The State of Working America, 2000-2001

The State of Working America, 2000-2001

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Prepared biennially since 1988 by the Economic Policy Institute, this work includes a wide variety of data on family incomes, wages, taxes, unemployment, wealth and poverty, allowing the authors to examine the effect of the economy on the living standards of the American people.For the typical household, rising debt, not a rising stock market, was the big story of the 1990s. ... i.e., the sum of all of a familya#39;s assets a€” house, checking and savings account balances, stock holdings, retirement funds ... other assets a€” minus the sum of all of the familya#39;s liabilities a€” mortgage, credit- card debt, student loans, and other debts. ... Table 4.1 shows income and wealth data from the most recent Survey of Consumer Finances (SCF), conducted by the Federal Reserve Board.

Title:The State of Working America, 2000-2001
Author: Lawrence R. Mishel, Jared Bernstein, John Schmitt
Publisher:Cornell University Press - 2001-01-01

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