Showing posts with label U.S. middle-class incomes reached highest-ever level in 2016. Show all posts
Showing posts with label U.S. middle-class incomes reached highest-ever level in 2016. Show all posts

Wednesday, September 13, 2017


By Washington Post, Sep. 12, 2017

The incomes of middle-class Americans rose last year to the highest level ever recorded by the Census Bureau, as poverty declined and the scars of the past decade’s Great Recession seemed to finally fade.

Median household income rose to $59,039 in 2016, a 3.2 percent increase from the previous year and the second consecutive year of healthy gains, the Census Bureau reported Tuesday. The nation’s poverty rate fell to 12.7 percent, returning nearly to what it was in 2007 before a financial crisis and deep recession walloped workers in ways that were still felt years later.
Read More: https://www.washingtonpost.com

Join us - become an Elderado today at:
LarryElder.com

Follow Larry Elder on Twitter

"Like" Larry Elder on Facebook