Friday, April 12, 2013

Real Average Hourly Earnings

Although the economy may be slowly improving, the reason it probably doesn't feel that way to most people is because real average hourly earnings (earnings factoring for inflation) have declined since 2009 while average hours per week worked has risen over the same time period.  Companies are paying workers less on average and asking them to work more hours.  Unfortunately this is not what we want to see at this point in an economic recovery.
 
Earnings-average-hourly-real