Friday, August 23, 2013

Americans getting poorer quicker

By Donald Sensing

The recovery continues!


Worst off were African American households which, according to the study, saw a larger income drop since the end of recession than other groups.

Interestingly, increase in college enrollment during the recovery caused income to drop across all education levels.

Somewhat less surprisingly, households headed by unemployed persons were the hardest hit of all with a 21 percent decrease in average income.

I posted this graph earlier:


Bookmark and Share