In 2007, Workers' Wages Saw Biggest Drop in 17 Years

[Omaha Steve]

http://www.changetowin.org/connect/2008/01/in_2007_workers_wages_saw_bigg.html

In 2007, Workers' Wages Saw Biggest Drop in 17 Years

The numbers are in on how much working people made in 2007, and they ain't pretty.

This week, the Bureau of Labor Statistics (BLS) released the latest data in their Current Employment Statistics survey. These figures cover workers' earnings as of December 2007.

The BLS reports that after you adjust for inflation, real wages dropped by 0.9 percent over the last year. The Daily Labor Report notes that this is the biggest one-year drop in average weekly pay since 1990.

Posted by Jason Lefkowitz on January 18, 2008 at 4:13 PM

[thunder rising]

1. The good news is that this only applies if you HAD A JOB!

[Warpy]

2. And gee whiz, guess who was in office in 1990.

Another fucking BUSH.

Time to learn, people, that family is pure poison, and so is the party they rode in on.