Male Wages Stagnate: Median Household Income Improvement Entirely Due to Rising Female Earnings

Mish Shedlock
By Mish Shedlock of Mish Talk
Investment Advisor Representative - Sitka Pacific Capital Management •

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.

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

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Methodology Change Impact on Earnings

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Methodology Change Impact on Poverty

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New Record

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

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Widening Inequality

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Hooray!

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

When all else fails, change the methodology.

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