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Income inequality grows locally
May 20, 2019 12:23 am
Diego Mendoza-Moyers reports in the Albany Times Union that a report shows that economic inequality is growing in the Capital Region and across the United States. "Data from the Capital District Regional Planning Commission also show that, since 1990, household incomes in the four Capital Region counties have decreased in black, Asian and Hispanic households, and increased modestly in white households," Mendoza-Moyers writes. "The middle class share of the overall prosperity of the region is shrinking in a number of ways," said Mark Castiglione, executive director of the Capital District Regional Planning Commission. Since 1980, the gap between what workers in the Albany area at the 90th percentile made and what workers at the 10th percentile made has grown by 23 percent. Read the full story in the Albany Times Union.