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‘Two decades with no progress for the middle class’: New census data shows household income is the same as in 1999

 A man looks over employment opportunities at a jobs center in San Francisco, California, U.S, February 4, 2010.   REUTERS/Robert Galbraith/File Photo

  • The economy lifted more Americans from poverty in 2018 but failed to drive broader economic progress across households.
  • Median incomes were essentially flat after three years of growth last year, the Census Bureau said in a report Tuesday.
  • The median household income was $63,179 last year, statistically unchanged from 2017 and near where it stood in 1999.
  • The figures suggested rising inequality has continued to undermine progress during the longest expansion on record.
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The longest expansion on record lifted more Americans from poverty in 2018 but failed to drive broader economic progress across households, read more >>>

Source:: BusinessInsider.Com