The hole between the haves and have-nots in the USA grew final yr to its highest degree in additional than 50 years of monitoring revenue inequality, in response to Census Bureau figures. AP Information reviews:

Revenue inequality in the USA expanded from 2017 to 2018, with a number of heartland states among the many leaders of the rise, although a number of rich coastal states nonetheless had essentially the most inequality total, in response to figures launched Thursday by the U.S. Census Bureau.

The nation’s Gini Index, which measures revenue inequality, has been rising steadily over the previous 5 a long time.

The Gini Index grew from 0.482 in 2017 to 0.485 final yr, in response to the bureau’s 1-year American Group Survey knowledge. The Gini Index is on a scale of 0 to 1; a rating of “0″ signifies excellent equality, whereas a rating of “1″ signifies excellent inequality, the place one family has all of the revenue…

The inequality enlargement final yr befell on the similar time median family revenue nationwide elevated to virtually $62,000 final yr, the very best ever measured by the American Group Survey. However the 0.8% revenue enhance from 2017 to 2018 was a lot smaller in comparison with will increase within the earlier three years, in response to the bureau.