Covid-19: The Cost in Lost Jobs With more than 190,000 lives lost and millions infected, Covid-19 has imposed a tragic toll on residents of the United States. New York State was hit hard early on, and has lost 32,600 residents to the disease as of early September But strong controls that shut down much of the state’s economy for weeks during […]
Income Inequality in Metropolitan Areas In many respects, the American economy has done extraordinarily well since the great recession of 2008. We have seen a long period of growth in employment, while unemployment has dropped to levels not seen in many decades. But this period has also seen a troubling increase in income polarization, which has left typical workers with […]
The Income Gap between Men and Women: 2015 vs. 1970 Since 1970, inflation adjusted wage income growth has been almost nonexistent – only five percent over the 45 year period ending in 2015. Income change in metropolitan areas in New York State has differed little from the nation. Rochester and Buffalo were two exceptions – both had lower median real wage incomes in 2015 than in […]
The Persistent Gap Between White and Black Incomes in New York There has long been a substantial gap between the incomes of white Americans and those who describe themselves as African/American or black. As early as 1964, with the enactment of the Civil Rights Act, the Federal and state Governments began passing laws aimed at preventing discrimination in the workplace. Has New York seen significant progress in reducing wage […]
Education, Age and Declines in Real Income Since 1970 The economic malaise that has affected small and medium sized rust belt cities since 2000 has been widely noted. Most have seen little or no real household income growth since then. Much of the weak performance has been associated with the long-term decline of manufacturing employment in the region – a trend that is largely […]
Poverty in Upstate Metropolitan Areas – Characteristics and Change: 1999-2013 A paper, based, in part, on data previously presented on this blog site. This paper examines the incidence of poverty in upstate New York cities, compared to the surrounding suburbs. The data shows that while residents of upstate suburbs enjoy incomes that are substantially higher than the national average, and poverty rates that are substantially […]
The Shrinking Middle Class in New York State – Cities and Suburbs Pew Research has been releasing a series of studies showing that the percentage of Americans who have middle class incomes has been declining. The most recent of these is America’s Shrinking Middle Class: A Close Look at Changes Within Metropolitan Areas. The report received extensive coverage in many newspapers, including the New York Times. It concluded that […]
Racial Divisions in Upstate Metropolitan Neighborhoods In my last posting I described income differences in 800 upstate metropolitan neighborhoods in Albany, Erie, Monroe, Oneida, Onondaga, Rensselaer and Schenectady Counties. The data comes from the United States Census Bureau which divides the nation into census tracts, the most detailed level publically tabulated. Overall, there are 73,000 census tracts nationally, averaging 4,200 residents each. […]
