A new study by the Economic Policy Institute, a left-leaning think tank, breaks down Labor Department data on hourly earnings to show income disparity even at the level of hourly wages. Someone earning $8.38 an hour is in the 10th percentile, meaning they earn more than 10% of workers, but less than 90%. At the 50th percentile, workers have been earning $16.59. At the top of the distribution, workers at the 90th percentile earn $40 an hour and those at the 95th percentile earn $52.23.
And since the recession began, wages have only been growing (and even then only modestly) for those at the top, according to the analysis by EPI economist Elise Gould.
via A Look at Income Inequality, Hour by Hour – Real Time Economics – WSJ.