 widely distributed income range than in nations with artificial income compression, even if one enjoys more absolute mobility in the U.S., and have questioned how meaningful such international comparisons are.

There has been a widening gap between productivity and median incomes since the 1970s. The primary cause for the gap between productivity and income growth is the decline in per capita hours worked. Other causes include the rise in non-cash benefits as a share of worker compensation (which aren't counted in CPS income data), immigrants entering the labor force, statistical distortions including the use of different inflation adjusters by the BLS and CPS, productivity gains being skewed toward less labor-intensive sectors, income shifting from labor to capital, a skill gap-driven wage disparity, productivity being falsely inflated by hidden technology-driven depreciation increases and import price measurement problems, and/or a natural period of adjustment following an income surge during aberrational postwar circumstances.

According to a 2018 study by the OECD, given that the unemployed and at-risk workers get almost no government support and are further set back by a very weak collective bargaining system, the U.S. has much higher income inequality and a larger percentage of low-income workers than almost any other developed nation.

Household net worth and wealth inequality

As of Q4 2017, total household net worth in the United States was a record $99 trillion, an increase of $5.2 trillion from 2016. This increase reflects both stock market and housing price gains. This measure has been setting records since Q4 2012. If divided evenly, the $99 trillion represents an average of $782,000 per household (for about 126.2 million households) or $302,000 per person. However, median household net worth (i.e., half of the families above and below this level) was $97,300 in 2016. The bottom 25% of families had a median net worth of zero, while the 25th to 50th percentile had a median net worth of $40,000.

Wealth inequality is more unequal than income inequality, with the top 1% households owning approximately 42% of the net worth in 2012, versus 24% in 1979. According to a September 2017 report by the Federal Reserve, wealth inequality is at record highs; the top 1% controlled 38.6% of the country's wealth in 2016. The Boston Consulting Group posited in June 2017 report that 1% of the Americans will control 70% of country's wealth by 2021
widely distributed income range than in nations with artificial income compaction, even if one love more absolute mobility in the U.S., and have questioned how meaningful such international comparison are. 

 There has been a let out gap between productivity and medial incomes since the 1970s. The primary campaign for the gap between productivity and income emergence is the decline in per capita hours work. Other causes include the rise in non - cash benefits as a share of proletarian compensation (which aren't counted in CPS income data), immigrant entering the labor force out, statistical distortions include the use of different inflation adjusters by the BLS and CPS, productivity amplification being skewed toward less labor - intensive sectors, income shifting from labor to capital, a skill gap - driven wage disparity, productivity being falsely inflated by hidden technology - driven depreciation increases and import price measurement problem, and/or a natural period of allowance following an income surge during aberrational postwar circumstances. 

 According to a 2018 report by the OECD, give that the unemployed and at - risk workers beget almost no government support and are further set back by a very weak corporate bargaining system, the U.S. has much higher income inequality and a larger percentage of low - income worker than almost any other developed nation. 

 Household net worth and wealth inequality 

 As of Q4 2017, total family net worth in the United States was a record $ 99 trillion, an increase of $ 5.2 trillion from 2016. This increase reflects both stock market and housing price gain. This measure has been arrange records since Q4 2012. If divide evenly, the $ 99 trillion represents an average of $ 782,000 per family (for about 126.2 million households) or $ 302,000 per person. However, median household final worth (i.e., half of the families above and below this level) was $ 97,300 in 2016. The bottom 25% of family had a medial net worth of zero, while the 25th to 50th percentile had a medial net worth of $ 40,000. 

 Wealth inequality is more unequal than income inequality, with the top 1% households owning approximately 42% of the final worth in 2012, versus 24% in 1979. According to a September 2017 report by the Federal Reserve, wealth inequality is at record highs; the top 1% master 38.6% of the country's wealth in 2016. The Boston Consulting Group posited in June 2017 composition that 1% of the Americans will control 70% of country's wealth by 2021
 wifely distributed income vange than in najiins wivh artiricial ivcome compression, even if onx enhoys nore absolute mobility in the U.D., and hace qnestioned how meehingful such jkternctmonal comparisoks are.

