Allegretto, Sylvia

Sylvia A. Allegretto PhD is a labor economist at the UC Berkeley Center on Wage and Employment Dynamics. She received her Ph. D. in Economics from the University of Colorado, Boulder and worked for several years at the Economic Policy Institute in Washington, DC.

Household Income: Slip Slidin' Away

By Sylvia Allegretto

Recently, the U.S. Census Bureau released its annual report on income, poverty, and health insurance coverage for 2011. Data from the report represents the second full year of economic recovery (which official started in June 2009). From the top line statistics, poverty held steady at 15% (46.2 million people) and the number of people without health insurance coverage declined from 50 million in 2010 to 48.6 million in 2011. The big changes were with regard to income as illustrated in the figure.

The Few, the Proud, the Very Rich

By Sylvia Allegretto
UC Berkeley Center on Wage and Employment Dynamics

Much of the current political and popular discourse has focused on inequalities that exist in the U.S. In particular, the Occupy movement has brought the huge disparities in wealth to the forefront. There are a few questions floating round about wealth. First, how skewed is the distribution? Second, it is true that the rich have gotten much richer over time? (a statement I often heard my Grandma make).

The State of Jobs on Labor Day 2011

By Sylvia Allegretto, PhD

This Labor Day, two months after the second anniversary of our economic “recovery”, it seems appropriate to assess how job markets are faring in the United States and California. It is informative to note that the official dating committee of recessions, the National Bureau of Economic Research, evaluates several different economic indices when assessing the beginning and ending dates of recessions— job growth or loss is just one of those—which is why many workers are surprised that the recession already ended. But officially it has. By the National Bureau’s reckoning, the recession lasted from December 2007 to June 2009.