Jobs Report +321,000

[Tom Joad]

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]

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

The national average wage index for 2013 is 44,888.16. The index is 1.28 percent higher than the index for 2012.