The benefits gap between high and low earners is widening

“I SEE PATIENTS every day who are going to have babies because they work at Facebook,” says Peter Klatsky of Spring Fertility clinic in Silicon Valley. Tech giants now include egg-freezing and in vitro fertilisation in their employees’ health coverage. But even as high-earning Americans have the cost of making a baby covered by their […]

If the US minimum wage had kept up with the economy, many low-wage earners could earn double what they’re making now

Justin Sullivan/Getty Minimum wage is about to go up in many states, but the federal rate is still $ 7.25 an hour. The real value of minimum wage peaked in 1968 at $ 9.90, adjusted for inflation. Productivity and average wages have grown much faster than minimum wage, which has left low-wage workers behind.   […]