The grim truth about the male income levels in the US

min wageAP

Men have suffered the brunt of the real-wage repression over the past four decades.
But the figure doesn’t include capital gains.
With investment returns included, the data becomes even more skewed. 

Women weren’t so lucky either. But who got the spoils?
On the surface, the annual household income data released by the Census Bureau today, looks mediocre. But beneath the surface, it looks grim – grim for whom? Ha, we’ll get to that.

So the mediocre news right up front:

Median household income in 2017, adjusted for inflation (via CPI), inched up a measly 1.8% to $ 61,372. “Household income” is the entire pre-tax “money income” of a household, including wages, interest, dividends, Social Security, Workers Comp, child support, and the like, but excluding capital gains. The mediocre news is that median household income has finally inched above where it had been 18 years ago, in 1999:

Screen Shot 2018 09 13 at 2.05.26 PMWolf Street

See the rest of the story at Business Insider

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SEE ALSO: U.S. incomes rose but inequality widened in 2017: data

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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