Wages & Prices
Real Wages Up 2.2 Percent Since September ’05, Will Media Notice
October 18th, 2006 1:17 PM
One of the continual carps of the media concerning the current economic expansion has been that only low-paying jobs are being created that aren’t keeping up with inflation. Well, the Bureau of Labor Statistics reported Wednesday:Average weekly earnings rose by 4.0 percent, seasonally adjusted, from September 2005 to September 2006. After deflation by the CPI-W, average weekly earnings increased…
