US wages and salaries rise at record-low levels
Deep Politics Monitor (Free subscription) | 11/04/2009
By Andre Damon 31 Oct 2009 Employment costs in the US rose at the lowest annual amount in at least 27 years, according to data released Friday by the Labor Department. Stagnant wages and salaries are the outcome of government policies designed to lower the living standards of workers. Over the past 12 months, the Labor Department’s Employment Cost Index rose by 1.5 percent, marking...