Commentary: Workers Are Doing Well, But Will It Last?

Most Americans raked it in again last year as the U.S. economy continued its astonishing boom. Annual household incomes bested inflation by 2.7% last year, hitting $40,816, the highest level ever, according to the latest numbers released by the Census Bureau on Sept. 26. The poverty rate fell again, to 11.8%, the lowest level in 11 years, the bureau also reported. And while the gap between the rich and the poor didn't decline, at least it didn't get any worse.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.