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Old 10-05-2012, 01:41 PM   #1057
12thMan
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Join Date: May 2005
Location: washington, D.C.
Posts: 11,460
Re: 2012 Presidential Election (free for all edition)

Quote:
Originally Posted by Slingin Sammy 33 View Post
LOTS more work to do. From BLS:

http://www.bls.gov/news.release/pdf/empsit.pdf

Over the past 12 months, average hourly earnings have risen by 1.8 percent. That's less than the annual inflation rate.

The number of
long-term unemployed (those jobless for 27 weeks or more) was little changed

at 4.8 million and accounted for 40.1 percent of the unemployed.

The overall trend in the employment-population ratio for this year has been flat.
Yeah, wages have been consistently stagnant (flat) for many years now and declined during the recession.
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