Sunday, September 20, 2020

Opinion | The Increased Wages of Progress

In case you missed it, and many of the media did, the Census Bureau reported Tuesday that the median family revenue in 2019 grew a whopping 6.8%—the most important annual enhance on document. Whereas this 12 months’s government-ordered lockdowns will erase these positive aspects within the brief time period a minimum of, it’s nonetheless price highlighting how lower-income employees and minorities benefited from quicker progress and a tighter labor market earlier than the pandemic.

Actual median U.S. family revenue final 12 months rose by $4,379 to $68,709. In greenback quantities, that is…

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