BY Masao Suzuki | San José, CA | 9/22/14
On Tuesday, Sept. 16, the Census Bureau released their annual report on income and poverty for 2013. The report showed that the typical household had a small gain in their income for the first time since 2007. The median household income, at $51,939 was still below that of 1996, when adjusted for inflation. It is still down 8% from 2007 and 8.7% less than its peak in 1999.
BY Masao Suzuki | San José, CA | 10/10/13
Four years after the Great Recession of 2007-2009 officially ended, millions of working people are being left behind by the expansion of the economy.