The richest 10% are getting richer across the country
J. Chris Cunningham at the US Bureau of Labor Statistics conducted a study on wage growth between 2003 and 2013, and found that those that were in the top 25% for wages saw what they made rise over the decade. In contract, those in the bottom 75% actually saw their real wages drop over the 10 years.
"The highest paid 10% of wage earners in the United States earned at least $88,330 per year, while the lowest paid 10 percent earned less than $18,190 per year," said Cunningham. "Therefore, by this measure, the "90-10" ratio in the United States was 4.86 in 2013, compared with 4.54 in 2003, an increase of about 7 percent over that 10-year period."
We pulled out some of Cunningham's most interesting, and startling, findings along with quotes from the study.