Low-Income Working Families: Rising Inequality Despite Economic Recovery
A new report shows that despite strong job growth since the end of the Great Recession, many working families are worse off that they were in 2007, before the Great Recession began. The latest U.S. Census data shows that three out of every 10 working families were low-income in 2016. In addition, income and wealth gaps between working families at the top and bottom of the economic ladder remain at all-time highs. The report, produced jointly by PRB and The Working Poor Families Project, also found disturbing growing inequality among racial and ethnic groups.