Saturday, September 30, 2017

Workers Have Finally Caught Up to 1974 -- Mother Jones

Here's a paragraph from the Wall Street Journal today: Real wages for nonsupervisors, which take inflation into account, topped $22 an hour this year, the best inflation-adjusted reading since January 1973,¹ according to Labor Department data. The nonsupervisory figure covers about 70% of the workforce and excludes managers who are more likely to receive bonuses,...
http://www.motherjones.com/kevin-drum/2017/09/workers-have-finally-caught-up-to-1974/

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