Friday, September 6, 2013

Incomes in the recovery

The recession ended in 2009 - they told us.  But according to CNN Money and Sentier Research, incomes across America took a hit from which they have not come back.

American incomes in general have declined since that, ahem, end of recession in 2009 by at least 4%.  But some incomes have declined by much more than that.

Demographic groups whose income has dropped the most are:

  • Non-Hispanic Black - 10.9%
  • Under age 25 - 9.6%
  • Men living alone - 9.1%
  • Single mothers - 7.5%

No comments:

Post a Comment