Tag Archives: Income

Oregon’s millionaire’s club is larger than ever, but the ‘typical’ Oregonian’s income is stuck in neutral: report

For a lot of Oregonians, the Great Recession still lingers to a troubling extent. In the 10 years since the severe economic downturn officially ended, the typical Oregonian’s annual income has increased by only $2,500. Source: Oregon’s millionaire’s club is larger than ever, but the ‘typical’ Oregonian’s income is stuck in neutral: report – oregonlive.com

Oregon is Producing New Millionaires Faster Than Any Other State, Think Tank Says

Meanwhile, everybody else is getting left behind as income inequality widens to the biggest recorded gap. The Oregon Center for Public Policy, a left-leaning think tank, this week released two reports that provide new information about the rapid growth of wealth in this state—and how unequally that wealth is distributed. First, OCPP reported, newly-release IRS […]
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New Census Data Show Remarkable Economic Gains For Portland and State as a Whole

The numbers show surging incomes in both places. Newly released census data show that incomes in Portland and the state overall have made significant gains compared to other cities and states. Christian Kaylor, a local economist, pointed out in a Twitter post that Portland jumped from having the 22nd highest household income in 2005 to […]
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Portland metro makes gains against poverty; Oregon overtakes U.S. in household income

The Portland metro area made notable gains against poverty last year as a booming economy boosted wages across the state. Source: Portland metro makes gains against poverty; Oregon overtakes U.S. in household income

Digging Into Oregon’s Strong Income Growth 

Oregon always outperforms the typical state during economic expansions. Yes, part of this is playing catch-up after experiencing deeper recessions, but much of it has to do with our industrial structure and strong migration flows. However, this current expansion has been a bit different in that Oregon’s relative growth compared to the U.S. is considerably […]
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Detailed Maps Show How Neighborhoods Shape Children for Life 

State Library Ed. Note: State employees can access this New York Times story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: library.help@state.or.us or 503-378-8800.

U.S. Workers’ Pay Gains Continue, but Hit Plateau

State Library Ed. Note: State employees can access this Wall Street Journal story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: library.help@state.or.us or 503-378-8800. Data on compensation, income show slight midyear pullback in growth as slow pace of increases continues to puzzle economists. Compensation […]
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Food stamps could end for 3 million under new Trump plan

Trump officials want to impose new income and asset tests for people on food stamps. The U.S. Department of Agriculture proposed new rules Tuesday to limit access to food stamps for households with savings and other assets, a measure that officials said would cut benefits to about 3 million people. In a telephone call with […]
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Opinion: Money for golden parachutes, not students’ needs, show Portland State’s priorities

“We have the money, just not for you!” While I heard these words in the immediate aftermath of the 2008 financial crisis, the speaker was in fact parroting the simultaneously gluttonous-stingy spokespersons of state and capitalism demanding bailouts for the banking, financial, automotive and housing sectors. Source: Opinion: Money for golden parachutes, not students’ needs, […]
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Commentary: For many down on the farm, the wolf is at the door

We hate to sound like the little boy who cried wolf, but for U.S. farmers there really is a wolf out there and that wolf is called low prices. While the pain is not evenly spread across the nation and across farm types, for those involved it is serious. To get a picture of what […]
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