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Work by the Numbers

Posted Mar. 24, 2008
Tagged: Work, Qvisory, Health, Money

Are you employed? Do you make an income that you can live on? Does your employer provide you with health care? If you answered yes to any of these questions, you might consider yourself one of the lucky ones.

Here are some statistics that illustrate the current economic landscape for American workers.

Although worker productivity rose by nearly 20 percent since 2000, the real median hourly wage rose by just 3 percent.
Census data shows that earnings of full-time, year-round workers in 2006 dropped for the third year in a row.
Nationally, jobs in industries that are growing pay 21 percent less than those in industries that are declining.
Since 2000, the Consumer Price Index rose by nearly 3 percent a year, leaving workers with considerably less buying power.
For America's younger workers, the picture is even worse. From 2001 to 2004, median income fell 8 percent for householders under 35.
As of 2006, the median income of working-age families was down 4.2 percent since 2000, a loss of $2,375 in 2006 dollars.
Only about half the workforce is offered and participates in health or retirement plans through their employer.

Qvisory is a community dedicated to helping you achieve your money, work, and health goals by providing objective information, valuable products, and innovative services that put you in control. We give you a voice to create change and advocate for your interests with the people and institutions that have influence over your life. See The Qvisory Team 's other posts and profile.

Qvisory's educational content is supported in part by the Qvisory Education Fund.

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