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Higher prices, stagnant wages produce pay cuts
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| Contributor | Servo |
| Last Edited | Servo Apr 12, 2005 09:52am |
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| Category | News |
| Media | Newspaper - Concord Monitor |
| News Date | Tuesday, April 12, 2005 03:50:00 PM UTC0:0 |
| Description | For the first time in 14 years, the American work force has in effect gotten an across-the-board pay cut.
The growth in wages in 2004 and the first two months of this year trailed the growth in prices, compounding the squeeze from higher housing, energy and other costs. |
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