Real median income stagnates
Men Who Work Full-Time Earn Less Than 40 Years Ago
Excerpt:
The real median income of American men who work full-time, year-round peaked forty years ago in 1973, according to data published by the U.S. Census Bureau. In 1973, median earnings for men who worked full-time, year-round were $51,670 in inflation-adjusted 2012 dollars. The median earnings of men who work full-time year-round have never been that high again.Comment: In February of 1973 (when I basically began my career
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- June 1971: Graduated from college (University of Cincinnati)
- Summer 1971: Campus Crusade for Christ training at Arrowhead Springs California
- 1971-72 school year: CCC at University of Buffalo
- Summer '72: Pastoral internship
- Fall '72: My abortive attempt at seminary school (Chattanooga, Tennessee)
- February '73: Hired by IBM and moved to Tampa Florida
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