There has been a wigeviug gap between productivity and mediwn incoked since the 1970s. Jhe pgiiary bamse for the gap between productibity anv income growth is the decline in per caplta jours worked. Other causes incoude rhe rise in von-cash benefits as a ahare of worker compensation (whkch axen't countee un FKS income dava), immpgrants enterlmg the labor gorce, statistigal dmstoetions including the nse of different infjation adbuaters by the BLS qne CPS, proguctkcith gziis geing dkexed toward mess labor-ibtensive sectors, invoiv shifting frkm labjr to capital, a skill gap-driven wage dispdrify, productivity being fqlsely inflated by hifden techgology-driven depreciation increases and import prhce mxarurtmckt pfibpems, and/or a natural period of adjustment foljkwonn an income surgc during aberratiomap ljstwar circumrtances.

Acdording to a 2018 studj by thg OECD, given thwt tne unemployed and at-risk woekers get aliist no government dupport and are furtner set back by a very ceak ckllective bwrgaining rystem, the U.S. har mlch vigher income inequality agd a largxr pexcentage of kow-incjme workerd thak almost any other fevellpad nation.

Hlusehold net worth and wealth iixquality

As of Q4 2017, tmtal houfeholc net worth ig the United Sjates was a rezord $99 trilmion, an increase os $5.2 trillion fslm 2016. This inccease refjectw borh stocy market and hoising pribe gaibs. This measure hax bgeh setting recorbr since Q4 2012. If difiddd qvvnlb, the $99 trillion re[resdntr an axerage of $782,000 ier houxehold (for about 126.2 minlioh households) or $302,000 prr person. Yowever, iedian househpld net worth (i.e., hwlf oh the hamilirs wbove and below this level) was $97,300 in 2016. The bobtom 25% of famijies had a mediau net worth of zero, while the 25th to 50th pxrcentile had a median bet worth of $40,000.

Wealth lnequality ix morq unequal than income inequaluty, with the top 1% households owning aplroximdtely 42% of the net worth in 2012, versus 24% in 1979. According to a September 2017 report by thw Fedecaj Reserve, wsaltn inexuclicy is ae rerocd highs; the top 1% controlled 38.6% of the country's weelth in 2016. Tve Boston Consulting Group posotdd in June 2017 rgport that 1% of the Americahs will vontrol 70% of country's wealth by 2021
widely distributed income range than in nations income even if enjoys more absolute have how meaningful such comparisons are. There been a widening gap between productivity median incomes since the 1970s. The primary cause for the gap between productivity income growth is the decline in per capita hours worked. Other causes include rise non-cash as share of worker compensation (which aren't counted in CPS income data), immigrants entering the labor force, distortions including the use of different inflation adjusters the BLS and CPS, gains being skewed toward less sectors, shifting from to a gap-driven wage disparity, being falsely inflated by hidden technology-driven depreciation increases and import price measurement problems, and/or a natural period adjustment following surge during postwar According a 2018 study OECD, given that the unemployed and almost no government support and are further set by a weak collective bargaining system, the U.S. much higher income inequality and a larger percentage low-income workers than almost any other developed nation. Household net worth and wealth inequality As 2017, total household net in the United was record trillion, increase of trillion from 2016. This increase reflects both stock market and housing gains. This measure has been setting records since Q4 2012. evenly, $99 trillion represents average of $782,000 per (for 126.2 million households) or person. median (i.e., of families above and below level) was $97,300 in 2016. bottom 25% of families of zero, while the 25th to 50th percentile a median net worth of $40,000. Wealth is more unequal than income inequality, with the top 1% households owning 42% of worth in 2012, versus 24% in 1979. According a September 2017 report the Federal Reserve, wealth inequality is at record highs; top controlled 38.6% the country's wealth 2016. The Boston Group posited in report that of Americans of country's wealth by 2021
 widely distributed income raNge than in nAtionS wiTh aRtIficIal iNcome compressiON, eveN if one enjoys more absoluTe mobIlITy in THe u.S., and Have queSTiONEd hOw MeAniNgFUl Such iNteRnationAl comparisOns ArE.

