FROM THE WORLD’S PRESS . . .

LansingStateJournal

LSJ (May 7th):  “Raises missing in recovery”

“Hourly wages ticked up 4 cents in April to an average $23.87, rising at about the same 2 percent annual pace since the recovery began in mid-2009.

“Workers who rely on paychecks for their income have been running in place, financially speaking.   Adjusting for inflation, an average worker who was paid $49,650 at the end of 2009 is making about $545 less now  — and that’s before taxes and deduction.”  (Paul Davidson and John Waggoner, USA Today)

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