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The higher growth wages



In case you missed it, and most of the media did, the Census Bureau reported on Tuesday that the median household income in 2019 grew by as much as 6.8% – the largest annual increase recorded. While this year's government lockouts will at least erase these gains in the short term, it is still worth highlighting how low – income workers and minorities benefited from faster growth and a tighter labor market before the pandemic.

Real median household income in the United States last year increased by $ 4,379 to $ 68,709. In dollar terms, this is …


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