Seattle’s groundbreaking minimum wage hike hurt the low-income people that it was meant to help, according to a report prepared for the city council.
Lack of jobs is the deepest concern facing communities in rural America, according to a poll from the Kaiser Family Foundation.
In the first quarter of 2017, Americans’ net worth hit $94.8 trillion, which was up 1.4 percent, the Associated Press reported.
Global economic growth is projected to hit 2.7 percent this year because of an increase in manufacturing and trade, higher confidence in the economy, commodity prices that have stabilized, and more positive financing conditions, according to a report from the World Bank.
The unemployment rate for all Americans declined to 4.3 percent in May, a 16-year low, according to numbers released by the Bureau of Labor Statistics.
Personal income increased by 0.4 percent in April, and consumer spending hit its biggest increase in four months, CNBC reported.
The U.S. economy expanded in the first quarter of 2017 as real gross domestic product grew at a rate of 1.2 percent, which was revised up from the previous estimate, according to the second estimate released by the Bureau of Economic Analysis.
Nearly eight in ten business leaders say they prefer operating in right-to-work states, according to a new study.