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Posted October 30, 2012 by

5 Reasons to Care About America’s Income Gap

Sarah Shemkus

Sarah Shemkus, Salary.com contributing writer

Two weeks ago, we looked at some numbers that suggested the gap between rich and poor in the United States is growing. Last week, we considered some possible reasons for this growing inequality.

This week, we answer perhaps the most important question: So what? (more…)

Posted September 27, 2012 by

Why the Rich Get Richer & the Poor Stay Put

Sarah Shemkus

Sarah Shemkus, Salary.com contributing writer

The typical American household had less income last year than the year before and the gap between the richest and the poorest is growing, according to newly released numbers from the U.S. Census Bureau.

Adjusted for inflation, median household income in 2011 was $50,054, down 1.5 percent from the 2010 midpoint. The decline was driven largely by households in the West, where income fell 4.1 percent, to $52,376, over the same period. (more…)