America has a wage problem.
Before the pandemic hit, 44% of U.S. families—14 million households with children—did not earn an income that was high enough to cover their families’ living expenses. https://brook.gs/3arcUmk @Sifan_Liu @joeparilla
With 14M households struggling to make ends meet, a new report identifies, for every metro, the family-sustaining wage threshold and number of family-sustaining wage jobs required to move half of those families w/ children into self-sufficiency. https://brook.gs/3s3kyZW pic.twitter.com/JmRP5qtoIQ
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The family sustaining wage is higher than the regional median wage in all but six metro areas—Hartford, Conn., Sacramento, Madison, Wis., Spokane, Wash., Seattle, and D.C.—suggesting that most local economies are not delivering enough high-quality jobs.pic.twitter.com/QXXvKnzm8f
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The COVID-19 pandemic brought the low-wage crisis to new heights, authors
@Sifan_Liu@joeparilla write. In the depths of the COVID-19 pandemic, the economy shed low-wage jobs at eight times the rate of high-wage jobs.Show this thread -
Drawing on recent research,
@Sifan_Liu@joeparilla find that tradable industries—and particularly supply chain tradable services industries—are more likely to concentrate a higher share of family-sustaining wage jobs across major metro areas. https://brook.gs/2OQX8ss pic.twitter.com/jZykm1HuEG
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In order for local leaders to know if their COVID-19 recoveries are being driven by higher-quality jobs, they must consider 3 metrics: struggling families; family-sustaining wage thresholds; and family-sustaining wage job deficits. https://brook.gs/3arcUmk
@Sifan_Liu@joeparillaShow this thread
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