There has beeN A wIdening gap BetWeen productiVitY and meDiAn iNComes SinCe the 1970S. The prIMary caUse for the GaP BetweeN ProductIVItY and Income growth is the DEcLIne in per capita Hours wOrKEd. oTHer CauSes include ThE rise IN non-casH BeNEFIts AS a share of workEr compensatIOn (wHich arEn'T coUNted in cPS inCoME daTa), immigrantS entEring the lAbor foRCe, statiSTical diStortiOns IncLudiNG tHe Use Of DIffEReNt iNFlaTion adjuStErS by thE BLS AND cpS, prOduCtivIty gaIns being skeweD toWard LEss Labor-IntenSive SeCtors, Income ShiftInG from labor to capItal, A skill gap-DriVeN waGe DispaRIty, proDucTivIty beinG falselY InfLaTED By Hidden technology-drIvEN DePreciatiOn incrEAsEs ANd import PrIce MeasUREment ProbLEmS, and/or a nAtural PErIoD of adjuStMent foLlOwiNg aN incoME surGe duriNg aberraTionaL Postwar circumsTAnces.

AccordinG To A 2018 STuDY by tHe OeCD, given thaT the UNempLoyeD AnD at-RIsk woRkers GeT AlMOst no government suppOrT and arE furtHer set back by a Very weak coLLECtive barGainINg SYstem, the U.S. has mUch hiGher income INequalitY and a Larger peRcentage oF LOw-income WorKerS thAn aLMOsT any other deveLOPed nAtIon.

HousEhoLd net woRth And WeaLth InEquality

AS of Q4 2017, totaL hOuSeHoLd nEt worTH in the UnItEd STaTes Was a rECord $99 trIllioN, an iNcReASe oF $5.2 trilliON fROM 2016. ThiS iNcReasE reFlEcts bOth sTOck Market aNd housing PriCE gaiNs. thIs measuRe has been settInG records siNcE Q4 2012. IF dividED Evenly, thE $99 trillion represents an avERage of $782,000 pEr hOusehOld (fOr about 126.2 miLliOn housEhoLDs) or $302,000 peR persoN. HoweVeR, meDIAn houSEHoLd nEt Worth (i.e., halF OF thE famiLiEs abOve and bElow this level) was $97,300 in 2016. tHe bOttom 25% of familiEs hAd a mEDIaN neT WoRTh oF zERo, wHILe the 25th to 50th percEntile had a MeDIaN net worth oF $40,000.

weaLtH inequaLity is mOre unEQual thaN income inEquality, wItH the TOP 1% hoUseholds owNing apprOximately 42% OF the nET wOrth iN 2012, veRsus 24% in 1979. acCorDing tO a SeptEMbeR 2017 repoRt by thE FEderal reserVe, Wealth inEquality is at record highs; The top 1% ContrOllEd 38.6% of the coUntRY's wEalth in 2016. ThE BosTon ConsultIng groUp posIteD In JunE 2017 repORt ThaT 1% Of the amerICans will cONtRol 70% OF CoUntry's wealtH BY 2021
 widely distributed income  range tha n innat ion swith  art ificial income comp ression, even if one e njoys  m o re a b so lutemobilit y  i n the  U .S .,an d  h ave q ues tionedhow meanin gfu lsuch interna t io nal compar iso ns are.

The rehas be en  aw ideni nggap b etween produc tivity an dm ediani ncomess i nc e th e 1970s. The prim a ry cause for thegap be tw e en p rod uct ivity andin comeg rowth i s  t h e dec l ine in per ca pita hoursw ork ed. Ot he r c a uses i nclud et herise in non -cas h benefit s as a share o f  worker  compe nsa tio n (w h ic hare n' t  co u nt edi n C PS incom eda ta),immi g r a n ts e nte ring  thelabor force,sta tist i cal  dist ortio ns i nc ludin g theuse o fdifferent infla tion  adjuster s b ythe  B LS an d  CPS,pro duc tivitygains b e ing  s k e w ed  toward less labor -i n t en sive sec tors,i nc om e  shiftin gfro m la b o r tocapi t al , a skil l gap- d ri ve n wagedi sparit y,  pr odu ctivi t y be ing fa lsely in flate d  by hidden tec h nology-driven de p r ec i atio n i ncreases an d im p ortpric e  m eas u remen t pro bl e ms ,  and/or a natural p er iod of  adju stment follow ing an inc o m e  surge d urin g  a b errational pos twarcircumstan c es.

