Income, Wealth & Poverty

For the first time on record, nearly one out of every two dollars in aggregate U.S. household income went to the college educated.

This posting links to an article by Pew Research Center's Rick Fry on four takeaways from the Census Bureau's release of annual income and poverty data.

On Tuesday the Census Bureau released its annual trove of data on income, poverty and health insurance in 2012. Here were some of the key findings on household income: New data show that median household income has stagnated for the longest period since the government began collecting such data in 1967. In 2012 the median […]

Although household-income growth for African-Americans has outpaced that of whites since the 1960s, those gains haven't led to any narrowing of the wealth gap between the races.

Martin Luther King Jr.’s speech 50 years ago today on Washington D.C.’s National Mall and Memorial Parks has become one of the most famous, and quoted, pieces of oratory in U.S. history (though that wasn’t apparent to everyone at the time). But how well have the aspirations King so memorably expressed been realized? We ran […]

Despite large and persistent gaps between blacks and whites on virtually every indicator of economic well-being, about half of all whites say the average black person is about as well off financially or doing better than the average white person, according to a survey released last week by the Pew Research Center.

Much has changed for African-Americans since the 1963 March on Washington (which, recall, was a march for "Jobs and Freedom"), but one thing hasn't: The unemployment rate among blacks is still about double that among whites, as it has been for most of the past six decades.

In China, one of the greatest economic transformations in history is taking place, as millions move from poverty into the middle class.