The K-Shaped Job Market May Finally Be Closing Its Wage Gap
New Bank of America data shows lower-income wage growth hit 4.1% in June, nearly matching top earners. What the closing K-shaped gap means for workers.
Read the full articleYou might also wanna read
Bank of America report shows narrowing wage-growth gap as lower-income workers see 4.1% gains
A Bank of America Institute report showed a narrowing of the wage-growth gap between low- and high-earners, as well as signals of a labor ma
Wealth Inequality Gaps Are Narrowing. Now the K-Shaped Economy is Losing Its Shape, New Data Shows
For years, economists have described the U.S. recovery as "K-shaped," meaning higher-income households benefited disproportionately from ris

Navigating the K-shaped recovery and its effects on wages, rents, and debt
The K-shaped economy is a phenomenon where different sectors and individuals experience varying levels of economic growth, leading to a divi

Explaining the K‑Shaped Economy: What’s Behind the Divide?
In our companion post, we used a new module of our Economic Heterogeneity Indicators (EHIs) to shed light on how recent retail spending grow
Economy Gets a 'B Minus': Strong Jobs but Stubborn Inflation and Stagnant Wages
Inflation vs Job Growth, AI vs White-Collar Work, and Trillionaire vs Democracy
Economy Gets a 'B Minus': Strong Jobs but Stubborn Inflation and Stagnant Wages
Inflation vs Job Growth, AI vs White-Collar Work, and Trillionaire vs Democracy
Economy Gets a 'B Minus': Strong Jobs but Stubborn Inflation and Stagnant Wages
Inflation vs Job Growth, AI vs White-Collar Work, and Trillionaire vs Democracy
U.S. adds only 57,000 jobs in June as wage growth trails inflation for third month
The U.S. economy added just 57,000 jobs in June, a worrying sign for labor market stability as wage growth tracks below inflation for a thir

Comments
Sign in to join the conversation.
No comments yet. Be the first.