Re: Please explain this line from Lou Dobb's recent column...



Households is a subset of males and females and households if they
contain many people in them have very high incomes. E.g. if a household
has 10 people in it each earning $50,000 then that's about half a
million per year. This could perhaps push the average household income
upwards. So household income may be high because the average household
contains more than one person.


Brablo wrote:
"Real median earnings of full-time working males fell nearly 2 percent
last year, according to the Census Bureau, while the real wages of
working women fell by 1.3 percent. Despite that, real median household
income did manage to rise slightly last year, though that small gain
was the first increase in household income since 1999."

.



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