Real Wages Keep Falling
November 30, 2011
Real average hourly earnings fell 1.6% from October 2010 to October 2011. Although wages were up about 1.8%, they failed to keep up with the 3.6% inflation rate published by the Bureau of Labor Statistics.
Real average hourly earnings fell 1.6% from October 2010 to October 2011. Although wages were up about 1.8%, they failed to keep up with the 3.6% inflation rate published by the Bureau of Labor Statistics.
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