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Real hourly earnings are currently 12% below the peak hit in December of 1978.
Source Data:
St. Louis Fed: Real Manufacturing Hourly Earnings (May 2012 Dollars)
I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
2 comments:
Not to worry--Uncle Benron has interest rates far below the peak of 1981 or so. Its what makes us our way of life SAFE!!
Anonymous,
Bumper sticker idea:
Wage inconsistence? Borrow the difference!
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