Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Florida wage growth at lowest level since the Great Depression

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
Newsjock Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 09:34 PM
Original message
Florida wage growth at lowest level since the Great Depression
Source: Palm Beach Post

Growth of wages in Florida, where pay already lags the nation, has nearly ground to a halt, reaching its lowest level since the Great Depression, according to the state Agency for Workforce Innovation.

... The fact that wages are growing at all might seem like good news in a recession, but economists say such statistics mask other problems.

"Generally, those that are less skilled, less educated, less experienced lose their jobs first, and those are people who are paid a lower wage," said Rebecca Rust, chief economist at the state Agency for Workforce Innovation.

In other words, some lower-wage workers whose earnings bring down the average during the boom years aren't figuring into the current numbers because they're not working.

Read more: http://www.news-press.com/article/20110424/BUSINESS/110... |topnews|text|Home
Printer Friendly | Permalink |  | Top
liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 09:37 PM
Response to Original message
1. A dream for the corporations
This is what they want to happen across the nation, no growth in wages will help straddle the middle class and drag them down, down, down.
Printer Friendly | Permalink |  | Top
 
Kurska Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 10:03 PM
Response to Original message
2. Mission accomplished governor jobs!
Fuck Rick Scott.
Printer Friendly | Permalink |  | Top
 
quaker bill Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-24-11 10:11 PM
Response to Original message
3. 0% for three years
with a pay cut coming. It also looks like 0% for another 3 years at least.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed Aug 27th 2014, 11:07 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC