Job Market Monitor
Until protestors took to the streets last year, first in New York and then in financial centres across the world, inequality had been a low-key issue.
Not any more.
With the political temperature rising, a stream of new analysis is revealing how sharply inequality has been growing.
In October, the US Congressional Budget Office (CBO) caused a storm by revealing how big a slice of income gains since the late 1970s had gone to the richest 1% of households.
The message was dramatic.
Over the 28 years covered by the CBO study, US incomes had increased overall by 62%, allowing for tax and inflation.
But the lowest paid fifth of Americans had got only a small share of that: their incomes had grown by a modest 18%.
Source: bbc.co.uk
Source: bbc.co.uk
Read More @ BBC News – The Wealth Gap – Inequality in Numbers.
Job Market Monitor 
Discussion
Trackbacks/Pingbacks
Pingback: OECD | Divided We Stand: Why Inequality Keeps Rising | 10 links « Job Market Monitor - February 18, 2012
Pingback: OECD | Divided We Stand: Why Inequality Keeps Rising | 10 links « Job Market Monitor - February 19, 2012
Pingback: Obama | Income Inequality Hurts « Global Job Gap, Local Skills Gap - April 11, 2012
Pingback: US – Back to early 20th century wealth concentration levels at the very top finds research | Job Market Monitor - April 14, 2014