8 years ago
Poor at 20, Poor for Life
A new study indicates that from the 1980s to the 2000s, it became less likely that a worker could move up the income ladder.
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http://www.theatlantic.com
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The decline in lifetime earnings mobility in the U.S.: Evidence from survey-linked administrative data
Across the distribution of educational attainment, the likelihood of moving to the top deciles of the earnings distribution for workers who start their career in the middle of the earnings distribution has declined by approximately 20% since the early 1980s.
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