Tag Archives: wages
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Wages have stagnated since 1977 because the ability of workers to organize and bargain collectively has been significantly curtailed. Sunday’s article (Millennials have it tougher, Daily Sun, C1, 8/26/18) that describes how people born between 1980 and 2000 are struggling financially with lower take home pay to purchase items that are more expensive today. Corporations […]
Continue readingInflation-Adjusted Wages Down From Last Year
“Worker pay in the second quarter dropped nearly one percent below its first-quarter level, according to the PayScale Index, one measure of worker pay. When accounting for inflation, the drop is even steeper. Year-over-year, rising prices have eaten up still-modest pay gains for many workers, with the result that real wages fell 1.4 percent from the […]
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