A surge in growing income inequality?

A reported surge in income equality in 1993 indicates that, even with changes in survey methodology, patterns of employment growth were consistent with greater income dispersion. The Gini index, a tool used to measure income inequality, rose from .434 in 1992 to .447 in 1993, the largest one-year i...

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Published in:Monthly Labor Review Vol. 118; pp. 51 - 62
Main Author: Ryscavage, Paul
Format: Article
Published: US Department of Labor August 1995
Subjects:
Online Access:View this record in EBSCOhost
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        atl: A surge in growing income inequality?
      aug:
        au: Ryscavage, Paul
      su:
        Income inequality
        Income statistics
        United States
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        subj:
          United States
          Income inequality
          Income statistics
      ab: A reported surge in income equality in 1993 indicates that, even with changes in survey methodology, patterns of employment growth were consistent with greater income dispersion. The Gini index, a tool used to measure income inequality, rose from .434 in 1992 to .447 in 1993, the largest one-year increase since the statistical series on household income was implemented in 1967. However, the Census Bureau warned that the size of the increase may have been affected by technical changes made in how data is tabulated in the Current Population survey as well as other changes. Yet, the increase also came at a time when employment was rising and unemployment was falling. Moreover, according to the Bureau of Labor Statistics, when the data are stratified by occupation, most of the net increase in employment during the 1992-93 period occurred in jobs paying above-average wages.
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    language: English
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