Manonthestreet
Diamond Member
- May 20, 2014
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Since the Great Recession struck in 2007, the median wage for people between the ages of 25 and 34, adjusted for inflation, has fallen in every major industry except for health care. The picture isn't much better for the youngest group of workers between 18 and 24. Besides health care, the industries employing the vast majority of part-time students and recent graduates are also watching wages fall behind inflation. (40 percent of this group is enrolled in college.)
Americans are spending four percent less on food away from home than in 2007; but we're spending 42 percent more on health insurance. The Incredible Shrinking Incomes of Young Americans Gee that sounds terribly at odds with what is claimed by current crop of poiticians
Americans are spending four percent less on food away from home than in 2007; but we're spending 42 percent more on health insurance. The Incredible Shrinking Incomes of Young Americans Gee that sounds terribly at odds with what is claimed by current crop of poiticians