Wednesday, September 13, 2017

"the gender gap in wages narrowed last year for the first time since 2007"

From the Milford Daily News, articles of interest for Franklin:

"In a stark reminder of the damage done by the Great Recession and of the modest recovery that followed, the median American household last year finally earned more than it did in 1999. 
Incomes for a typical U.S. household, adjusted for inflation, rose 3.2 percent from 2015 to 2016 to $59,039, the Census Bureau said. The median is the point at which half the households fall below and half are above. 
Last year’s figure is slightly above the previous peak of $58,665, reached in 1999. It is also the first time since the recession ended in 2009 that the typical household earned more than it did in 2007, when the recession began. 
Trudi Renwick, the bureau’s assistant division chief, cautioned that the census in 2013 changed how it asks households about income, making historical comparisons less than precise. 
Still, the Census data is closely watched because of its comprehensive nature. It is based on interviews with 70,000 households and includes detailed data on incomes and poverty across a range of demographic groups."

Continue reading the article online (subscription may be required) is a welcoming website chock full of information. Every time I visit, I have to be careful not to get lost following the info and the various paths it can lead.

Franklin's quick stats can be found here,MA/PST045216

 Franklin's quick stats can be found here
 Franklin's quick stats can be found here

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