According to an analysis conducted by two former census bureau officials median income for the average American is still around 6 percent lower (after adjusting for inflation) than when the recession began in early 2008. So if you feel poorer today than you did a few years ago you are not alone. The drop in […]
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President Obama has proposed raising the 2013 federal minimum wage to $9, from the current hourly minimum of $7.25. The current minimum-wage, last raised in July 2009, equals an annual income of about $15,000. Even though many states may have higher minimum wage rates than federal standards (the higher rate applies), millions of American workers would see a […]
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