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Old 10-16-2009, 05:06 PM
 
Location: Tennessee/Michigan
28,208 posts, read 47,606,329 times
Reputation: 19722

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A bad economy and low inflation are starting to drag down wages for millions of everyday workers and freeze benefits for millions of retirees.

Average weekly wages have fallen 1.4% this year for private-sector workers through September, after adjusting for inflation, to $616.11, a USA TODAY analysis of Bureau of Labor Statistics data found. If that trend holds, it will mark the biggest annual decline in real wages since 1991.

Wages could hit steepest plunge in 18 years - USATODAY.com
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Old 10-16-2009, 05:59 PM
 
4,247 posts, read 9,368,486 times
Reputation: 1461
It just keeps getting better and better. If all of this continues, it'll make a Bible believer out of me yet. Wars, H1N1 and no vaccinations, staggering unemployment, people losing homes right and left...I just don't think it gets any worse than this.
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Old 10-16-2009, 07:35 PM
 
Location: Nassau, Long Island, NY
16,408 posts, read 28,886,666 times
Reputation: 7268
It might on December 21, 2012.
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Old 10-16-2009, 07:48 PM
 
Location: Dallas, Texas
563 posts, read 1,526,216 times
Reputation: 413
Quote:
Originally Posted by movin'on View Post
It just keeps getting better and better. If all of this continues, it'll make a Bible believer out of me yet. Wars, H1N1 and no vaccinations, staggering unemployment, people losing homes right and left...I just don't think it gets any worse than this.
No kidding.
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Old 10-16-2009, 08:07 PM
JS1
 
1,898 posts, read 6,124,746 times
Reputation: 1588
On the bright side, the cost of living is going down.
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Old 10-16-2009, 08:08 PM
 
2,138 posts, read 4,786,960 times
Reputation: 3146
Yeah milk is really cheap now!
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