Paying tribute to Stephen Colbert in honor of the final edition of The Colbert Report.
Arizonans Earning 19 Percent Less Than National Average
Arizonans have long lagged behind the rest of the country in per capita earnings, and a new report finds it’s worse than ever.
Arizona State University's W.P. Carey School of Business analyzed per capita earnings from 2011, and found that on average Arizona residents made 19 percent less than the national average in direct compensation – that’s wages and salaries.
Historically, the difference has been between 10 and 15 percent.
The director of the Carey School’s Center for Competitiveness and Prosperity Research says that’s the largest gap on record. The analysis looked at two other measures of personal income and found the state lags behind there as well.