Title: U.S. Income Inequality: Facts, Causes, Solution
Headings: 
U.S. & World Economies US Economy
Income Inequality in America
Understanding Wealth Inequality, Its Causes, and Solutions
Income Inequality Definition
How It’s Measured
Key Takeaways
Income Gap: Current Statistics
Income Inequality Has Worsened
Causes
A Global Perspective
Solutions
Article Sources

Content: But they must remain competitive. U.S. companies must compete with lower-priced Chinese and Indian companies who pay their workers much less. As a result, many companies have outsourced their high-tech and manufacturing jobs overseas. The United States has lost 36% of its factory jobs from 1980 to 2020. These were traditionally higher-paying union jobs. Service jobs have increased, but these are much lower paid. 11 ﻿﻿﻿ 12 ﻿﻿﻿
Education is also a powerful factor in improving economic mobility. Education increases the income that generates greater economic growth. Over a lifetime, Americans with college degrees earn 84% more than those with only high school degrees. 13 ﻿﻿ A McKinsey study found that this achievement gap cost the U.S. economy more than all recessions from the 1970s through 2008.