Economy

America's Wage Gap Just Keeps Getting Worse

Since the recession, low-income households have turned into low-income regions.
Workers demonstrate for a wage hike in front of McDonald's Illinois headquarters in May 2014REUTERS/Jim Young

The economic paradox facing the United States becomes clearer every day: Even as the economy recovers, the gap between the haves and have-nots gets worse.

The U.S. economy now has more jobs than it did before the Great Recession. But the jobs being added are largely low-paying ones, and the wage gap between high and low income earners has grown substantially, according to a new report released this month by the U.S. Conference of Mayors and based on analysis from IHS.