
“Research released Thursday by a firm created by two former Census Bureau officials revealed that U.S. median household income fell almost 5 percent from June 2009, when the last economic recession was said to have ended, through June 2012. Americans age 55-64 took it on the chin during the post-recession period starting in June 2009, seeing household incomes plunge nearly 10 percent, according to data produced by Sentier Research (PDF). Younger Americans ages 25-34 also saw their incomes drop by nearly 9 percent.”
Related posts:
Bank of Cyprus savers could lose up to 60%
U.S. criticizes ‘unnecessary’ EU rules on genetically modified crops
Senators skip classified briefing on NSA snooping to catch flights home
Republican Rep. Chris Smith pushes for war crimes tribunal on Syria
U.S. government will finally retire most research chimpanzees but retain 50
Woman taken down, handcuffed for not showing rental agreement quickly enough
The ghosts of America's Cold War surveillance network pictured crumbling in Berlin
UN: New generation of secret British courts could conceal torture collusion
Western governments set to target tech giants over tax avoidance
Forbes: 1.6 Billion Rounds Of Ammo For Homeland Security? It's Time For A National Conversation
U.S. arms sales nearly triple in 2011, researchers say
Google, Facebook, Microsoft: steady rise in surveillance data requests
Blackstone Funding Largest U.S. Single-Family Rentals
Deloitte Rep. Warns China, Hong Kong To Sign FATCA Agreement
Iran Stock Fever Reaches London as Firms Rush to Build Funds