income gap

Economics
10:42 am
Tue March 3, 2015

Income Is Only One Of The Ways South Florida Is Segregated

South Florida is of the most economically segregated metro-areas in the US. Housing developments like Liberty Square, contribute to some of the separation of the rich and the poor, but it's isolated rich enclaves that make that segregation the most pronounced.
Credit Creative Commons

A new study from the University of Toronto's Martin Prosperity Institute ranks South Florida in the top 10 percent most segregated metro areas in the United States.

“Segregated Cities” ranks the degree to which 359 metro areas nationwide are segregated by income, education achievement, type of occupation and overall segregation. South Florida is 39th in the study's overall evaluation.

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Wages
2:28 pm
Mon September 1, 2014

In Florida, Labor Not Doing Well This Labor Day

Credit Flickr / elycefeliz

Labor Day was created to celebrate the country’s labor movement and its social and economic achievements, but a new study from FIU’s Research Institute on Social and Economic Policy (RISEP) may dampen some of this year’s celebration.

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How Much Is Enough?
12:50 pm
Thu February 6, 2014

Here's What It Takes To Make Ends Meet In South Florida

Should the contents of this, or similar, grocery carts be used to determine the poverty line?
Credit Wilson Sayre

According to the federal government, "enough" is a simple, five-figure amount: $23,850. That's the poverty line. It marks a distinction between who is poor and who is not, who doesn’t have enough money to make ends meet and who does.

But over the past month, I've asked you to tell me what you think it really takes to live in South Florida. Your answers averaged about $47,600 a year -- almost exactly twice the federal poverty level.

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Topical Currents
1:00 pm
Tue October 22, 2013

Ending Poverty in America

10/22/13 - Tuesday's Topical Currents is with Georgetown University law professor and author Peter Edelman.  He’s written SO RICH, SO POOR:  Why It’s So Hard to End Poverty in America.  The US has the highest child poverty rate in the industrialized world.  Income disparity is at its highest point since the great depression.  One-half the jobs in the nation pay less than $35,000 per year. Learn more at 1pm on WLRN.

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Income Mobility
11:56 am
Thu August 22, 2013

If You're Poor In Florida, You're Better Off Working In Miami

Above is a map from the study by a team of top economists. Lighter colors represent areas where low-income children are more likely to rise up to a higher income level.
Credit Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez / http://www.equality-of-opportunity.org/

Children from low income families in Florida have the best chance of achieving a higher income level if they grow up in Miami.

Surprised?

I was.  Based on my layman's understanding, I thought we would have low rates of income mobility.

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