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.
Comments
last commentStill trying to get a read on the future of economy by reading headlines about backward looking indicators, stevie-girl?
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...
Log in to vote
Come on, stevie-girl, this is like pre spin doctoring 101. You are really slipping!
Log in to vote
Lol!
Log in to vote
dougie- stevie girl is busy searching the internet for the latest juicy gossip/pop culture news
Log in to vote
Great news for the average Joe. If you work several days, those 33 cents an hour will enable you to tip a dancer or waitress extra. Of course she will expect it and you'll have saved less than you did 5 years ago.
Log in to vote
@capri: maybe trying to find just the right song lyrics to make it all clear to her 16y/o girl brain?
Log in to vote
Great news I am going to spend my 33 cents now
Log in to vote
Lol!
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.
Log in to vote
Highest paid driller at the exploration camp this winter is paid at the rate of $150/hr. Highest paid driller at the exploration camp four winters ago was paid at the rate of $80/hr.
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.
Log in to vote
Lol!
Log in to vote
GLOBAL ECONOMIC DOOM! (GED)
Log in to vote
Lol!
Log in to vote