Photographer: Pete Marovich/Bloomberg
Salaries

Good News, Obama: The U.S. Income Gap Is Already Shrinking

Wage inequality is narrowing thanks to a rebounding job market

President Barack Obama on Tuesday called for the U.S. to reduce income inequality. By at least one count, that gap between America’s rich and poor is already shrinking, newly released data show.  He can thank the improving job market for that. 

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