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.

[finnbow]

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]

On its face those numbers seem bad, but when you consider the fact that inflation was 1.5% during that period, it ain't so bad.

[Tom Joad]

Here's some more data on average earnings from the BLS.

http://www.bls.gov/news.release/wkyeng.nr0.htm

The more I look at this the more I think the $853 is total weekly wages not monthly take home pay.

[merrylander]

Originally Posted by Tom Joad

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

Even so if $853 is take home and yearly is $44,000 then the total tax looks close to $4,000.

[MrPots]

Originally Posted by Tom Joad

Here's some more data on average earnings from the BLS.

http://www.bls.gov/news.release/wkyeng.nr0.htm

The more I look at this the more I think the $853 is total weekly wages not monthly take home pay.

That's what I get out of it too. You can knock off about 30% for take home. (then there's probably another 10 - 12% in taxes grabbed after that.

[Grumpy]

Not sure where this report was sampled from but come visit Michigan. Things are much different here. You can hardly find a burger flipping job.

[hillbilly]

So 853 a week is average weekly pay? My god, that means most folks make over 21 per hour? Not here, not even close. There are lots of people driving to another county to make a whopping 9.00hr. The Ford dealer pays mechanics under 10.00 flat rate here.. but charges the customer something like 80+ per hour. Not even a master tech can make even close to 20.00, HERE. Unless of course he has his own shop and can keep his own set rates.

However though, I do hear stories of Ford dealers in other places paying their mechanics good money. You'd think Ford would have a set pay scale and all dealers would follow.

[BlueStreak]

Originally Posted by Grumpy

Not sure where this report was sampled from but come visit Michigan. Things are much different here. You can hardly find a burger flipping job.

Hasn't that been the case since..........about 1973?

Dave

[BlueStreak]

Originally Posted by hillbilly

So 853 a week is average weekly pay? My god, that means most folks make over 21 per hour? Not here, not even close. There are lots of people driving to another county to make a whopping 9.00hr. The Ford dealer pays mechanics under 10.00 flat rate here.. but charges the customer something like 80+ per hour. Not even a master tech can make even close to 20.00, HERE. Unless of course he has his own shop and can keep his own set rates.

However though, I do hear stories of Ford dealers in other places paying their mechanics good money. You'd think Ford would have a set pay scale and all dealers would follow.

Of course no wage earners there make any money. The unemployment is probably lower than say, Michigan, as well.

See the game.

Dave

[BlueStreak]

Originally Posted by finnbow

Best job numbers in 15 years. It's Obama's fault.

It's a shame the Dems were afraid to run on their record. Chickenshit behavior like that deserves to lose elections.

No shit.................

Dave