It makes some sense that young people might work less than their older counterparts. They are figuring out their lives, going in and out of school and making more short-term plans.
But a whopping 5.8 million young people are neither in school nor working. It is "a completely different situation than we've seen in the past," says Elisabeth Jacobs, the senior director for policy and academic programs at the Washington Center for Equitable Growth.
The federal minimum wage for tipped workers has been $2.13 since 1991. That pay rate tends to get lost in the larger debate over whether to raise the national minimum wage for nontipped workers, which is $7.25 an hour.
In theory, the money from tips should make up the difference in pay — and then some. But according to a White House report, tipped workers are more than twice as likely as other workers to experience poverty.
If it seems like we talk about housing a lot on Code Switch, it's because we do. But the fact is it's really hard to talk about all the ways race correlates to different outcomes — in health or education, say— without talking about where people live. Take household wealth, for example: The major reason whites have so much more of it is because of how much likelier they are not just to own homes, but to own homes in places where that property might appreciate in value.
On June 30, WRKF is bringing the daily business show Marketplaceback to the air, weekdays at 5:30 p.m. And you’ll hear the Marketplace Morning Report at 51 minutes past the hour during Morning Edition on weekday mornings.
The return of Marketplace gives us an excuse to talk with host, Kai Ryssdal, about how Louisiana fits in to the bigger economic picture.
It seems that everybody, going back at least to Thomas Jefferson, loves small family farms.
Yet those beloved small farms are becoming increasingly irrelevant. Big farms are taking over.
According to the latest census of American agriculture, released this year, there are two million farms in America. But just four percent of those farms account for two-thirds of all agricultural production.
Tomorrow is a big day in horse racing - the Belmont Stakes, the last race in the Triple Crown. California Chrome has a chance to complete the Triple Crown for the first time in 36 years, having already won the Kentucky Derby and the Preakness, of course. That's the excitement in the foreground. In the background, a quiet war is raging. Charles Lane, of member station WSHU, reports.
(SOUNDBITE OF KENTUCKY DERBY)
UNIDENTIFIED ANNOUNCER: (Yelling) But California Chrome shines bright in the Kentucky Derby.