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    Rich Got Richer Post-Recession

    U.S. one-hundred dollar bills are seen in this photo illustration at a bank in Seoul August 2, 2013. Picture taken August 2, 2013. South Korea's foreign reserves jumped to a record high in July, the central bank said on August 5, 2013, appearing to support traders' suspicions of dollar-buying intervention by currency authorities last month. The reserves stood at $329.71 billion at the end of July, up $3.27 billion from June, the Bank of Korea said in a statement, attributing the rise to management gains and the appreciation of the euro in July, which the Bank of Korea said was up 1.8 percent against the dollar last month. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: BUSINESS) - RTX12AL7

    Kim Hong-Ji/Reuters

    The spoils still go to the victors. The recovery from the Great Recession has favored the wealthy, according to a new article by Labor Department economist Aaron Cobet. Data shows that the top 20 percent of earners received more than 80 percent of the rise in household income between 2008 and 2012. For the bottom 20 percent, income fell.

    Read it at Bureau of Labor Statistics