Women scarce in the one percent

Looking at income inequality reveals vast gender inequality as well, according to a new study. While the families earning in the top one percent of American household incomes receive nearly one-fourth of all U.S. income, the bulk of earning is done by men. Women’s income alone is sufficient for one percent status in only five percent of elite households. Moreover, women’s income contributes to achieving one percent ranking in only 15 percent of households.

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