The Rising Instability of American Family Incomes, 1969-2004 Evidence from the Panel Study of Income Dynamics

Source: Jacob S. Hacker and Elisabeth Jacobs, Economic Policy Institute, EPI Briefing Paper #213, May 29, 2008

Most Americans are aware that income inequality has increased in the last 30 years. Less well known is that income instability–how much families’ incomes fluctuate up and down over time–has also grown substantially.
See also:
Press release
Income volatility: Another source of growing economic insecurity

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