The Great Recession lowered top incomes by 4%, median incomes by 9%, and bottom incomes by 20%—due to this group’s higher long-term unemployment.
Recent Posts
- Teaching About Adjusting for Inflation | Bring FRED into the Classroom | January 2023
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- Teaching About Income and Wealth Inequality | Bring FRED into the Classroom | November 2022
- Teaching the Economics of Sports | Bring FRED into the Classroom | October 2022
