Posted on 02/06/2015 10:14:24 PM PST by Olog-hai
As the U.S. economy has steadily recovered from the Great Recession, the critical missing piece has been a painful lack of pay raises for many Americans. Their pain may be easing.
Friday’s jobs report signaled that raises have finally begun to flow through an economy in which, once you factor in inflation, most people earn less than when the Great Recession struck in 2007.
The average hourly wage jumped 0.5 percent between December and January—the sharpest monthly gain since 2008—the government’s survey of businesses found. The average has now risen 2.2 percent over the past 12 months to $24.75, comfortably above inflation. […]
Ford Motor Co. has announced that up to 500 of its lowest-paid factory workers will receive a 48 percent pay raise to $28.50 an hour. Only 20 percent of its employees can be in the lowest tier, so Ford had to raise wages to hire 1,550 workers to make pickup trucks in Missouri and Michigan. Other major companies, including Aetna and the Gap, have also announced pay increases. …
(Excerpt) Read more at hosted.ap.org ...
More good news from Barry and his ‘RATS through their liars in the Ass. Press.
These freaking liars are the scum of the Earth. Gas is up 16 cents a gallon where I live, but here comes the two years of media lies deliberately designed to snow people into voting for a third Obama term next year.
Big pay raise less hours.. Obamacare eats up pay raise!!!
More lies from Propaganda Central through its various outlets.
Employees that have to assume additional work due to the loss of three others who were let go deserve a raise.
Pay raises for Extortion-Care. The selling and trafficking in Human Body Mortgages.
An excuse to raise interest rates.
Trafficking in the selling of Human Body Mortgages by so called “insurance-banking.”
The new MBS, leveraged to any amounts, to any forced deductibles, any forced premiums, any forced coercion taxation, any forced account seizures.
In January, average hourly earnings for all employees on private nonfarm payrolls increased by 12 cents to $24.75, following a decrease of 5 cents in December. Over the year, average hourly earnings have risen by 2.2 percent. In January, average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to $20.80. (See tables B-3 and B-8.)
I hate it when the source is meaningless like "the government's survey of businesses".
How much trouble is it for the employee of the MSM to link to the Employment Situation released 6 Feb -- or whatever government survey.
A search both of the page and the page source did not find ".gov" which I believe would be required in the URL to link to the "government's survey of businesses".
I actually hit two raises last year for about a total of 8%. Hadn’t had a raise in the years prior to that. Our had nothing to do with the federal government, though.
People are being cut because of obamacare and being forced to do the work of two. Under this scenario, a 10 cent per hour increase is still a 49% paycut.
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