Thursday, October 30, 2014

American Workers Are Treading Water

If you're a typical worker, you didn't get a raise this year. More than two-thirds (68 percent) of Americans say no one in their household received a raise or promotion in the past 12 months, according to the Public Religion Research Institute's 2014 American Values Survey.

It's worse than that, however. American workers have been treading water for 120 months, according to the Bureau of Labor Statistics. The median weekly earnings of men and women with full-time wage and salary jobs have been stagnant for at least a decade. Here are the inflation adjusted numbers...

Men's median weekly earnings
2014: $880
2004: $894 

Women's median weekly earnings
2014: $722
2004: $720

Source: Bureau of Labor Statistics, Median Weekly Earnings, 2004-2014

No comments: