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San Diego County’s Income Inequality Increases Despite Falling Unemployment Rate

By inewsource

Income inequality in San Diego County continues to increase, despite some of the lowest unemployment numbers since the late 1990s.

That finding comes from an inewsource analysis of the Gini index, which is tracked by the U.S. Census Bureau and measures how evenly incomes are distributed in an area. The index is a number between zero and one, with a higher number equating to higher income inequality.

San Diego County’s Gini index increased to 0.47 from 2011 to 2016 — a jump of 2.5 percent.

“A rising tide isn’t lifting all boats,” said Peter Brownell, research director at the Center on Policy Initiatives, a San Diego nonprofit that advocates on behalf of the working poor. “It’s actually leaving behind most of the boats.”

Read the full article here: https://www.kpbs.org/news/2018/jan/05/san-diego-countys-income-inequality-increases-desp/

Written by
CPI San Diego
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Written by CPI San Diego