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What Recovery? Household Incomes Plummeted After ’09
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Oct. 19, 2011 | In the two years after the recession officially ended in June 2009, the median household income continued to plummet, dropping bemire than $3,500 to $49,909. That represents a decline of 6.7% in the first two years of the recovery, more than twice the rate of decline during the recession. Check out this chart at Main St.
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