Friday, November 2, 2012

October Jobs Report Shows Incomes Continuing to Decline

One of the negative features of the current economic recovery has been declining incomes of average Americans.

This trend continued in October.

The Labor Department reported Friday that despite 171,000 jobs being added to nonfarm payrolls in October, average hourly earnings for such employees edged down by 1 cent to $23.58.

http://newsbusters.org/blogs/noel-sheppard/2012/11/02/october-jobs-report-shows-incomes-continuing-decline#ixzz2B4KKbbAW