A place were I can write...

My simple blog of pictures of travel, friends, activities and the Universe we live in as we go slowly around the Sun.



November 10, 2014

Charts...

You have nothing to lose but your gains

Productivity has surged, but income and wages have stagnated for most Americans. If the median household income had kept pace with the economy since 1970, it would now be nearly $92,000, not $50,000.

Growth is back...

...But jobs aren't

Sorry, not hiring

The sectors that have contributed the most to the country's overall economic growth have lagged when it comes to creating jobs.

The wage freeze

Increase in real value of the minimum wage since 1990: 21%
Increase in cost of living since 1990: 67%
One year's earnings at the minimum wage: $15,080
Income required for a single worker to have real economic security: $30,000

Working 9 to 7

For Americans as a whole, the length of a typical workweek hasn't changed much in years. But for many middle-class workers, job obligations are creeping into free time and family time. For low-income workers, hours have declined due to a shrinking job market, causing underemployment.

Labor pains

Median yearly earnings of:
Union workers: $47,684
Non-union workers: $37,284

Dude, Where's My Job?

More and more, US multinationals are laying off workers at home and hiring overseas.

Proud to be an American

The US is part of a very small club of nations that don't require...

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.