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Wages go down in January

Real earnings dropped 0.2 percent from December 2005 to January 2006, according to seasonally adjusted data from the BLS.

Year over year average weekly earnings fell 0.4 percent. Before adjustement for seasonal change and inflation, average weekly earnings were $558.38 in January 2006, compared with $537.26 a year earlier.

So the country is adding jobs but not ones that pay particularly well.

Comments (1)

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Jon said:

We need to get 42 back in office in 2008 or someone like him, even though I tend to vote Republican.

My earnings & stock portfolio kicked butt when Billy C. was in office, and he created a lot of excitement with his escapdes in the Oval Office.

43, well what do you expect from a guy who was born with a silver spoon in his mouth and never knew what it was like to be born a poor white working stiff, like me.

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