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).
Americans have dim view of trade’s impact on jobs and wages
While 68% of Americans say trade is good for the country, they hold starkly different views than people in other countries around the world when it comes to the supposed benefits of international commerce: job creation and higher wages.
Chart of the Week: Do firefighters or musicians have richer parents?
How people’s incomes and jobs as adults compare with the households they grew up in.
Minimum wage hasn’t been enough to lift most out of poverty for decades
The current federal minimum wage falls below the poverty threshold for most households. A new CBO report says raising the minimum will increase income for millions of low-wage workers but cost thousands their jobs.
Interactive: Technology Use and National Income
Technology usage is strongly correlated with national income across the countries surveyed.
The Rising Cost of Not Going to College
College-educated Millennials are outperforming their less-educated peers on many economic measures. And the gap between the two groups is wider today compared with previous generations.
New academic study links rising income inequality to ‘assortative mating’
The income gap between couples with relatively high and those with relatively low levels of education had widened substantially since 1960, according to a new study.
Despite recovery, fewer Americans identify as middle class
Today about as many Americans identify themselves as lower or lower-middle class (40%) as say they are in the middle class (44%).