You Get a Fair Pay? Check your salary What
are you worth?
Earns What? Alberti, Remapping
Debate 1/14 [compare wage levels across 800 occupations].
Earnings in April 2015, BLS May 22,
2015 "Real average hourly earnings for all
employees was unchanged from March to April, seasonally adjusted, the. U.S. Bureau of Labor Statistics reported today. This result stems from a 0.1 percent increase in average hourly earnings being offset by a 0.1 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings were unchanged over the month due to no change in real average hourly earnings and the average workweek.
Real average hourly earnings increased by 2.3 percent, seasonally adjusted, from April 2014 to April 2015.
This increase in real average hourly earnings, combined with no change in the average workweek, resulted in a 2.3 percent increase
in real average weekly earnings over this period." [emphasis
Raising America's Pay, EPI; Raising
America's Pay: Why It's Our Central Economic Policy Challenge, Bivens
et al, EPI 5/14
FamilyBudget Calculator, EPI
Decade of Flat Wages? Rios-Avila & Hotchkiss, Levy P 2014/4,
Pay in U.S. Is Smaller Slice of Income Pie 7/14
Wage Laws in the States - January 1, 2013 (en español)
Data from State of Working America, EPI, Mishel et
the Job Polarization Explanation of Growing Wage Inequality,
Mishel et al, 1/13
Nowhere: Workers' Wages Since the Mid-1970s,
10-Year Decline in Wages for Most College Graduates,
Mishel, EPI, 10/12
Substantially Improves the Pay&Benefits of Latino Workers
majority of wage earners are working harder, and for not much
more, Mishel 1/13
Weekly Earnings of Wage and Salary Workers First Quarter 2015 BLS, April 21, 2015 "Median weekly earnings of the nation's
107.2 million full-time wage and salary workers
were $808 in the first quarter of 2015 (not seasonally
adjusted). This was 1.5 percent higher than a year earlier,
compared with a decline of 0.1 percent in the Consumer Price Index
for All Urban Consumers (CPI-U) over the same period....Women had median usual weekly earnings of $730, or 81.6 percent of the $895 median for men. ....Among the major race and ethnicity groups, median weekly earnings for black men working at full-time jobs were $694 per week, or 75.6 percent of the median for white men [$918). ....median earnings of Hispanics who worked full time ($590) were lower than those of blacks ($650), whites ($835), and Asians ($966)." [emphasis
earnings for full-time male workers in 2013: $50,033
Median earnings for full-time male workers in 1973: $52,421 [2013
dollars] BLS, 1973 is the peak earnings year. For full-time women workers, the peak is 2007.
family budget calculator, What
Families Need to Get By: 2013 Update,
Change in real compensation by different income levels
SOURCE: Leonhardt, http://www.nytimes.com/2007/01/28/weekinreview/28leon.html
"In the past three years...shop-happy consumers,
cheerfully determined to live beyond their means, leaned a lot
more heavily on borrowings ($675 billion of non-mortgage debt)
than paychecks ($530 billion) to cover the $1.3 trillion increase
in their spending." .Source for charts: Stephanie Pomboy,
MacroMavens, via Alan Abelson, Barron's, April 25, 2005;
Abelson quoted in http://bigpicture.typepad.com/comments/