July 2018 Median Household Income in the U.S.

Re:July 2018 Median Household Income in the U.S. by cryoshon on Sunday October 07, 2018 @11:21AM (#18160983)

the chart shows that in inflation-adjusted terms we've lost ground relative to the year 2000. and of course, prices have skyrocketed for essential goods like healthcare.

and new essential goods are necessary now, too. think internet and phone, neither of which were as expensive or as necessary in 2000.

then there's the unprecedented level of student loan debt.

so yeah, people are far poorer now.

i'm tempted to say that the unemployment stat isn't real either. 5% unemployment is supposed to be churn, yet we're beneath that, which means people are afraid to leave jobs or there is some other thing that the stats are hiding.

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Re:July 2018 Median Household Income in the U.S. by trophycase on Sunday October 07, 2018 @12:34PM (#18161376)

IIRC, the unemployment number comes has eligibility requirements. Meaning some NEETs are no longer part of the statistic if they've been out of the workforce for too long.

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