August 23, 1995 www.amazon.com Watch the full speech: thefilmarchived.blogspot.com Personal income represents the earnings of individuals and, therefore, directly reflects occupational status, achievement and educational attainment. While many, though not the majority, of income earners reside in households with more than one income earner, trends in personal income are more indicative of the job market and the economy than household income. Personal income has risen considerably since 1953, especially for female workers. For male workers, however, income stagnated during the 1970s and 1980s, increasing substantially during the 1990s and then stagnating once more since 2000. During the early 1980s, median earnings decreased for both sexes, not increasing substantially until the late 1990s. Since 1974 the median income for workers of both sexes increased by 31.7% from $18474 to $24325, reaching its high-point in 2000. Income inequality has increased considerably as well with the top 1% receiving much larger gains than all other demographics. This group has pulled ahead of other income earners including the remainder of the top 10% considerably during the past few years. Since the 1970s, inequality increased during the 1980s, decreased slightly during the late 1990s and has since continued its overall increasing trend. According to Gini index data income inequality among all workers with incomes increased by roughly 20% since 1967. Both increasing median income, largely <b>...</b>