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U.S. Wage Disparity Took Another Turn for the Worse Last Year

Bloomberg

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Summary | 5 Annotations
Top wage earners last year made 5.05 times what their lowest-income counterparts took home, the widest gap in data going back to 1979,
2017/01/29 05:17
whose weekly earnings exceed those of 90 percent of all full-time wage and salary workers, made at least $2,095 in a typical week last year, according to the report released Jan. 24. Those in the bottom 10 percent earned less than $415
2017/01/29 05:19
The 2016 figures were reported by the Labor Department this week along with its fourth-quarter data from a survey of U.S. households.
2017/01/29 05:19
While the economy has grown at a historically modest 2.1 percent rate on average in the current expansion that began in mid-2009
2017/01/29 05:20
Whether paychecks also reflect less inequality in coming years is anyone’s guess.
2017/01/29 05:20