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Tuesday, September 13, 2016

Americans got raise last year for first time since 2007

WASHINGTON (AP) -- Americans finally got a raise last year after eight years of stagnating incomes.

The typical U.S. household's income rose 5.2 percent in 2015 to $56,516, the Census Bureau said Tuesday. Even with the solid gain, that remains below the median household income of $57,423 in 2007, when the Great Recession began. The median is the point where half of households fall below and half are above.

Read more... http://finance.yahoo.com/news/americans-got-raise-last-first-144054438.html
Americans got raise last year for first time since 2007

Reuters: Business News

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