US Income Inequality Reaches 526% Pay Gap in August

The disparity between top and bottom earners marks the second-highest level in five years, widening sharply since 2021.

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Terms & Concepts
  • Income Inequality: The economic gap between individuals or groups based on differences in income, often measured as a percentage between top and bottom earners.
  • Pay Gap: The percentage difference in earnings between two groups, such as high-income and low-income earners.