A new study released today by the U.S Census Bureau confirms what many already thought; the recession hit poor and middle class families the most.

According to an article about the story published by the Associated Press and picked up by other news outlets, “the wealthiest 10 percent of Americans — those making more than $138,000 each year — earned 11.4 times the roughly $12,000 made by those living near or below the poverty line in 2008, according to newly released census figures. That ratio was an increase from 11.2 in 2007 and the previous high of 11.22 in 2003.”

The report also indicates the national median income has decreased around $2,000 for every family in the poor/middle class demographic, while “income at the top 5 percent of households — those making $180,000 or more — was 3.58 times the median income, the highest since 2006.”

TAGS: economy, family, jobs, middle class, poor

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