Quote from Scataphagos:
The Government reports the average hourly wage currently at $18.87*. Good luck finding new jobs paying that or more in any significant number...
*Wouldn't doubt this number includes executives and such making $10,000/hr and more.
I suspect the "MEDIAN hourly wage" would be more properly reflective of workers earnings.
Quote from Covertibility:
I'm waiting til May 2010 for new hire comparisons as the data now keeps changing due to revisions but it's not going to be that bad.
Quote from aegis:
Perhaps I should have stated that decent paying jobs for those with degrees are few and far between.
What's the unemployment rate for recent college grads? Just because the unemployment rate is 4.9% doesn't mean they're making much money. How many 20-somethings with degrees are working at Wal-Mart as cashiers?
Quote from jprad:
Anyone who quotes BLS statistics is really saying a lot about themselves, and none of it is good.