Worker wages drop while companies spend billions to boost stocks
2018-07-16, 04:24 PM,
Six months after the Tax Cut and Jobs Act became law, there's still little evidence that the average job holder is feeling the benefit.

Worker pay in the second quarter dropped nearly one percent below its first-quarter level, according to the PayScale Index, one measure of worker pay. When accounting for inflation, the drop is even steeper. Year-over-year, rising prices have eaten up still-modest pay gains for many workers, with the result that real wages fell 1.4 percent from the prior year, according to PayScale. The drop was broad, with 80 percent of industries and two-thirds of metro areas affected.

"Now, economic confidence has been good, we're in a strong economy, GDP is growing, but the question has been, where's the paycheck?" said Katie Bardaro, vice president of data analytics at PayScale.
2018-07-16, 04:34 PM,
This is the reality of corporate companies.
2018-07-16, 04:41 PM,
Rich people get richer and poor people to get fucked
2018-07-16, 04:51 PM,
I can't wait for the bottom to fall out and all these companies go under
2018-07-16, 05:34 PM,
What a huge surprise, I never would have guess this could happen. :/
2018-07-16, 07:10 PM,
The news is just like, water is wet.
2018-07-16, 07:19 PM,
But I thought unemployment was at record lows

Related Threads
Thread Author Replies Views Last Post
  How Much Time Do You Spend Online? AnirudhMehta 8 634 2019-03-14, 06:27 AM
Last Post: urangi
  Weekends coming, How do you spend it? minatika 5 438 2019-02-15, 11:02 AM
Last Post: salen72
  How do you spend your weekends?? force23 6 543 2019-01-29, 10:58 AM
Last Post: DrKent
  How many of you spend money on porn :D jadoogiri 8 876 2019-01-23, 12:03 PM
Last Post: SiZiF
  Do you spend money or save it? falarious 12 1,318 2019-01-18, 09:42 AM
Last Post: Tywin

About Us | Contact Us | CPAElites | Advertise | Stats

Copyright © 2013 - 2020 by (company to be announced later)
Temporarily (!) powered by MyBB, fixed (repaired) and enhanced by Charlie Harper (GitHub) aka Charles Francis Harper (Wikipedia)
Return to top
This forum uses Lukasz Tkacz MyBB addons.