23 August, 2017

Incomes have been stagnant or falling for millions of Americans - Business Insider

Incomes have been stagnant or falling for millions of Americans - Business Insider:

A new paper titled "Lifetime Incomes in the United States over Six Decades" sheds some fairly definitive light on the lack of economic progress millions of Americans have experienced.
Among the most striking findings, published by the National Bureau of Economic Research and summarized here: The median male who turned 55 in 2013 earned $136,400 less in lifetime income, measured in 2013 dollars, than a 55-year-old 16 years earlier.


'via Blog this'