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Majority of U.S. Workers Make Less Money

February 12, 2013

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Destin, FL (RPRN) 02/12/13 — More than two out of three workers make less money than they did ten years ago, according to a new survey by Money Journal, which gauges consumers attitudes on the U.S. economy and provides insight and articles with expert advice on making and saving money.

Some 67% of those who took the online poll over the last two weeks said they are bringing in less money than they did a decade ago. Only one out of three said they were making more, which confirms a trend that has long been reported, which is that wages for U.S. employees have not gone up on average in the past 30 years.

Jobs that have been out-sourced over seas and automation in many industries, including the auto business with the advanced use of robots have cut the number of workers on assembly lines and in other work places.

The nation’s unemployment problem remains critical, and rose last month when it was reported to average 7.9% by the U.S. government. Getting employers to hire more workers is a major theme of the Obama administration, but with a weak economy it may be difficult to develop.

Financial experts in business, including stocks, bonds, real estate and banking provide detailed reports and analysis so consumers can protect themselves better in the world of finance and save money with insight and advice from Money Journal. There are lots of ways to save money, make better investments to gain higher returns and learn about services to save money on all sorts of products on everything from a mortgage to power bills to the price of a tank of gas.  

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