I looked at that article, and think they are misrepresenting the data.
First they show that the percentage of people employed is now higher, and later on that the median family income is slightly higher adjusted for inflation.
To support a family now you generally need dual income, whereas you didn't used to need to. So you're seeing dual income families now with slightly more income than single income families had generations ago. However, they have much higher expenses because they don't have someone working full time at home.
First they show that the percentage of people employed is now higher, and later on that the median family income is slightly higher adjusted for inflation.
To support a family now you generally need dual income, whereas you didn't used to need to. So you're seeing dual income families now with slightly more income than single income families had generations ago. However, they have much higher expenses because they don't have someone working full time at home.