Released: August 27, 2008

Uninsured total shrank, incomes rose in 2007

Source: Dennis Cauchon and Julie Appleby, USA Today

Despite an economy starting to wobble, incomes were up and more people had health insurance last year, the Census Bureau reported Tuesday. Income inequality even shrank a bit.

The snapshot was taken before 2008, when the housing market collapse accelerated and job losses soared.

The nation has lost 463,000 jobs since the start of 2008, after adding 1.1 million in 2007, so it’s not clear whether the economic gains of last year are continuing.

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Keywords

Health Insurance, Income, Jobs