TERRIBLE NEWS FOR ALL YOU AMERICA HATING PUTIN LOVERS!
More Americans are making more money.
The U.S. Census Bureau released new numbers on Tuesday showing that, after a brutal economic recession and years of stagnation, real median household incomes rose from $53,718 in 2014 to $56,516 last year. That's a 5.2 percent rise — the first statistically significant increase since 2007.
But, as NPR's Pam Fessler notes, "the median household income was still lower than it was in 2007."
The official poverty rate decreased to 13.5 percent for last year, a drop of 1.2 percentage points. That represents 3.5 million people who are no longer in poverty and is the largest annual percentage point drop since 1999, the Census Bureau says.
http://www.npr.org/sections/thetwo-...us-bureau-poverty-rate-down-median-incomes-up
More Americans are making more money.
The U.S. Census Bureau released new numbers on Tuesday showing that, after a brutal economic recession and years of stagnation, real median household incomes rose from $53,718 in 2014 to $56,516 last year. That's a 5.2 percent rise — the first statistically significant increase since 2007.
But, as NPR's Pam Fessler notes, "the median household income was still lower than it was in 2007."
The official poverty rate decreased to 13.5 percent for last year, a drop of 1.2 percentage points. That represents 3.5 million people who are no longer in poverty and is the largest annual percentage point drop since 1999, the Census Bureau says.
http://www.npr.org/sections/thetwo-...us-bureau-poverty-rate-down-median-incomes-up