This policy brief examines the rapid income gains made among wealthy New Yorkers and stagnant incomes among the poor that have caused income inequality in New York City to become more extreme than in the nation as a whole, New York State and several other major cities. The authors find that gains have been so concentrated at the top of the income scale that the richest 5 percent of New York families now receive nearly 25 percent of total income, more than the bottom 60 percent combined. The brief also provides specific recommendations to address these issues.
Title: Deepening Disparity: Income Inequality in New York City
Publication date 2001-09-12
Publication Year 2001
Authors
Mark Elliott
Copyright holder(s)
Public/Private Ventures
Geographical Focus
North America / United States (Northeastern) / New York / Bronx County / New York City
Keywords
income
, labor force participation
, center on budget
, minimum wage
, income inequality
Document type
Issue/Policy Brief
, Text
Language
English
URL: https://ppv.issuelab.org/resource/deepening-disparity-income-inequality-in-new-york-city.html
Resource provided by IssueLab
Share the Collection
Use this form to customize and generate the code you need to display this content in your own environment - no programming required. The feed will inherit more specific styles, like font face and font color, from your website.
Your code
Preview
Modal content
resource.notifications.documents_incoming
Suggest a Report
Please use the form below to provide us with your recommendation, and we'll check it out. Include your name and email address along with your suggestion just in case we need to get in touch. Thank you for contacting us.