Post by mesquite on Sept 4, 2015 2:17:19 GMT -5
Average pay in real terms slumped 4 percent from 2009-14, according to the National Employment Labor Project.
NELP figures that the lowest 20 percent of workers saw overall real wage declines of 5.7 percent during the 2009-14 span.
Those who haven't actively searched for a job or are working part time for economic reasons—the underemployed—was at 10.4 percent in July.
www.cnbc.com/2015/09/03/most-workers-actually-making-less-than-5-years-ago.html
It will be surprising if the minimum wage increases do not reduce hours and/or jobs for those who are suppose to benefit from the increases.
NELP figures that the lowest 20 percent of workers saw overall real wage declines of 5.7 percent during the 2009-14 span.
Those who haven't actively searched for a job or are working part time for economic reasons—the underemployed—was at 10.4 percent in July.
www.cnbc.com/2015/09/03/most-workers-actually-making-less-than-5-years-ago.html
It will be surprising if the minimum wage increases do not reduce hours and/or jobs for those who are suppose to benefit from the increases.