Interesting:
“With more people working long hours, the average median income per household increased. But in order for most households to achieve this, both husband and wife had to work full-time. What’s worse, individual incomes decreased. Women’s earnings dropped 1.2 percent, with the median income at $32,500. Even though men typically make more, they too saw a decrease in earnings.
Robert Greenstein from the Center of Budget and Policy Control commented, Working Americans in general are kind of treading water, they’re not really making that much progress.
But those in the workforce making a lot of progress are CEOs. One survey shows they make 364 times more than average workers. Greenstein says these recent numbers show an uneven distribution of economic growth.
“Millions of middle and lower income working families have not gained and have not shared in the benefits of this economic recovery,” he said.
http://news14.com/content/business/586760/census—more-americans-working-full-time/Default.aspx
Would it be bad, in your estimation, if the illegals left some jobs for American poor who only work 16 hours a week? Sounds like a winner to me, even if it generates some worisome stats.
Keep these gloom and doom articles coming. Good for us bulls.