September 16th, 2011
02:35 PM ET

Fact: Median household income down over $3,000 in three years

Real median household income was $49,445 in 2010, a 6.4 percent - or $3,378 - decrease from 2007, according to new data from the U.S. Census Bureau. Between 2009 and 2010 alone, that number declined by 2.3 per­cent, or $1,154.

This Sunday at 8pm ET, Fareed Zakaria will explore how to bring jobs back to the U.S. in a special edition of CNN GPS called "Restoring the American Dream: Getting Back to Work."

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Topics: Daily Fact • Jobs

soundoff (4 Responses)
  1. fernace

    A big problem is that salaries don't keep step with inflation! Any1 who's tried to stretch their dollars in the grocery store, knows what I'm talking about! Why has Dollar Tree become so popular? Why are so many of us dependent on Snap/Foodstamps? Prices keep going up, but salaries stay the same! Those who do have a salary are lucky & not apt to complain lest they be fired for whatever trumped up reason! There are hundreds of applicants waiting to take over any position, at any job right now & employers know this! We are living in unstable times & hope to make it through! It's up to the people, the government is not much help, as usual!!

    September 16, 2011 at 5:34 pm | Reply
  2. j. von hettlingen

    Salaries in sinking and inflation on the rise, that's double mishap and makes the going even tougher!

    September 16, 2011 at 6:27 pm | Reply
  3. The Agnostic One

    For so many centuries Humanity has fallen into the same patterns. Wherever Freedom and Liberty occur in this world, there is always Greed and "Progress" getting in the way of growth. What many forget about the Great Depression is that a major factor of Monopolies on Wall Street caused the crash. They manipulated public opinion into a selling frenzy after they dumped all their shares and drove down share prices. This cycle of poverty and greed and crime and desolation of the human spirit will need a spiritual revolution of some kind to move us into a new way of life. Yeah, sorry, I don't think it'll be gettin too much better for a while. I've never made more than $28,000 a year in my best year. I barely cleared $13,000 last year. What does my statistic say?

    September 18, 2011 at 2:02 am | Reply

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