Income Growth

Technically, the economy has been in recovery for two years. But it turns out the rich have been doing most of the recovering. In 2010 -- the first...

From 1947-79, when inequality was relatively unchanged, incomes just about doubled for low, medium and high earners. But between 1979 and 2010, income growth at the middle and bottom was pretty much flat. There is of course a lot more than unequal growth delineating the two periods, but there's no question that inequality was a major factor in play. Another big distinction between these two roughly 30 year periods was the tightness of the labor market. And there's an important, substantive linkage between growth and inequality: at full employment, middle and low-income workers have much more of the bargaining power they require to claim their fair share of the growth they're helping to generate.

Official recovery or not, it turns out that cities around the world still have a long way to go to get back to where they were before the downturn. ...

Americans' ability to access basic life necessities are at recession lows. And the country likely won't catch up with pre-recession incomes for a long...

The latest poverty and income figures came out this week, and boy are they disturbing. It’s not so much the headline figures, which have been well c...

Income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression, according to a recently update...