Wage stagnation, long the bane of blue-collar workers, is now hitting people with bachelor's degrees for the first time in 30 years. Earnings for workers with four-year degrees fell 5.2% from 2000 to 2004 when adjusted for inflation, according to White House economists.
Yep! The economy is booming and we're all better off. Unless we aren't. And it turns out, we aren't. That Raise Might Take 4 Years to Earn as Well - Los Angeles Times |