Americans Saw Wealth Plummet 40 Percent From 2007 To 2010

摘要

A June 1 st report by the Labor Department noted that the nation's economy added only 69,000 jobs in May, bringing the unemployment rate to 8.2 percent. Here, a look at the fallout from our troubled economy and the troubles of economies overseas.rnThe recent recession wiped out nearly two decades of Americans' wealth, according to government data r released in June, with middle-class families bearing the brunt of the decline. The Federal Reserve said the median net worth of families plunged by 39 percent in just three years, from $126,400 in 2007 to $77,300 in 2010. That puts Americans roughly on par with where they were in 1992. The data represent one of the most detailed looks at how the economic downturn altered the landscape of family finance.