American paychecks just aren’t getting much bigger — unless you’re rich

Income inequality in the United States worsened in 2019. Earners at the top of the income ladder received the largest increase in their paychecks, according to a report from the Economic Policy Institute.

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Wages at the 95th percentile grew by 4.5% last year, while the median increase was just 1%.
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“Wage growth for low- and middle-wage workers continues to be slower than would be expected in an economy with relatively low unemployment,” said EPI Senior Economist Elise Gould.

Article URL : https://www.cnn.com/2020/02/20/economy/wage-inequality-rising-2019/index.html

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