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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
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…

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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…

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