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US – The 10 states where income inequality has soared

These are the 10 states where income inequality has soared. US Flag

10. New York
> Share of growth captured by the 1%: 67.6%
> Real income growth 1979-2007: 60.5% (4th highest)
> Income growth, bottom 99%: 22.2% (22nd highest)
> Income growth, top 1%: 355.1% (3rd highest)

9. Florida
> Share of growth captured by the 1%: 68.9%.
> Real income growth 1979-2007: 38.8% (16th highest)
> Income growth, bottom 99%: 13.8% (18th least)
> Income growth, top 1%: 218.8% (17th highest)

8. Hawaii
> Share of growth captured by the 1%: 70.9%
> Real income growth 1979-2007: 12.4% (4th least)
> Income growth, bottom 99%: 3.9% (7th least)
> Income growth, top 1%: 118.0% (9th least)

7. New Mexico
> Share of growth captured by the 1%: 72.6%
> Real income growth 1979-2007: 14.0% (7th least)
> Income growth, bottom 99%: 4.2% (8th least)
> Income growth, top 1%: 119.3% (11th least)

6. Oregon
> Share of growth captured by the 1%: 81.8%
> Real income growth 1979-2007: 13.5% (6th least)
> Income growth, bottom 99%: 2.7% (5th least)
> Income growth, top 1%: 127.2% (15th least)

5. Arizona
> Share of growth captured by the 1%: 84.2%
> Real income growth 1979-2007: 17.0% (8th least)
> Income growth, bottom 99%: 3.0% (6th least)
> Income growth, top 1%: 157.8% (23rd least)

4. Michigan
> Share of growth captured by the 1%: 101.7%
> Real income growth 1979-2007: 8.9% (3rd least)
> Income growth, bottom 99%: -0.2% (4th least)
> Income growth, top 1%: 100.0% (4th least)

3. Wyoming
> Share of growth captured by the 1%: 102.3%
> Real income growth 1979-2007: 31.5% (23rd least)
> Income growth, bottom 99%: -0.8% (3rd least)
> Income growth, top 1%: 354.3% (4th highest)

2. Nevada
> Share of growth captured by the top 1%: 218.5%
> Real income growth 1979-2007: 8.6% (2nd least)
> Income growth, bottom 99%: -11.6% (2nd least)
> Income growth, top 1%: 164.0% (24th highest)

1. Alaska
> Share of growth captured by the top 1%: All
> Real income growth 1979-2007: -10.3% (the least)
> Income growth, bottom 99%: -17.5% (the least)
> Income growth, top 1%: 118.6% (10th least)

Chosen excerpts by Job Market Monitor. Read the whole story at 10 States Where Income Inequality Has Soared.

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