U.S. Suffers Biggest Pay Drop On Record, As Workers Squeezed Tighter »

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The economic "recovery" just keeps getting worse for the average worker: U.S. employers squeezed their employees even harder than usual in the first quarter, leading to the biggest drop in hourly pay on record. Hourly pay for nonfarm workers fell at a 3.8 percent annualized rate in the first quarter, the Bureau of Labor Statistics reported on Wednesday. Source Main page (current trends)

More about: Bureau of Labor Statistics, economic recovery

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