WWW.DAILYTITAN.Com JUNE 7, 2007 VOLUME 4, No. 4 30-somethings make less today Real wages and buying working man,” Pinal Modi, accounting major, said. power are down from 30 While the average American man’s average income has decreased, family in- years ago, study finds come has risen slightly because there are more women entering the workplace. BY RICHARD CONLYN Still, the income from these families has Summer Titan Staff Writer shown a steady decline in growth. The
[email protected] report states that there is a slow drop in the rate of growth, which is currently American men in their 30s today, on at 9 percent, compared to the previous average, are making 12 percent less than generation, which was at 32 percent. their fathers’ genera- “There are several tion did, according factors to consider to a study released by The crisis is grow- when looking at this The Economic Mo- “ study. Along with bility Project. ing, and factors like the convergence of The report states women in the work- that men in their 30s divorce and inflation place, there is an in 1974 had a median have played a role in impact and change income of $40,000 the decline of income. “ in the economy with in modern dollars, the influx of immi- compared to men in – Pinal Modi grants that are in the SO CAL HOCKEY 2004, who made an CSUF Accounting Student workplace today,” - The Anaheim Ducks average income of said Robert Mead, won the Stanley Cup $35,000. Cal State Fullerton Wednesday. They dom- “The American professor of econom- inated the Senators, dream has been premised on this bed- ics.