CNN Money Explores NYC's Income Gap
CNN Money, 1.9.14
In his inaugural address, the city's first Democratic mayor in two decades said: "We are called to put an end to economic and social inequalities that threaten to unravel the city we love." But that will be a Herculean lift. A new report from the City University of New York's Graduate Center shows that the gap has become a canyon since 1990. Median income has soared for those at the top, but it has stagnated on the lower rungs.
Submitted on: JAN 9, 2014
Category: Center for Latin American, Caribbean, and Latino Studies, GC Press Coverage