Income gap for middle-age Americans jumps 21% in 20 years
The income gap is widening fastest for Americans between the ages of 35 and 44, according to new analysis from Bankrate.com. The divide between the increasingly rich and the ever-poorer grew by 21 percent for that age group between 1992 and 2012.
"These are key transition years," said Chris Kahn, a Bankrate analyst, in a statement. He blames high unemployment and stagnant wages for fueling the chasm and says those confluences make it "more challenging for people to stay in the middle class or move up."
The income gap rose 17.6 percent for people aged 45 to 54, well over the 10 percent average for all Americans, according to the analysis of U.S. Census data.
(Read more on the study from Bankrate.com)
[Watch more: The truth about income gap]