At a cursory glance, Colorado has much to celebrate in terms of low unemployment and poverty levels, but scratching the surface of the data reveals troubling trends fraught with wage stagnation and disparities.
CCLP produces the State of Working Colorado every year to gauge how the economy is performing for workers across the income spectrum. The publication is intended to help stakeholders and policymakers determine where to focus their efforts in revitalizing opportunities and prosperity for hard-working Coloradans across the racial spectrum.
Media
- October 25, 2018
- Mark Price
Each Labor Day the Keystone Research Center releases an annual checkup on the health of the Pennsylvania labor market, “The State of Working Pennsylvania.” (https://www.keystoneresearch.org/SWP2018). The 2018 edition focused on state-level data, mostly available through June 2018. This addendum to that report focuses on 2017 data released last month by the Census Bureau on incomes and poverty for Philadelphia. We complement the Census data with statistics on employment and unemployment from the Bureau of Labor Statistics to provide a comprehensive assessment of the performance of the Philadelphia economy since 2005. We start with the year 2005 as that is the first year in which data at the county level are available from the Census Bureau’s American Community Survey.
By many measures, Washington’s economy has soared since the Great Recession. The state has added over 400,000 jobs since 2008 – more than making up for previous losses – and average hourly wages have climbed 13 percent after adjusting for inflation. However, those rosy numbers mask the fact that sluggish wage growth, increasing inequality and rising prices are leaving many Washington residents struggling.
West Virginia’s population is increasingly living in urban areas, with those urban areas experiencing all the state’s job growth in the past quarter century, leaving rural West Virginia behind in many key areas, according to a new West Virginia Center on Budget and Policy report.
The report, State of Rural West Virginia, shows rural West Virginians primarily have poorer health, lower educational attainment levels, lower wages, are older and have fewer job opportunities outside of industrial and extractive industries, underscoring the contrast between the state’s rural and urban areas.
Rural West Virginia has been plagued with job losses from 2007 – 2016, losing more than 21,000 jobs, or eight percent, highlighting the uneven balance of West Virginia’s weak economic recovery.