◼ In the latest demonstration of the struggling economy that threatens President Obama's reelection, average weekly wages fell in 2011, one of only five declines since the category was created in 1978 by the Bureau of Labor Statistics. - Paul Bedard/Washington Examiner
The wage drop comes as employment has increased in a majority of the counties in the last quarter of 2011, said the agency. That irony makes it the only quarter in history where wages shrunk while employment grew, a grim reminder that more Americans are taking additional jobs to make ends meet.
Thursday, July 5, 2012
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