Quick look at the 2019 census data:
Real median household income is up *61%* since 1967.
Incomes also up 14% since 2007, making this business cycle even better than the 1990s boom
Real median household income is up *61%* since 1967.
Incomes also up 14% since 2007, making this business cycle even better than the 1990s boom
Here it is by age group over the life cycle in 1979, 2000, and 2019
And by age since 1979. Even incomes for young households up 8% since 2007
Here's nominal year over year growth in median HH income vs the unemployment rate (inverted) obviously showing a strong relationship between the two
Smaller gains for men working full time but again, their best business cycle yet (up 6% in real terms since 2007 peak)
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