Bureau of Labor Statistics

  • What It Means to Be Middle Class Today

    Being middle class isn't what it used to be. One hundred years ago, you were considered middle class if you made $577 a year, according to TheCostofLiving.com. But just what is middle class today? There seems to be a lot of evidence out there that the status of middle class is almost the new poor.

    U.S.News & World Report LP
    • Good News: Wages Are Rising, and Inflation Is Still Low

      “It should be obvious to everyone by now that there is wage pressure in the pipeline”

      BusinessWeek
      • Reverse Mortgage: How it Works (Age 62 Plus)

        Educate yourself! Understand how a reverse mortgage works. Learn more now.

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          Planning to settle abroad? Here are America's most overpriced cities (11 photos)

          Forbes We started with America’s 100 largest Metropolitan Statistical Areas (MSAs) and Metropolitan Divisions (MDs), all with populations of 600,000 or more. Then we factored in housing affordability, using the Housing Opportunity Index from the National Association of Home Builders and Wells…

          Forbes
          • 10 grocery store foods with prices on the rise

            The next time you visit the grocery store, you may experience sticker shock. Prices for some of your favorite foods, including bacon, coffee and oranges, are on the rise.  According to the Bureau of Labor Statistics, retail food prices rose in March by 0.4% from the previous month. There are many…

            Los Angeles Times from RSS
            • Lawmaker Says Women Make Less Because They Don’t Work As Hard

              In speaking against a bill aimed at closing the gender wage gap on Wednesday, New Hampshire State Rep. Will Infantine (R) said that men make more because they take on riskier and harder work. However, a recent paper found that most of the gender wage gap is caused by differences in pay when men and…

              ThinkProgress » Economy from RSS
              • Inequality In Well-Being

                As we mentioned in our post yesterday, economists care much more about inequality in well-being rather than inequality in income or wealth. Data on well-being are more difficult to gather, but we discussed some evidence that inequality in consumption also increased from 1980 to 2010. Aaron Cobet of…

                seekingalpha.com from RSS
                • Fewer Americans Apply for Mortgages, Refinancing - DailyFinance

                  NEW YORK -- Applications for U.S. home mortgages fell last week as both purchase and refinancing applications slipped, an industry group said Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home…

                  DailyFinance.com from RSS