TweetReal wages in the US are falling at their fastest rate in 14 years, according to data surveyed by the Financial Times.
Inflation rose 3.1 per cent in the year to March but salaries climbed just 2.4 per cent, according to the Employment Cost Index. In the final three months of 2004, real wages fell by 0.9 per cent.
https://news.ft.com/cms/s/f269a8f4-c...000e2511c8.html
TweetIt is time for a minimum wage raise imo. I think that could force a lot of employers to pay higher wages.
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. George Washington
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