Workers face paycheck pinch

[deadparrot]

For all its strength, the current economic expansion is not boosting the American worker's paycheck.

Wages have been rising nominally: Average pay rose 8 cents last month to $16.27 an hour, according to a government report Friday. That's not fast enough to counter inflation.

By one common measure, average pay for an hour's work has less purchasing power than it had four years ago - when the current growth cycle began.

It's a pattern of weak wage growth that's now several years old, but the trend has worsened in recent months. Wages for the most recent quarter were 2.3 percent lower, after inflation, than workers received a year before.

http://news.yahoo.com/s/csm/20051107/ts_csm/awages

[texpatriot2004]

1. What "economic expansion" uh the manufacturing of burgers? nt

[purduejake]

2. Plus fewer benefits

this sucks.