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Extraction Summary

2
People
3
Organizations
1
Locations
1
Events
1
Relationships
3
Quotes

Document Information

Type: Standard & poor's economic research report (page 13)
File Size: 1.49 MB
Summary

This document is page 13 of a Standard & Poor's economic research report dated August 5, 2014, discussing income inequality and its impact on U.S. economic growth. It analyzes the correlation between education levels, wage growth, and unemployment rates, including a chart projecting potential growth based on education scenarios. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a document production for a congressional investigation, likely related to financial records, though the text itself is purely economic analysis.

People (2)

Name Role Context
Robert Barro Researcher/Author
Cited in Chart 6 sources for 'A New Data Set of Educational Attainment in the World, 1950-2010'
Jong-Wha Lee Researcher/Author
Cited in Chart 6 sources for 'A New Data Set of Educational Attainment in the World, 1950-2010'

Organizations (3)

Name Type Context
Standard & Poor's
Publisher of the report; copyright holder
Oxford Economics
Cited as a source for Chart 6
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT_025775'

Timeline (1 events)

August 5, 2014
Publication of the Standard & Poor's RatingsDirect report
N/A

Locations (1)

Location Context
Subject of the economic research (U.S. Economic Growth, U.S. Potential Growth)

Relationships (1)

Robert Barro Co-authors Jong-Wha Lee
Cited together in Chart 6 sources: 'Barro, Robert and Jong-Wha Lee'

Key Quotes (3)

"States with a well-educated workforce are high-wage states."
Source
HOUSE_OVERSIGHT_025775.jpg
Quote #1
"The unemployment rate for people 25 years old and older with a college degree was 3.3% in June 2014, which is one-third of the unemployment rate of those with less than a high school degree."
Source
HOUSE_OVERSIGHT_025775.jpg
Quote #2
"Education is an investment in the health and livelihood of future generations"
Source
HOUSE_OVERSIGHT_025775.jpg
Quote #3

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