Wage inequality in U.S. metros
The Daily WRAG will return on Tuesday, October 13.
While wage inequality is nothing new, the problem has become a staple of many major cities across the country. In some U.S. metros with high wage inequality – like the metropolitan Washington region – there are a number of implications for those who do not earn high salaries. (City Lab, 10/7)
[…] wage inequality appears to be bound up with higher housing costs, being closely correlated with the share of income devoted to housing […]. The higher wage earners in knowledge-based metros essentially bid up the cost of housing. And while knowledge workers and the creative class make enough to cope with the increased costs, as my own research has shown, this hits extremely hard at workers in lower paid service and blue-collar jobs who increasingly cannot afford to live in these places.
– Congratulations to WRAG members Rosie Allen-Herring, president and CEO of United Way of the National Capital Area, and Nicky Goren, president and CEO of the Meyer Foundation, for being featured in The Washington Business Journal’s Power 100 list in the category of Heavy Hitters, defined as “[…] those executives who lead the most powerful organizations in town, be it for their size, their reputations or the sheer dollars they generate.” (WBJ, 10/5)
– Congratulations are also in order for WRAG members IBM and Citi Foundation for taking home awards in the U.S. Chamber of Commerce Foundation’s Corporate Citizenship Awards in the areas of Best Corporate Steward – Large Business, and Best Community Improvement Program.
HOUSING | Enterprise takes a look at housing affordability for the millennial workforce on the heels of some newly released research on the topic. (Enterprise, 10/6)
TRANSPORTATION/DISTRICT | Bikeshare services are a convenience enjoyed by many in D.C. who seek alternative ways to get around, but they are often only available in more affluent parts of the city and to those with credit cards. In an effort to better reach minority and low-income residents, the District has unveiled potential plans to expand bikeshare stations across D.C. and eliminate barriers to payment to use the services. (WaPo, 10/6)
ENVIRONMENT/PUBLIC HEALTH | MoCo becomes first major locality to ban cosmetic pesticides from lawns (WaPo, 10/6)
Are you a native to the region? Here’s some nostalgia for you in the form of local TV ads.