While Connecticut's workers and families are still not as well off in 2012 as they were in 2008, the declines in median income that hit in 2009, and especially, in 2010, have stopped.
Median income — the point at which half of households make more, half make less — hovered between $67,200 and $67,300 in both 2011 and 2012, when 2011's figure is adjusted for inflation. The difference is within the margin of error; the estimates are based on the ongoing American Community Survey run by the U.S. Census. The latest numbers came out Thursday.
The fact that median income is stalled, and at a low level, reflects what's going on in the economy generally. While layoffs have declined to normal levels, hiring has not, so unemployment stays stubbornly high. Connecticut's unemployment rate has been hovering around 8 percent for seven months.
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With high unemployment, fewer households have two full-time workers, and employers face no pressure to offer higher starting salaries, or raises that do more than just keep up with inflation.
Maryland has the highest median income in the nation, at $71,122, and New Jersey is No. 2, at $69,667. Connecticut ranks third.