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Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

Category: Income/wages
October 6, 2014 at 10:21 AM

A different look at housing affordability, in two charts

Yes, most West Coast cities have crazy high housing costs and long has been the case. Seattle and Portland once were considered relatively affordable, but no more. Indeed,  housing affordability is a sore spot all over the country. Places with “cheap” rents and mortgages also pay poorly. It’s a real issue and calls for some creative…


Comments | More in Housing, Income/wages | Topics: Housing affordability, Wages

April 2, 2014 at 10:02 AM

The wages of work: rotten

If you need additional evidence of the radical divergence between people who make most of their earnings through investments and “rents” — and the majority that depend on wages and salaries, here is the latest report from PayScale, the Seattle firm that tracks compensation data. In other words, this is why a roaring bull stock…


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January 23, 2014 at 10:16 AM

Better education, lower wages

In 1968, about 37 percent of the total workforce had not completed high-school or received a GED. It 2012, this number had dropped to 9 percent. And yet the national minimum wage is 23 percent lower than its 1968 peak value when adjusted for inflation. So the axiom that better education translates into higher wages…


Comments | More in Income/wages | Topics: minimum wage

January 17, 2014 at 10:46 AM

Vote: Should Seattle raise the minimum wage?

One of the most important issues facing the city this year will be the push to raise the minimum wage to $15 per hour. If the minimum wage had kept pace with productivity, it would have been $21.72 an hour in 2012, according to the Center for Economic and Policy Research. Instead, the federal minimum wage…


Comments | More in Income/wages | Topics: minimum wage