Notable Linkage: Pew Finds Economic Mobility Rates Differ for Canadians and Americans – The Pew Charitable Trusts

Excerpt:

Canadians and Americans do not have the same likelihood of climbing the income ladder and experiencing economic mobility, but not because of different underlying values or societal goals, according to new data released today by Pew’s Economic Mobility Project.

Sons born to Canadian fathers in the bottom third of the earnings distribution are more likely to make it to the top half of the distribution in adulthood than are sons of comparably low-earning American fathers. Of those who start in the bottom decile, for instance, nearly 40 percent of Canadian sons move to the top half of the distribution compared to 30 percent of American sons.

Pew Finds Economic Mobility Rates Differ for Canadians and Americans – The Pew Charitable Trusts

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