On April 14, 2013, the West Virginia House adopted HCR 107, expressing support for President Obama’s proposal to increase the minimum wage to $9.00 an hour and index it to inflation, in recognition of the decreasing value of the minimum wage and the idea that no one who works full-time should have to live…
Income and Work
Over Labor Day weekend, the Economic Policy Institute released a handy tool, based on their inequality.is project, that shows you how much you would be making today, if wages had kept up with productivity over that last three decades. After WWII, wages and productivity grew hand in hand. As workers produced more, they earned more.…
This edition of The State of Working West Virginia is the sixth of its kind. Each year since 2008 this report has examined the numbers and trends that tell the story of how the people who keep our state moving are faring. While each year’s report has a slightly different focus, one constant theme is the need to…
According to the U.S. Bureau of Labor Statistics establishment survey, mining jobs are at a two-decade high in in the Mountain State. The chart below finds that the number of jobs in "Mining & Logging" in West Virginia was 36,200 in May 2013. This was higher than at any time over the last 23 years.…
Below is a map of county unemployment rates for 2012 in West Virginia. Statewide, West Virginia averaged an unemployment rate of 7.3% in 2012. As the map shows, county unemployment levels ranged from just under 5% to over 12%. The county with the lowest unemployment rate was Monongalia, home of WVU, with an unemployment rate…
Last month, the Labor Department's Job Opening and Labor Turnover Survey showed that there were 3.8 million job openings for the month of April. Groups like the U.S. Chamber of Commerce have pointed to the number of job opening as proof of a skills gap, arguing that there are not enough skilled workers to fill…
This week marks the 50th Anniversary of the Equal Pay Act, which was signed into law by President Kennedy on June 10, 1963. The legislation required that employers give women and men equal pay for equal work. The Equal Pay Act was one of the first steps in the effort to eliminate the gender gap…
Over the last four decades, West Virginia's economy has shifted from producing less goods (e.g. steel, chemicals, etc.) to providing more services. While the rest of the country also underwent this economic shift - often referred to as deindustrialization - it was especially problematic in the Mountain State. While the state has made strides to…
Last year, Ted showed, using ACS data, that income inequality was on the rise in West Virginia since 2006. But as it turns out, income inequality has been on the rise in West Virginia for almost 40 years. Mark Frank, an economist at Sam Houston State University, has used IRS records to put together state…
Yesterday, Sean showed that ranking well on the libertarian 50 State "Freedom" index doesn't mean your state performs better economically nor does it have any relation to low poverty or higher wages. While Sean looked at the numbers, I would like to talk about the qualitative side of the equation. What does the Mercatus Center…