OT: More great economic news - average hourly earnings have increased 33 cents o
Happy days are here again...
Inflation-adjusted wages have hardly changed since the recession ended. Between July 2009 (the start of the recovery) and August 2014, real wages grew 1.4 percent. That’s total growth, not annual growth. After factoring out inflation, average hourly earnings have increased just 33 cents over more than five years. Small wonder many Americans feel getting ahead has become harder.
http://dailysignal.com/2014/11/01/econom…
Inflation-adjusted wages have hardly changed since the recession ended. Between July 2009 (the start of the recovery) and August 2014, real wages grew 1.4 percent. That’s total growth, not annual growth. After factoring out inflation, average hourly earnings have increased just 33 cents over more than five years. Small wonder many Americans feel getting ahead has become harder.
http://dailysignal.com/2014/11/01/econom…
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12 comments
And, WTF is "dailysignal"? Never heard of it. If you are going to cherry pick headlines at least try to throw some names of the big players around: WSJ, The Economist, Bloomberg...
Let's see what headlines trigger steve229's confirmation bias this week. And he finally has to fall back to the "argument by authority" fallacy, if he can do better than "dailysignal" - whatever the fuck that is.
That is an increase of 87.5% in just 4 years. Get a skill. Get a job where the action is. Get off your ass. Big money is out there, believe me.