicles, which produce less pollution and greenhouse gas emissions.

«Similar to some of the obstacles facing first - time buyers, tighter credit conditions and having less purchasing power than households with dual incomes likely led to the share of single - female buyers declining to its lowest since 2001 (also 15 percent),» noted Dr. Yun.