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Real Male Earnings Below 1973 Level: Median Household Income Improvement Entirely Due to Rising Female Earnings

IMG Auteur
Mish
Global Economic Analysis
Published : September 13th, 2017
108 words - Reading time : less than a minute
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Category : Opinions and Analysis

The Census Bureau report Income and Poverty in the US 2016 shows real household income in the US hit a new record high of $59,039 in 2016 thanks to a methodology change and rising incomes of women.

Real, inflation adjusted, earnings of men are below where they were in 1973.

Men vs Women

Methodology Change Impact on Earnings

Methodology Change Impact on Poverty

New Record

The Wall Street Journal reports U.S. Household Incomes Rose in 2016 to New Record.

Widening Inequality

Hooray!

Slightly more than half of US households are now back to where they were in 2000.

When all else fails, change the methodology.

Mike “Mish” Shedlock
Source : mishtalk.com
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
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IMG Auteur
Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
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