Photo: Stephen Crowley/The New York TimesPresident Obama, talking about his jobs bill in a news conference Thursday, called the economic situation “an emergency.”
WASHINGTON — In a grim sign of the enduring nature of the economic slump, household income declined more in the two years after the recession ended than it did during the recession itself, new research has found. Between June 2009, when the recession officially ended, and June 2011, inflation-adjusted median household income fell 6.7 percent, to $49,909, according to a study by two former Census Bureauofficials. During the recession — from December 2007 to June 2009 — household income fell 3.2 percent.
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