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applegrove

(118,492 posts)
Sat Aug 24, 2013, 09:34 PM Aug 2013

"The average American wage hasn't grown at all since 2000"

The average American wage hasn't grown at all since 2000

by Keith Wagstaff at the Week

http://theweek.com/article/index/248585/the-average-american-wage-hasnt-grown-at-all-since-2000

"SNIP................................


If it seems like you aren't making any more money than you were a decade ago, that is probably because you aren't.

A new study from the left-leaning Economic Policy Institute (EPI) shows that the real hourly wage (which is adjusted for inflation) for the median American worker hasn't risen at all since 2000. In fact, since 2007, every group besides those with an advanced degree — who made up just 11.4 percent of the population in 2012 — saw their hourly compensation take a dive.

Those with just a high school degree saw their wages drop the most — down 3.5 percent, compared with 0.7 percent for those with a bachelor's degree.


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"The average American wage hasn't grown at all since 2000" (Original Post) applegrove Aug 2013 OP
All the while the stock market has doubled since 2007. applegrove Aug 2013 #1
Nice graphs that tell an ugly story we already know. n/t winter is coming Aug 2013 #2
Two words Fumesucker Aug 2013 #3
Put a picture of Reagon in there and you got it. Mission accomplished for Trickle Down. liberal_at_heart Aug 2013 #6
'Bush and Gore are exactly the same.' nt onehandle Aug 2013 #4
I think it is more like 4% in the last 30-40 YEARS. truebluegreen Aug 2013 #5
... Scuba Aug 2013 #7
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