4 ms·
This article speaks to regional income convergence. However, national wages, according to Bureau of Labor Statistics data (1) for Usual Weekly Earnings (parsed
by mojomark 9y ago
This article speaks to regional income convergence. However, national wages, according to Bureau of Labor Statistics data (1) for Usual Weekly Earnings (parsed by education level in particular) show clear divergence - along with a clear dissappearance of the middle class.
Perhaps regional economies are simply settling down and catching up to the economy at large (I'm not implying that wage divergence is good or fair - it just seems to be what is happening based on BLS data).
1. https://www.bls.gov/news.release/wkyeng.nr0.htm https://www.bls.gov/news.release/wkyeng.nr0.htm