Third and State This Week: Income Inequality, Stagnant Wages and Putting the Brakes on PA's Recovery

This week we blogged about how public-sector job losses are putting the brakes on the state's economic recovery, the top paid executives in Central Pennsylvania, and wage stagnation. In the Morning Must Reads, we also highlighted news stories on the economics of fracking, a new report on campaign contributions made by gas companies, new data on job openings, and much more.

IN CASE YOU MISSED IT

  • On income inequality, Mark Price blogged that between 2000 and 2007, while Pennsylvania's per capita output grew, workers' wages remained stagnant. Stephen Herzenberg also had a post on Central Pennsylvania's highest-paid executives.
  • On jobs and the economy, Stephen Herzenberg wrote about a new policy brief from the Keystone Research Center showing that public-sector job losses are putting the brakes on Pennsylvania’s economic recovery.
  • In the Morning Must Reads this week, Mark Price highlighted new data on job openings, noting that there are 4.2 unemployed workers competing for each new job opening. He also wrote about a bleak employment outlook from Dean Baker and J-1 visas and teacher layoffs in Pittsburgh.
  • Mark Price also focused three Morning Must Reads this week on the Marcellus Shale. He highlighted a new study by Common Cause on campaign contributions made by natural gas companies in Pennsylvania; blogged about a news report stating that taxpayers could be stuck with most of the $100,000 it costs to plug an abandoned Marcellus gas well; and shared Paul Krugman's primer on the basic economics of fracking.

More blog posts next week. Keep us bookmarked and join the conversation!

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