About six-in-ten U.S. adults say there’s too much economic inequality in the country these days, and among that group, most say addressing it requires significant changes to the country’s economic system, according to a new Pew Research Center survey.
The overall gain in income among Latino workers is driven by a rise in the share of higher-income immigrants who have lived in the U.S. for more years. Yet the incomes of U.S.-born Latinos are still less than since the recession began.
About half of American adults lived in middle-income households in 2016. Find out which income group you're in with our newly updated calculator.
While the size of the U.S. middle class remained relatively stable between 2002 and 2016, financial gains for middle-income Americans were modest compared with those of higher-income households.
Income inequality nearly doubled among Asians in the U.S. from 1970 to 2016. Sizable income gaps persist across racial and ethnic groups, a new study finds.
The charts below show the distributions of white, black, Hispanic and Asian adults in the U.S. by their incomes in 1970 and 2016.
The gap in the standard of living between Asians near the top and the bottom of the income ladder nearly doubled from 1970 to
2016. Amid rising inequality overall, Asians displaced blacks as the most economically divided major U.S. racial or ethnic group.
In the U.S., the racial and ethnic wealth gap has evolved differently for families at different income levels since the Great Recession.
The unemployment rate for U.S. Hispanics hit 4.7% in the second quarter of 2017. However, U.S. Latinos have not fully recovered from the Great Recession.
The American middle class is smaller than middle classes across Western Europe, but its income is higher.