New figures show inequality has sharply widened in the two-year recovery following the period known as the Great Recession. According to the Pew Research Center, the top 7 percent of U.S. households saw their income jump 28 percent, while that of the remaining 93 percent declined. The wealth gap separating the top 7 percent from the rest jumped from a ratio of 18-to-1 in 2009 to 24-to-1 in 2011.
Inequality Widened During Post-Recession Period
HeadlineApr 24, 2013