Chart of the Day: The Recession Still Isn’t Over For Most Of Us


Jared Bernstein points us today to this chart from the Bureau of Labor Statistics. It shows how much worker compensation has changed since 2007.

The red line is the one to look at: it displays total compensation, including benefits like health insurance, paid leave, and so forth. As you can see, 80 percent of all workers—that is, everyone with an income less than about $65,000—saw their compensation fall. Only the top 20 percent saw their compensation go up, and only the top 10 percent saw it go up by more than a pittance.

The recession might be over for those with high incomes, but not for anybody else. For everyone with modest or low incomes, they’re still making less than they made in 2007.

THE BIG QUESTION...

as we head into 2020 is whether politics and media will be a billionaires’ game, or a playing field where the rest of us have a shot. That's what Mother Jones CEO Monika Bauerlein tackles in her annual December column—"Billionaires Are Not the Answer"—about the state of journalism and our plans for the year ahead.

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THE BIG QUESTION...

as we head into 2020 is whether politics and media will be a billionaires’ game, or a playing field where the rest of us have a shot.

Please read our annual column about the state of journalism and Mother Jones' plans for the year ahead, and help us build an alternative to oligarchy by supporting our people-powered journalism with a year-end gift today.

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