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North Carolina experiences decade of growing wage inequality

Posted By Allan Freyer On August 29, 2012 @ 11:08 am In NC Budget and Tax Center | Comments Disabled

For many North Carolina workers, the 2000s were a lost decade. Despite the economic promise of the 1990s boom, incomes, wages, and employment stagnated for 80% (and overwhleming majority) of the state’s residents between 2001 and 2011. At the same time, however, the top 20% of North Carolina’s workers saw a significant increase in their wages, in turn driving wage inequality ever higher. For details on the troubling growth in the state’s wage inequality, see this week’s issue of Prosperity Watch [1].

Motivated by the trends in wage and income inequality revealed by Prosperity Watch, the Budget & Tax Center is hosting an upcoming gathering [2]with friends to highlight North Carolina’s growing gap between the hghest wage earners and everyone else–and the implications of this gap for the state’s long-term economic health.  Anyone interested in this important issue is welcome to attend the gathering, and enjoy an art exhibit entitled PoorQuality:Inequality [3], at the Duke University Center for Advanced Hindsight.  For more information and to RSVP click here [2].  Come join us!

 


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URL to article: http://pulse.ncpolicywatch.org/2012/08/29/north-carolina-experiences-decade-of-growing-wage-inequality/

URLs in this post:

[1] Prosperity Watch: http://www.ncjustice.org/?q=prosperity-watch-issue-16#16_4

[2] gathering : http://www.ncjustice.org/budget-and-tax/tweetup

[3] PoorQuality:Inequality: http://advanced-hindsight.com/2012/06/18/poorquality-inequality-2/

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