think you've seen this before...
-----------
What has NOT been reported is that "real income", adjusted for inflation, has been trending down since last May - 9 months. What does not appear in this BLS chart is a fact they also disclose - average hours worked declined last month.
Working less, paid less.
That 2nd chart is the most distressing.
What we are now being told is that productivity has been going up for 40 years, but wages have not.
You accomplish more, for them; but they do not pay you comparative increased funds.
You may not see this a class warfare, but it still is being "waged" - no pun intended.
-------------
-----------
==========
Real earnings in January 2011
http://www.bls.gov/opub/ted/2011/ted_20110223.htm
------------
The compensation-productivity gap
http://www.bls.gov/opub/ted/2011/ted_20110224.htm
===========
No comments:
Post a Comment