Friday, May 20, 2005

filed under WELL, DUH

The average American is working harder and smarter than ever.

But on payday, that's not making much difference.

U.S. wage growth isn't keeping up with rising prices for everything from gas to groceries to medical care. Strong productivity gains and an improving job market are not helping as they did in the past.

Adjusted for inflation, real weekly wages are down 0.3% vs. a year earlier. That's despite a slight monthly gain in April, Labor Department figures show.

So what gives?

YAHOO

what gives?

i'll tell you what gives: greedy ceo's.

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