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Editor, Senior Moderator
Source: http://www.latimes.com/business/mon...recovery-study-finds-20120823,0,6601675.story
Household income fell 4.8% during economic recovery, study finds
By Ricardo Lopez
August 23, 2012, 3:47 p.m.
American household median annual incomes have fallen 4.8% since the recession ended, from $53,508 in June 2009 -- when the recession technically ended -- to $50,964 in June of this year, a study found.
But for some subgroups, such as African Americans and those without a college degree, the declines were even starker, according to a study conducted by Sentier Research, an Annapolis, Md.-based research group...
Household income fell 4.8% during economic recovery, study finds
By Ricardo Lopez
August 23, 2012, 3:47 p.m.
American household median annual incomes have fallen 4.8% since the recession ended, from $53,508 in June 2009 -- when the recession technically ended -- to $50,964 in June of this year, a study found.
But for some subgroups, such as African Americans and those without a college degree, the declines were even starker, according to a study conducted by Sentier Research, an Annapolis, Md.-based research group...