May 11, 1997 |
Countering a long-term national trend, members of most minority groups in Southern California earn less compared with whites than was true nearly 40 years ago, according to a new study. The income gap widened most dramatically between Mexican Americans and non-Hispanic whites, the study shows. U.S.-born Mexican American men were paid about 81% of the median income of non-Hispanic white men in 1959, but the figure dropped to 61% by 1989.
January 10, 1997 |
Three days after President Clinton proclaimed the nation "on the cusp" of reversing its worst social problems, his outgoing Labor secretary issued an unusually public word of caution, warning that the continuing gap between rich and poor "threatens to blight an otherwise promising future." With pointed references to the president's campaign rhetoric, Robert B.
July 15, 1996 |
The gap between rich and poor in California has been steadily widening in the last three decades, as the rich got a little richer and the poor got a lot poorer, according to a study released today by a new California think tank. Though California's gap has generally mirrored the national income gap, "it has exceeded the nation in the last seven years--which is not something to be proud of," said Deborah Reed, principal author of "The Distribution of Income in California."
March 20, 1996 |
The income gap between the richest and poorest American families--a politically charged issue that figures to weigh heavily in this year's elections--kept widening during the early 1990s despite a recovering economy, a major new study reported Tuesday. The study, called the first comprehensive look at patterns of income distribution in the 1990s, said that the people who pulled ahead economically generally were older, highly educated and members of families headed by married couples.
CALIFORNIA | LOCAL
February 20, 1996 |
It is extremely likely that in the next decade the United States will experience a period of social unrest unequaled in this century. It will dwarf the protests of the late 1960s and early 1970s. The recent strikes and other demonstrations in France are a portent of what is to come for us. Several things lead me to this dreary prediction: % The growing disparity between the nation's rich and its poor.
July 18, 1995 |
Zhou Wei manages a department store in this prosperous eastern Chinese city and lives in a new three-story townhouse. Wang Baocai raises goats in Zhujiagou village, 600 miles away in north-central China, and lives in a cave. Despite the stark contrast in living conditions, Zhou and Wang have prospered during the 16 years of economic liberalization since senior leader Deng Xiaoping took power and turned Maoism on its head.
April 23, 1995 |
Labor Secretary Robert B. Reich is urging private business to help correct the widening income gap between rich and poor, saying the disparity threatens to "rip our society apart." Reich said Friday that most Americans shared equally in income growth from 1950 to 1978. Since then, however, "almost all the increase in average family income . . . has gone to the top fifth" of the U.S. population, he said.
April 8, 1994 |
The increased importance of technology in the workplace has resulted in a greater gap in workers' incomes, which has left Americans with a gloomy view of their economic future, Federal Reserve Chairman Alan Greenspan said Thursday. But the nation's central bank chief said the rapid technological change that created the gap would eventually close it, by making less-skilled workers more productive.