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Americans still worse off than they were four years ago

Aug. 22, 2013 4:42 AM ETBy: Yigal Grayeff, SA News Editor2 Comments
  • Median household income was $52,100 in June, 6.1% below its level in December 2007, when the economic slump began, a report from two former Census Bureau officials shows.
  • The figure is also 4.4% below the amount in June 2009, when the recession ended.
  • "Groups with low incomes tended to have steeper declines in income," Gordon Green, one of the authors of the report.
  • The only group in the study that have enjoyed an increase in income since the end of the slump are households headed by people aged 65-74.

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