The nation may be in better economic shape, but that doesn't mean Americans' paychecks are.
Median annual household income has fallen 4.4% to $52,098 in the four years since the economic recovery began.
Black Americans took the biggest income hit since the Great Recession ended.
Median household income for blacks dropped by more than $4,000 to $33,519. Whites, on the other hand, saw their median income slip just over $2,000 to $58,000.
Married couples and single women, meanwhile, have fared better than single mothers and men living alone.
And those who are starting and those nearing the end of their careers have also taken big income hits, while senior citizens saw their incomes climb.
Forget the "mancession" or the "he-covery." Men suffered the biggest job losses in the financial crisis, and also gained the most post-recession jobs.
But now, men and women have equal footing in the recovery.
As of November, both genders have gained back half the jobs they lost in the financial crisis, according to Labor Department data.
The recession hit male-dominated industries like construction and manufacturing, far harder than female-dominated industries like health care MOREAnnalyn Kurtz - Dec 9, 2012 2:27 PM ET
A weak August jobs report signaled hiring continues to slog along at a snail's pace, giving the Federal Reserve even more reason to enact more stimulative measures -- possibly as soon as next week.
The economy added just 96,000 jobs in August. And even though the unemployment rate dipped to 8.1% from 8.3% in July, any number above 8% is still uncomfortably high for the Fed. (Inflation, on the other hand, is MOREAnnalyn Kurtz - Sep 7, 2012 10:21 AM ET
The U.S. recovery has hit a speed bump this year, slowing significantly in the first half of 2012.
But that didn't seem to get the White House down. The Obama administration released surprisingly upbeat economic forecasts Friday, when it revised the President's budget to include recent data.
The White House expects the economy will grow 2.6% this year. While that is lower than its original forecast for 3% growth, it's still MOREAnnalyn Kurtz - Jul 27, 2012 3:44 PM ET
The Federal Reserve's Beige Book notes that more regions of the country have started slowing recently.
The report paints a picture of a "modest to moderate" recovery in June and early July, with better news coming from the housing market in particular. But one pocket of the country including the region surrounding New York, Pennsylvania and Ohio saw economic growth slow recently, the report said.
Previously, only the Philadelphia region had MOREAnnalyn Kurtz - Jul 18, 2012 2:24 PM ET
After winning primary votes in Connecticut, Delaware, New York, Pennsylvania and Rhode Island on Tuesday night, Mitt Romney bid adieu to his Republican opponents and turned his attention to President Obama and the general election.
In his victory speech, Romney argued that the president's economic policies have failed, and invoked Ronald Reagan's famous query to voters: "Are you better off than you were four years ago?" Here's what Romney said:
Four years MORECharles Riley - Apr 25, 2012 12:09 PM ET
The construction industry and state and local governments are among the biggest drags on the nation's economic recovery, President Obama said Wednesday.
If those two sectors were recovering as they have in previous recessions, the unemployment rate would be in the 6% range, the president told a group of digital journalists gathered at the White House.
If these areas were to have a similar rebound now, each one would take a point MORETami Luhby - Apr 4, 2012 7:20 PM ET
President Obama defended his energy policy on Thursday, and at the same time called out Republicans for promising lower gas prices while allegedly ignoring alternative sources of energy.
Without mentioning any of the candidates by name, Obama went so far as to suggest that the Republicans seeking the presidency are the kind of people who might deny that Earth is a sphere.
"A lot of the folks who are running for a MORECharles Riley - Mar 15, 2012 1:57 PM ET
As 2012 began, the United States was at a major crossroads. The economy was growing and the job market was improving. By more than a few measures, it appeared the recovery was finally gaining momentum.
Meanwhile, numerous threats still loom. Battered home values, global tensions and rising oil prices have kept consumers and businesses on the sidelines.
We've seen this all before. In the two-and-a-half years since the official end of the MOREKaren McGowan - Feb 27, 2012 10:49 AM ET
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.41%||4.35%|
|15 yr fixed||3.81%||3.75%|
|30 yr refi||4.38%||4.30%|
|15 yr refi||3.79%||3.72%|
Today's featured rates:
|Latest Report||Next Update|
|Home prices||Aug 28|
|Consumer confidence||Aug 28|
|Manufacturing (ISM)||Sept 4|
|Inflation (CPI)||Sept 14|
|Retail sales||Sept 14|