Aug 16 2021
Concentrated Corporate Power Is Holding Back Our Economy and Undermining Shared Prosperity
Evidence shows that increased corporate concentration over the past several decades has harmed small businesses, consumers and workers and reduced economic growth. Large corporations have swallowed up America’s small businesses at an unprecedented pace, and even as corporations earn record profits, the consolidation of corporate market power in the United States is associated with reduced investment and lower productivity.
In four areas, the median hourly wage for a child care worker is below 80 percent of the living wage. Those include New York (where the median child care worker is paid 75 percent of the living wage), the District of Columbia (73 percent), Georgia (67 percent) and Hawaii (61 percent).
Aug 16 2021
Fast Facts: The United States Invests Less in Child Care Than Almost Every Other OECD Country
Of all 33 OECD countries that reported on their spending on child care and early education as of 2017, the United States ranks third from the bottom in child care and early education investment as a share of GDP.
In 31 states, a typical married couple with two children (an infant and a four-year-old) in child care spends on average more than 20 percent of their income on child care. In six states, a typical married couple with two young children in child care spends more than 25 percent of their income on child care.
In August 2021, the second round of monthly payments from the newly expanded Child Tax Credit (CTC) hit families’ bank accounts. Over $15 billion was distributed to families across the United States, averaging $428 per qualifying family and reaching almost 61 million children. The number of children in families receiving the CTC grew by 1.6 million from July to August.
Aug 13 2021
Economic Update - August 13, 2021
Aug 12 2021
Fast Facts: In Six States, More Than One in Ten Residents Live in Digitally Distressed Communities
Communities that are digitally distressed have a high percent of homes not subscribing to any internet or subscribing to it only through a cellular plan, and a high percent of homes with no computing devices or relying only on mobile devices.
Certain states are particularly affected by digital distress. In Louisiana, Alabama, Arkansas, New Mexico, Mississippi and Texas, more than one in ten residents live in a community that is digitally distressed.
Certain states are particularly affected by digital distress. In Louisiana, Alabama, Arkansas, New Mexico, Mississippi and Texas, more than one in ten residents live in a community that is digitally distressed.
Communities that are digitally distressed have a high percentage of homes not subscribing to any internet or subscribing to it only through a cellular plan, and a high percentage of homes with no computing devices or relying only on mobile devices.
Research finds digital distress is correlated with race and disproportionately affects Black, Hispanic, and American Indian/Alaskan communities.
Research finds digital distress is correlated with race and disproportionately affects Black, Hispanic, and American Indian/Alaskan communities.
Aug 12 2021
Fast Facts: Most Digitally Distressed Congressional Districts Are Concentrated in the South
Communities that are digitally distressed have a high percentage of homes not subscribing to any internet or subscribing to it only through a cellular plan, and a high percentage of homes with no computing devices or relying only on mobile devices.
Congressional districts in Southern states are particularly likely to be digitally distressed. For example, half of the districts in both Arkansas and Louisiana are digitally distressed, four out of seven districts in Alabama are digitally distressed and all of the districts in Mississippi are digitally distressed.
Congressional districts in Southern states are particularly likely to be digitally distressed. For example, half of the districts in both Arkansas and Louisiana are digitally distressed, four out of seven districts in Alabama are digitally distressed and all of the districts in Mississippi are digitally distressed.