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The Guardian - Back to homeThe Guardian

US income inequality

May 2024

  • Black woman in crowd wearing matching red T-shirts.

    ‘We deserve more’: US workers’ share of the pie dwindles

    Bureau of Labor Statistics releases latest estimate of how much labor receives of national income, showing bleak decline

February 2024

  • Workers dressed in red picket in Las Vegas.

    US unions target the housing affordability crisis as their ‘biggest issue’

    Organized labor across the country is now setting its sights on housing costs as rents and mortgages continue to soar

January 2024

  • A distorted picture of a 100-dollar bill, with a frowning Benjamin Franklin.

    Forty-four of 50 US states worsen inequality with ‘upside-down’ taxes

    New research found that poorest fifth pay a tax rate 60% higher, on average, than the top 1% of households

November 2023

  • a stethoscope and a calculator on a pile of dollar bills

    Nearly half of American adults faced medical bill issues in last year – survey

    High-income Americans also almost as likely to defer healthcare over cost as people with low or average incomes in other countries

August 2023

  • Lowes home improvement store in Woburn, Massachusetts<br>epa10811964 Customers enter a Lowes home improvement store in Woburn, Massachusetts, USA, 21 August 2023. Lowe's Companies, Inc, (NYSE:LOW) a retail home improvement store based in Mooresville, North Carolina, is to report second quarter earnings on 22 August 2023. EPA/CJ GUNTHER

    CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds

    These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m

July 2023

  • Diversity Plaza street sign, Jackson Heights, Queens, New York, USA<br>2FN2AXK Diversity Plaza street sign, Jackson Heights, Queens, New York, USA lr1

    Race and money
    Where now for workplace diversity after court’s affirmative action ruling?

    The supreme court’s decision to strike down diversity policies in higher education raises concerns over future of DEI in employment

June 2023

  • A person rides a scooter past a check cashing and payday loans store on March 11, 2022 in downtown Los Angeles, California.

    ‘It left me with nothing’: the debt trap of payday loans

    Some payday loans have interest rates as high as 664% – but now Minnesota will cap them at 36%, in line with some other states

May 2023

  • Dollar General Fourth Quarter Earnings Beat Estimates<br>VALLEJO, CALIFORNIA - MARCH 17: A sign is posted in front of a Dollar General store on March 17, 2022 in Vallejo, California. Dollar General announced fourth quarter earnings of $2.57 per share, just beating analyst expectations of $2.56 per share. The retailer had net income of $597.4 million, down from $642.7 million one year ago. (Photo by Justin Sullivan/Getty Images)

    ‘Codes being broken every day’: Dollar General safety violations alarm workers

    Federal safety authority Osha has imposed millions in fines on discount retailer which is largest retail chain in US
  • The so-called ‘top hat’ plans allow unlimited tax-deferred retirement while ordinary workers face strict limits on their 401(k) retirement plan contributions.

    Top five US executives hoard $9bn tax-free for retirement as workers face limits

    At many of these companies a sizeable percentage of workers had no money in their 401(k)s, report finds
  • Arwa Mahdawi

    It’s official: billionaires aren’t the brainboxes they like to believe

    Arwa Mahdawi
    The obscene wealth of many CEOs is less a result of intelligence and more down to luck, background and personality, writes Arwa Mahdawi

February 2023

  • New technologies like AI often produce jobs that no one could predict – before the invention of computers, who would have foreseen the job of computer programmer?

    US experts warn AI likely to kill off jobs – and widen wealth inequality

    Economists wary of firm predictions but say advances could create new raft of billionaires while other workers are laid off

January 2023

  • People protest in Times Square in 2021.

    Tax the rich, urge protesters at New York City’s ‘Towers of Power’

  • Fresh produce from 5 Loaves Farm in Buffalo, New York.

    Our unequal earth
    Name-your-price produce: farms let customers pay what they can for fruits and vegetables

November 2022

  • Tommy Andrade with his son Thaddeus, eight, outside their home in Seattle.

    ‘I’m not stressed’: guaranteed income programs are changing the lives of American parents

    The policy that’s been standard in northern Europe and Canada trickles down to kids, alleviating trauma that could be mitigated

October 2022

  • Facebook Holds Virtual Connect Event<br>Mark Zuckerberg, chief executive officer of Facebook Inc., speaks in a virtual Horizon Home environment during the virtual Facebook Connect event, where the company announced its rebranding as Meta, in New York, U.S., on Thursday, Oct. 28, 2021. A major theme at the annual conference will be the company's ambitions for the so-called metaverse, a new digital space that it believes will supplant smartphone apps as the primary form of online interaction. Photographer: Michael Nagle/Bloomberg via Getty Images

    Will plunging shares end big tech’s era of ‘pornographic’ profits?

    After the astonishing wealth earned during lockdown, investors fear times may never be as good again for Silicon Valley’s giants

August 2022

  • President Biden Delivers Remarks At The White House<br>WASHINGTON, DC - AUGUST 24: U.S. President Joe Biden speaks on student loan debt in the Roosevelt Room of the White House August 24, 2022 in Washington, DC. President Biden announced steps to forgive $10,000 in student loan debt for borrowers who make less than $125,000 per year and cap payments at 5 percent of monthly income. (Photo by Alex Wong/Getty Images)

    Student loan forgiveness: what you need to know about Biden’s plan

    Who qualifies and how to apply for the forgiveness plan, and will the student loan payment freeze be extended?

June 2022

  • Supporters of Amazon workers protest in Santa Monica, California, in May 2021.

    Wage gap between CEOs and US workers jumped to 670-to-1 last year, study finds

    Report on 300 top US companies found CEOs making an average of $10.6m, with the median worker getting $23,968

May 2022

  • Slice of traditonal homemade spinach chicken quiche tart or pie on paddle<br>RCNX0K Slice of traditonal homemade spinach chicken quiche tart or pie on paddle

    Why giving your employees a piece of the pie could boost your business

    Employee Stock Ownership Plans hold over $1.6tn in assets and can make a more profitable company and a better place to work

April 2022

  • Customers shop at a Dollar Tree store in New York.

    ‘What am I going to do?’: soaring prices fuel calls for US government to step in

  • U.S. businessman Michael Bloomberg speaks with participants prior to a meeting with Earthshot prize winners and finalists at the Glasgow Science Center on the sidelines of the COP26 U.N. Climate Summit in Glasgow, Scotland, Tuesday, Nov. 2, 2021. The U.N. climate summit in Glasgow gathers leaders from around the world, in Scotland's biggest city, to lay out their vision for addressing the common challenge of global warming. (AP Photo/Alastair Grant, Pool)

    Wealthiest Americans pay just 3.4% of income in taxes, investigation reveals

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