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PI Original
by Ellyn Fortino
4:06pm
Thu Mar 3

Can Unions Affect The Economic Mobility Of Children? One Recent Study Says Yes.

Progress Illinois takes a look at the findings of a Center for American Progress study showing that "economic mobility and union membership go hand in hand." 

Quick Hit
by Ellyn Fortino
11:52pm
Tue Mar 1

Report: Workers' Share Of Corporate Income Down $535 Billion Since 2000

U.S. workers have seen their share of corporate income for compensation drop from 82 percent to 75 percent since 2000, shows a recent analysis by the Economic Policy Institute (EPI).

A 7-point decrease "might not seem like a lot, but if labor's share had not fallen this much, employees in the corporate sector would have $535 billion more in their paychecks today," EPI's research and policy director Josh Bivens said in a paper on the findings.

That money would work out to be a $3,770 raise for each U.S. worker if all working Americans, not just those employed in the corporate sector, got a slice of the pie.

Quick Hit
by Aricka Flowers
6:54pm
Mon Feb 29

A Flurry Of Endorsements Come Down Monday As IL Primary Approaches & Early Voting Begins

A flurry of endorsements came down Monday as early voting began in Illinois and the candidates gear up for the March 15 primary.

Here's a rundown of some of the most recent endorsements that were announced in the races for the 8th and 10th congressional districts, 7th and 26th state House seats, and the controversial Cook County State's Attorney and Circuit Court Clerk posts.

Quick Hit
by Ellyn Fortino
6:32pm
Thu Feb 25

The Forbes 400 Are Wealthier Than 194 Million Americans Combined

The 400 richest Americans have as much combined wealth as all African-American households in the United States plus a third of those headed by Latinos.

That jaw-dropping stat comes from a recent report by the Institute for Policy Studies (IPS), a left-leaning think tank that examined the wealth concentration among the Forbes 400 billionaires, who are collectively worth a record $2.34 trillion.

Forbes 400 members, including just two African Americans and five Latinos, are wealthier than the entire bottom 61 percent of the U.S. population, representing 194 million people or 70 million households.

America's 20 wealthiest individuals alone (17 men and three women, all of whom are white) currently "own more wealth than the bottom half of the American population combined, a total of 152 million people in 57 million households," according to the report.

The wealth divide is even more striking when compared along racial lines.

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