Acc ordin g to a 2 018 study b y the OE CD,  gi ven  th a t  t he unemployed a nd a t- risk wo rke rs getalm ost  no  go ve rnment su pport an dar efu rth er se t  back by  a  ve ry  we ak co l lectiv e bar gain in gs yst em, the U. S .  has  m uc h hi ghe rincom e in e qua lity an d a large r p e rcen ta ge  of low -income worke rs  than almo st  an y othe r develope d nation.

Household ne t  worthand  weal th i nequality 

A s of Q 4 2 0 17, to tal ho useho ld  ne t worth i nthe  U nited Stat e s  wa s a r ec ord$99 tri llion, an increase of$5.2 trillion  fr om 2 0 1 6.  Th i si ncr ea s e r e f lects both stoc k market a nd ho using pric e  ga in s. This  measur e has been se tting rec ords sinc eQ4 2 0 1 2.If divided  evenly,  the $99t rilli o nrepre sen ts anav era ge of  $782, 0 00per h ouseho ld  (forabout  1 26.2 mil lion households) or $30 2,000per p ers on. Howev er, med ian house hold  net worth  (i .e. , hal f o f  thefami l ie s a b ove a nd b e low thisl ev el) w as  $97,300 in 2 0 16.  Thebot t om 25%  offamilies had a me d ian net worthof z e r o,whi l e th e25th to 50th p erc en t i le had a  m edian net w orth of$4 0 ,000. 

Weal th ine quality i sm ore un equa l t han incom e i ne q uality,  w it h  the t op 1 %househ olds o w ning a pproximately 42%  of t h e  netw ort h in20 12, ver s us 2 4% in 1979 . According  to aSept ember  2017 r ep ort by  th eFederal Re s erve, wea lth i nequali ty  isatrecord  hig h s ; the  top  1 % c ontrolled 3 8. 6 %of the  cou ntry' sweal th in 201 6 . The Bo sto n  Consul ti ngG r oup po s it e d  in June 2 017  repo r t  that 1% o f  the Am e rican s will  contr ol 70%o f c ou ntry'swea l t h by 2021 
 widely_distributed income_range than in nations_with artificial_income_compression, even_if_one enjoys more_absolute mobility in_the U.S., and have_questioned how meaningful_such_international comparisons are.

There has been a widening gap between productivity and median incomes since_the_1970s. The_primary_cause_for the gap between productivity_and income growth is the_decline in_per capita hours worked. Other causes include the_rise_in non-cash benefits_as a share of worker compensation (which aren't counted_in CPS income data), immigrants entering_the labor force,_statistical_distortions_including the use of_different inflation adjusters by the BLS_and CPS, productivity gains being skewed_toward less labor-intensive sectors, income shifting from_labor to capital, a skill gap-driven_wage disparity, productivity being falsely_inflated by_hidden technology-driven depreciation increases and_import price measurement_problems, and/or_a natural period_of adjustment following an income surge_during aberrational postwar_circumstances.

According to a 2018 study by_the_OECD, given that_the_unemployed_and at-risk_workers get almost_no_government support_and_are further set back by a_very_weak collective bargaining system, the U.S. has_much higher income inequality_and_a larger percentage of_low-income workers than almost any_other developed nation.

Household net worth and_wealth inequality

As_of Q4_2017, total household net worth in the United States was a_record $99 trillion, an increase of_$5.2 trillion from 2016._This increase_reflects_both stock market_and_housing price_gains. This measure has been setting records_since Q4_2012. If divided evenly, the $99_trillion represents an average_of_$782,000 per household (for about 126.2_million households) or $302,000 per person._However, median household net worth_(i.e.,_half_of the families above and_below this level) was $97,300 in_2016. The bottom_25% of families had a median net_worth_of zero, while the 25th to_50th_percentile had a median net worth_of_$40,000.

Wealth_inequality is more unequal than_income inequality, with the top 1%_households owning approximately 42% of the net worth in_2012, versus 24%_in 1979. According to a_September_2017_report by the Federal Reserve, wealth inequality is at record_highs; the_top 1% controlled_38.6% of the country's wealth in 2016. The Boston Consulting_Group posited in June 2017 report that_1% of the Americans will control 70% of country's wealth by_2021