America’s wealth gap between middle-income and upper-income families is widest on record
The gap between America’s upper-income and middle-income families has reached its highest level on record. In 2013, the median wealth of the nation’s upper-income families ($639,400) was nearly seven times the median wealth of middle-income families ($96,500).
Wealth inequality has widened along racial, ethnic lines since end of Great Recession
The median wealth of white households was 13 times the wealth of black households and 10 times that of Hispanic households in 2013, compared with eight and nine times, respectively, in 2010.
When it comes to happiness, money matters
The different direction of economic fortunes since the Great Recession has had a major impact on life satisfaction in countries around the world.
Where people say giving bribes gets you ahead in life
Whether it’s to cover up a scandal or score a business contract – the act of bribery is widespread across the world.
Debate over inequality highlights sharp partisan divisions on the issue
Federal Reserve chief Janet Yellen addressed the issue of inequality in a speech last week, an issue on which there is a sharp partisan divide.
Share of Affluent Students Who Borrow for College Doubles
In 2012, a record 69% of the nation’s new college graduates had taken out student loans. Graduates from more affluent families are much more likely to borrow today than they were 20 years ago.
Public is sharply divided in views of Americans in poverty
Poverty is an issue that deeply divides the American public when it comes to how much of a role government should play in alleviating the problems of the poor.
Who makes minimum wage?
Perhaps surprisingly, not very many people earn minimum wage, and they make up a smaller share of the workforce than they used to.
56% of Americans Believe They Are ‘Falling Behind’ Financially
Public views of the job market have improved modestly, but overall economic optimism remains limited. Many say their incomes are falling behind the cost of living and 45% have experienced a serious financial hardship.
Wage gap between high and low earners rising most among Hispanics
The earnings gap in the nation’s workforce has widened in recent years as the pay of high-wage workers has risen and the pay of low-wage workers has fallen, but Hispanics may be feeling the impact more acutely than others.