Dec. 8, 2016
Barely half of 30-year-olds earn more than their parents did at a similar age, a research team found, an enormous decline from the early 1970s when the incomes of nearly all offspring outpaced their parents. Even rapid economic growth won’t do much to reverse the trend.
Dec. 2, 2016
The Bay Area’s black population experienced a dramatic migration into outer suburban parts of the region over a 14-year span, the result of the rising cost of living in inner regions, according to a new report by the Oakland nonprofit Urban Habitat.
Nov. 18, 2016
As Bay Area cities scramble to find housing solutions to prevent displacement, a new report warns that the region is resegregating by race and class.
Nov. 17, 2016
A report from the U.S. Census Bureau says millennials are leaving Los Angeles at one of the highest rates in the country, LA Weekly reports. The analysis found that residents between the ages of 18 and 35 decreased by 7.4 percent over the last 10 years, a decrease of 780,000 people, making it the third-worst city for millennial population loss.
Nov. 7, 2016
While commentators tend to focus on the unemployment rate—which is moderate at 4.9 percent—the employment-population ratio is arguably more informative. After long spells out of a job, people may become discouraged and give up looking for work altogether. A large group of working-age, able-bodied individuals outside the labor force is a sign of major weakness in the economy.