Americans Got Raises Last Year for First Time Since 2007

 The 5.2 percent increase in median household income doesn’t mean that individual wages have gone up by that amount, cautioned Christopher Jones, senior vice president at the Manhattan-based Regional Plan Association, whose area of focus includes Long Island. Household income is affected by wages, and also by how many people in a household are working, he said. “You combine those things and you get higher household income,” Jones said.

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