[PDF][PDF] Income inequality in the US is rising most rapidly among Asians

R Kochhar, A Cilluffo - Pew Research Center, 2018 - mth101.com
R Kochhar, A Cilluffo
Pew Research Center, 2018mth101.com
Income inequality, a measure of the economic gap between the rich and poor, has risen
steadily in the United States since the 1970s. More recently, the issue burst into public
consciousness with the Occupy Wall Street movement in 2011 and subsequent calls for a
$15 minimum wage. An important part of the story of rising income inequality is that
experiences within America's racial and ethnic communities vary strikingly from one group to
the other. Today, income inequality in the US is greatest among Asians. From 1970 to 2016 …
Income inequality, a measure of the economic gap between the rich and poor, has risen steadily in the United States since the 1970s. More recently, the issue burst into public consciousness with the Occupy Wall Street movement in 2011 and subsequent calls for a $15 minimum wage. An important part of the story of rising income inequality is that experiences within America’s racial and ethnic communities vary strikingly from one group to the other.
Today, income inequality in the US is greatest among Asians. From 1970 to 2016, the gap in the standard of living between Asians near the top and the bottom of the income ladder nearly doubled, and the distribution of income among Asians transformed from being one of the most equal to being the most unequal among America’s major racial and ethnic groups.
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