Americans deepest in poverty lost more ground in 2016
The official poverty rate last year was close to its pre-Great Recession level, but the share of the U.S. poor in severe poverty increased.
Numbers, Facts and Trends Shaping Your World
The official poverty rate last year was close to its pre-Great Recession level, but the share of the U.S. poor in severe poverty increased.
Taxpayers with incomes of $200,000 or more paid well over half (58.8%) of federal income taxes, though they accounted for only 4.5% of all returns filed (6.8% of all taxable returns). By contrast, taxpayers with incomes below $30,000 filed nearly 44% of all returns but paid just 1.4% of all federal income tax.
In the U.S., the racial and ethnic wealth gap has evolved differently for families at different income levels since the Great Recession.
The middle class has long been the country’s economic majority, but our new analysis finds that’s no longer true.
in terms of income status, the past four decades have been very good to people working in financial and natural-resources industries or as executives and managers, but not so good for sales workers or people in blue-collar manufacturing jobs.
Most of the biggest inflation-adjusted wage gains have occurred in metro areas that have directly benefited from the boom in U.S. oil and gas production
How the true value of your paycheck is affected by where you live.
From Millennials in the workforce to religion in America, our most popular posts told important stories about trends shaping our world.
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.
The U.S. has one of the most unequal income distributions among developed nations — even after taxes and transfer payments are taken into account.
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