U.S. Wages Stagnant Under Obama
Jan 10, 2015 08:48:36 #
After six years of Obamanomics, Federal Reserve Chair Janet Yellen is still citing stagnant wage growth as a sign of continued problems in the labor market, and the immediate future isnt looking much better.
Average hourly earnings dipped in December, after a nice boost the month before, according to the government jobs report released Friday. Over the year, the gauge rose only 1.7% just barely over the inflation rate, according to a report.
As Lynn Reaser, chief economist at Point Loma Nazarene University, pointed out, the decline did not come from increased hiring in low-wage sectors.
Employers across the board from manufacturing to financial services paid lower wages last month.
Also, unfortunately, economists arent predicting any significant wage boost soon.
Average hourly earnings dipped in December, after a nice boost the month before, according to the government jobs report released Friday. Over the year, the gauge rose only 1.7% just barely over the inflation rate, according to a report.
As Lynn Reaser, chief economist at Point Loma Nazarene University, pointed out, the decline did not come from increased hiring in low-wage sectors.
Employers across the board from manufacturing to financial services paid lower wages last month.
Also, unfortunately, economists arent predicting any significant wage boost soon.
Jan 10, 2015 09:06:41 #
Nothing will improve with obulls**t still in the White House. That lying POS is personally responsible for everything that is wrong with this country today. he is a c*******t muslim bent on destroying our entire way of life. He should be impeached, arrested, imprisoned and publicly executed.
Jan 10, 2015 11:33:38 #
J Anthony
Loc: Connecticut
mkewlkez wrote:
Nothing will improve with obulls**t still in the White House. That lying POS is personally responsible for everything that is wrong with this country today. he is a c*******t muslim bent on destroying our entire way of life. He should be impeached, arrested, imprisoned and publicly executed.
Jan 10, 2015 11:38:36 #
J Anthony
Loc: Connecticut
mkewlkez wrote:
Nothing will improve with obulls**t still in the White House. That lying POS is personally responsible for everything that is wrong with this country today. he is a c*******t muslim bent on destroying our entire way of life. He should be impeached, arrested, imprisoned and publicly executed.
Obama is "personally responsible for everything that is wrong with this country today...." only the most ignorant and misinformed fanatic believes this. What about our own accountability for our own society? Obama is certainly culpable for our sordid state of affairs, but so is everyone else.
Jan 10, 2015 12:58:49 #
J Anthony wrote:
Obama is "personally responsible for everything that is wrong with this country today...." only the most ignorant and misinformed fanatic believes this. What about our own accountability for our own society? Obama is certainly culpable for our sordid state of affairs, but so is everyone else.
So, you're the cause of a lot of it? I knew it!!!
Jan 10, 2015 13:34:49 #
mkewlkez wrote:
Nothing will improve with obulls**t still in the White House. That lying POS is personally responsible for everything that is wrong with this country today. he is a c*******t muslim bent on destroying our entire way of life. He should be impeached, arrested, imprisoned and publicly executed.
:thumbup:
Jan 11, 2015 09:18:19 #
Ronald Hatt
Loc: Lansing, Mich
JMHO wrote:
After six years of Obamanomics, Federal Reserve Ch... (show quote)
Hey Wisconsin!........How do you like "GE", & Obama now? Good bye "GE".......Hello CHina! There go the jobs, & lively-hoods, of thousands of people!
I saw this happen in Flint Michigan, beginning in the 70's.......Flint/Detroit/Pontiac/Lansing.......as far as thriving communities go.......These are now "ghost towns", only thing left is "shattered lives, & remnants of 'what used to be"........only memories, & now Government subsidized families, drug use, corruption, poverty, & hopelessness!
The world trade agreement, { from Geo H W Bush, & Slick perverted Willie }......was a "good idea" ? ? ? ?
Tell that to the millions of unemployed Americans today, that are on Government assistance, & food stamps.......Gone is "p***e", self respect, & individualism......replaced by Government dependency, & all that results when a Government "DOES NOT DO IT'S JOB"...........THE "JOB".......IS THE WORK "OF" THE PEOPLE.......FOR THE PEOPLE......"NOT" TO LINE YOUR POCKETS FROM NOW TILL DEATH.....AS OUR POLITICIANS,, GET PAID "FOREVER", AFTER THEIR SO CALLED SERVICE!
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