Return to EPI Newsroom | Browse news by TOPIC | Browse archived news by DATE | Search archived news releases by KEYWORD

NewsFlash: August 27, 2008

Working families shortchanged

The new report from the Census Bureau makes it official: The 2000-2007 recession and tepid recovery cost the median working-age household some $2,000, after inflation, in lost income.

In today’s Snapshot, Jared Bernstein, director of EPI’s Living Standards Program shows what might have been. If the recovery of the 2000s had kept pace with the recovery of the 1990s, households would have gained about $3,600 instead of losing ground. 
——————————————————————————–
For interviews or more information, contact the EPI Communications Department at 202-775-8810 or news@epi.org.

Click here for how to describe EPI.