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ERIC Number: ED660851
Record Type: Non-Journal
Publication Date: 2024
Pages: 30
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
The State of Working Pennsylvania 2024
Claire Kovach; Muhammad Maisum Murtaza; Stephen Herzenberg
Keystone Research Center
As we approach this Labor Day, the Pennsylvania economy is growing steadily. Working families are sharing in prosperity in a more sustained way than at any point since 1980--although many families still struggle to make ends meet and, in our polarized nation, a big partisan divide exists in perceptions of whether the economy is better than four years ago. A central reason for the economy's objectively strong recent performance: federal policies during and since the outbreak of COVID-19 have quickly restored the 2013-2019 trajectory of steady job growth, low unemployment, and rising wages. Even inflation--which spiked in the pandemic--has fallen below 3%. The critical question before the country now: will policies going forward lock-in shared prosperity sufficiently for working families to "feel it"? Or will policies in 2025 and beyond restore an economy like that of most of the three-plus decades after 1980, which mostly benefited a thin slice of the very rich?
Keystone Research Center. 412 North Third Street, Harrisburg, PA 17101. Tel: 717-255-7181; Web site: http://keystoneresearch.org
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Keystone Research Center (KRC)
Identifiers - Location: Pennsylvania
Grant or Contract Numbers: N/A