Thursday, September 10, 2009

Census: Income fell sharply last year - USATODAY.com

Census: Income fell sharply last year - USATODAY.com: "Household income fell sharply and poverty rates rose in 2008 as the severe effects of the recession took their toll on Americans' finances, the Census Bureau reported Thursday.

Median household income dropped 3.6% to $50,303 in 2008, the bureau reported. That was the sharpest drop since at least 1967 and sent income to its lowest point since 1997"

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