The Economic Survey highlights how government welfare measures have improved income distribution and reduced poverty. It shows significant consumption gains among the bottom 5-10% of the population, ...

The following information was released by the United States Census Bureau: The U.S. Census Bureau today announced that real median household income was $83,730 in 2024, not statistically different ...

The idea of the poverty line dates back to 1963, when Mollie Orshansky, a statistician for the Social Security Administration, developed a method to measure how many families were unable to afford ...

As pandemic subsidies disappeared, wages kept workers just ahead of inflation, although gaps have widened for some groups. Data is the “supplemental” poverty rate, which accounts for taxes and ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Home to less than 5% of the global population, while ...

South Africa remains one of the most unequal countries in the world. The country’s per-capita expenditure Gini coefficient, a measure of how spending from income is distributed, stands at 0.65. This ...