Boots & Sabers

The blogging will continue until morale improves...

Owen

Everything but tech support.
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1030, 15 Sep 20

Median Household Income Was Highest in 50 Years Before Rona

Let’s get back to this, mmmmkay?

(CNN)Median US household income was $68,700 in 2019, the highest since 1967, the first year records were kept, according to inflation-adjusted data released by the Census Bureau Tuesday.

That’s up 6.8% from the year before.
The poverty rate fell to 10.5% last year, the lowest since 1959, Census said. That’s down about 1.3 percentage points in 2018. Some 34 million were in poverty, 4.2 million fewer than the year before.
All these gains, however, were upended by the coronavirus pandemic this year, which resulted in the steepest decline in employment on record. While millions of jobs have come back, some 13.6 million Americans remained unemployed in August.
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1030, 15 September 2020

5 Comments

  1. MjM

    “All these gains, however, were upended by the coronavirus pandemic this year,…”

    No, but it was trashed by stupid politicians who forced lockdowns and shutdowns based on fraudulent “science” backed by a screaming media.

  2. Kevin Scheunemann

    Trump deserves 8 more years.

  3. Mar

    Thank you Governor Evers: From The Tommy Bartlett Show.

  4. Le Roi du Nord

    And what about the 22nd Amendment, k? Or are those sort of things of little meaning to wannabe dictators like you?

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