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Today in Labor History
Sept. 29, 1962: A report by the Labor Department’s Bureau of Labor Statistics finds that the average weekly take-home pay of a factory worker with three dependents is now $94.87.
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Is Middle-Class Stagnation Really a Myth?
Posted On: Feb 18, 2013

Feb. 18, 2013 | American politicians fall over themselves praising the middle class, but if you look at one rather telling piece of data, they don't seem to have done much to help those in America's vast middle: Over the past three decades, the wages of median workers have remained essentially the same, adjusted for inflation, while the wages and the wealth of the top one percent have skyrocketed. But some argue that this oft-cited factoid doesn't tell the whole story. Learn more here.


 
 
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