nothin Low Wage Work Grows, Median Wage Down | New Haven Independent

Low Wage Work Grows, Median Wage Down

CT Voices For Children

Unemployment in Connecticut is at a post-recession low but many families continue to struggle in the Nutmeg State where wage growth remains low, according to a new report from the New Haven-based Connecticut Voices for Children.

The report, which was released just ahead of Labor Day, looks closely at recent trends in the state’s labor force, jobs, and wages and concludes that despite recent progress, many families still struggle to make ends meet, according to a press release. (Read the full report written by Jamie Mills,
director of fiscal policy and economic inclusion and Rachel Silbermann, fiscal policy fellow here.)

Some of the report’s key findings include:

• Between 2007 and 2017, median wages for workers at the lowest income decile have remained flat. The median salary during the same period decreased an average of 0.3 percent a year.

• Workers in the top ten percent of the wage distribution saw an average increase of 0.4% a year. Although the trend has reversed slightly since 2014 as wages at the bottom decile grew faster (.5 percent) than those at the top (.35 percent growth a year), the income gap remains vast.

• Wage disparities also persist between White workers and workers of color. On average, Blacks and Latinos make 65 cents to the dollar compared to Whites. Gender disparities also remain, with women earning 87 cents to the dollar compared to men.

• Connecticut is the third most unequal state in the nation, behind only New York and Florida.

The report, according to the Connecticut Voices for Children website, concludes that weak economic growth, long-term wage stagnation, and growing income disparities are the result of policy decisions that can and should be reversed. Stagnant wage growth is exacerbating historic levels of inequality in Connecticut and across the country slowing economic growth and preventing workers and their children from having a decent standard of living.”

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