| Sumario: | In spring 2005, the biennial State of Working America, written by economists at the Economic Policy Institute in Washington, D.C., reveals that, with the exception of one five-year period, U.S. workers have not prospered since the 1970s. From about 1995 to 2000, wages began to grow significantly after 20 years of stagnation, poverty rates declined, unemployment rates dropped to 30-year lows, and the gap between both black workers and Hispanics and whites narrowed. Since then, however, the gains made by minorities and low-income earners have eroded, with most of the increases in total income accruing to the owners of capital and employment and wages lagging behind price rises. An overview of the findings in State of Working America is presented.
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