Key stats, graphs, and maps on economic and social policy
From 1979 to 2013, real median compensation of all workers increased by 38%
That’s more than double the rate obtained when considering only cash earnings and using the conventional adjustment for inflation.
The mean annual earnings of working youth: just under $9,500
Working youth typically earn much more than pocket change, but not enough to thrive on their own.
Cutting mandatory minimum sentences in half could save almost $2.5 billion in 10 years
Reducing mandatory minimums for drug offenders alone would reduce prison overcrowding to the lowest it has been in decade.
The earned income tax credit delivers $60 billion a year to low-income earners
The numbers show that some of the largest and most effective anti-poverty programs are now run through the tax code.
Federal spending is projected to increase by $1.4 trillion over the next decade
Children’s programs will receive only 2 cents of every dollar of this projected increase.
2 of the 30 fastest growing occupations require a bachelor’s degree for an entry-level position
But jobs requiring a bachelor’s degree are projected to grow faster than overall job growth over the next 10 years.