GOOD NEWS

The 99% Gets First Raise in 15 Years

For the first time in 15 years, there has been meaningful increase in the incomes of 99 percent of Americans. In 2014, average income per family saw a 4.8 percent boost, after inflation, thanks to the unemployment rate falling, according to a new study by University of California Berkeley Professor Emmanuel Saez. The rich also got richer: seeing an income jump of 10.8 percent last year. Due to this, income inequality has continued to rise.