Mark's Notebook


I never came upon any of my discoveries through the process of rational thinking.
- Albert Einstein

Lagging wages amid growth puzzles economists

San Francisco Chronicle, New York Times

Tuesday 12 April 2005, 5:56 pm
Keywords: News Articles

Steven Greenhouse, New York Times

Even though the economy added 2.2 million jobs in 2004 and produced strong growth in corporate profits, wages for the average worker fell, after adjusting for inflation -- the first such drop in nearly a decade.

http://sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2005/04/12/BUGCUC6
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