Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: snowsislander

Would you like fries with those charts?


441 posted on 02/15/2005 6:08:58 PM PST by cp124 (The Great Wall Mart)
[ Post Reply | Private Reply | To 440 | View Replies ]


To: cp124

I'm guessing that this refers to the quality of wages being paid? If so, you have an excellent point:


Series Id:     CES0500000049
Seasonally Adjusted
Super Sector:  Total private
Industry:      Total private
NAICS Code:    N/A
Data Type:     AVERAGE HOURLY EARNINGS, 1982 DOLLARS
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1994 7.54 7.56 7.54 7.55 7.55 7.53 7.52 7.50 7.50 7.53 7.52 7.52  
1995 7.51 7.52 7.52 7.51 7.50 7.52 7.54 7.54 7.55 7.55 7.56 7.55  
1996 7.55 7.54 7.53 7.54 7.54 7.56 7.56 7.58 7.58 7.57 7.58 7.58  
1997 7.59 7.60 7.63 7.64 7.67 7.67 7.68 7.71 7.70 7.74 7.76 7.78  
1998 7.79 7.83 7.86 7.88 7.88 7.88 7.88 7.92 7.93 7.93 7.94 7.94  
1999 7.95 7.98 8.00 7.98 8.00 8.02 8.01 8.01 8.00 8.00 8.00 8.00  
2000 8.02 8.01 7.98 8.03 8.03 8.01 8.02 8.04 8.03 8.05 8.06 8.07  
2001 8.03 8.06 8.09 8.09 8.06 8.07 8.10 8.13 8.11 8.16 8.20 8.24  
2002 8.22 8.23 8.22 8.19 8.21 8.23 8.23 8.23 8.24 8.25 8.26 8.29  
2003 8.26 8.25 8.21 8.23 8.28 8.29 8.31 8.27 8.25 8.27 8.31 8.30  
2004 8.27 8.26 8.24 8.24 8.21 8.19 8.23 8.25 8.25 8.21 8.21 8.23(p)  
p : preliminary

Wages in the private sector have been stagnant for three years; in fact, from 1994-2004, in real terms they have appreciated about 9%, or less than 1% per year.

For what it is worth, the public sector pays better than the private one; average hourly wages in the public sector are just over $22. For the private sector, it's more like $16.

444 posted on 02/15/2005 7:06:24 PM PST by snowsislander
[ Post Reply | Private Reply | To 441 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson