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August 30, 2006
Men and Women See Declines in Wages, Uninsured Rate Rises

The real (that is, inflation-adjusted) median earnings of both men and women who worked fulltime, year-round declined between 2004 and 2005, according to the Census Bureau.

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The real median earnings of men declined 1.8 percent to $41,386 between 2004 and 2005. The real median earnings of women declined 1.3 percent to $31,858. The ratio of female-to-male earnings for full-time, year-round workers was 77 cents on the dollar in 2005, about the same as in 2004.

While real wages for men and women declined, household income increased as a result of more money from investments and more members of the household joining the workforce last year, the New York Times reports.

Real median household income in the United States rose by 1.1 percent between 2004 and 2005, reaching $46,326 and making 2005 the first year since 1999 in which real median household income showed an annual increase, according to the Census Bureau.

Meanwhile, the percentage of people without health insurance coverage rose from 15.6 percent to 15.9 percent between 2004 and 2005.

The percentage of people covered by employer-based health insurance declined from 59.8 percent in 2004 to 59.5 percent in 2005.


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