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US Income

The Rising Costs of U.S. Income Inequality

Laura Tyson | Posted 02.06.2015 | World
Laura Tyson

The U.S. is caught in a vicious circle: rising income inequality breeds more inequality in educational opportunity, which generates greater inequality in educational attainment. That, in turn, translates into a waste of human talent, a less educated workforce, slower economic growth and even greater income inequality.

Report: We're Worse Off Than At The End Of The Recession

AP/HuffPost | Posted 08.22.2013 | Business

WASHINGTON — The average American household is earning less than when the Great Recession ended four years ago, according to a report released Wedne...

GDP and Job Creation: A Grand Mismatch

Jeffrey P. Colin | Posted 06.30.2012 | Impact
Jeffrey P. Colin

As our leaders in business and government engage in continuing debates about how best to grow the economy, huge numbers of Americans are falling deeper and deeper into poverty.

Annual Median Wage Falls To 10-Year Low As Number Of Millionaires Grows

The Huffington Post | Jillian Berman | Posted 01.23.2012 | Business

Americans' wages are falling, perhaps a reason why pessimism about their personal finances is now the lowest it's been in a decade. The annual medi...

The Crisis Of Middle-Class America: Edward Luce | Edward Luce | Posted 05.25.2011 | Business

The slow economic strangulation of the Freemans and millions of other middle-class Americans started long before the Great Recession, which merely exa...

U.S. Income Inequality Has SURPASSED Guyana And Nicaragua

Slate Magazine | Timothy Noah | Posted 05.25.2011 | Business

In 1915, a statistician at the University of Wisconsin named Willford I. King published The Wealth and Income of the People of the United States, the ...

U.S. Savings Rate: Highest Level In A Year, Says Commerce Department

MarketWatch | Greg Robb, MarketWatch | Posted 05.25.2011 | Business

The savings rate among U.S. households rose to the highest level in a year in June as income and spending were flat, the Commerce Department estimated...