U.S. Income Inequality Hits a Disturbing New Threshold
An analysis of 17 years of census data shows that even a better education won’t close the gap for women and African-Americans.
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U.S. wage growth remains slow and uneven, with African-Americans and women still at a clear disadvantage while the wealthiest are accumulating more money than ever, a new analysis of census data shows.
Median real wages grew only 0.2 percent over the past year, according to a report released Thursday by the Economic Policy Institute, a progressive think-tank. Wages for African-Americans declined in most wage brackets, while women with graduate degrees made less money than men with only college degrees.