Quote:
Originally Posted by whell
From the WaPo Story:
The average American last month took home $853.24 per month — a 2.4 percent increase from the $833.18 figure of a year earlier — partly because of working longer hours.[/I]
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Wages are low, but not that low.
There is something wrong with those numbers.
I suspect it's a misprint and the $853 per month is actually $853 per week.
That's more in line with this;
http://www.ssa.gov/oact/cola/AWI.html
Quote:
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The national average wage index for 2013 is 44,888.16. The index is 1.28 percent higher than the index for 2012.
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