Re: US immiseration
On Mar 6, 2007, at 5:44 PM, James Heartfield wrote:
This is what the ILO says
http://laborsta.ilo.org/cgi-bin/brokerv8.exe#291 Non agricultural weekly hours US
1976 36.1 2006 33.9
A major reason for this is the decline in manufacturing jobs, which
have a longer workweek than services. But if more people are working,
aggregate hours will rise, as they have.
http://laborsta.ilo.org/cgi-bin/brokerv8.exe#291 Non agricultural earnings per hour dollars
1976 4.86 1986 8.76 1996 12.03 2006 16.76
“Real earnings are expressed in constant dollars and are calculated
from the earnings averages for the current month using a deflator derived
from the Consumer Price Index for Urban Wage Earners and Clerical Workers
(CPI-W). The reference year is 1982.”
That’s very nice, but the numbers cited are not adjusted for
inflation - they’re an almost exact match for the BLS’s nominal wages.
James, I quoted you the BLS’s figures for aggregate hours worked in
the private sector and for the real wage (deflated by the CPI-U).
They show a rise nearly twice the rate of the overall growth in the
pop for the former, and a significant decline in the latter. The ILO
isn’t going to tell you much different because they get the numbers
from the BLS.
Why do you have such a hard time believing this?
Doug
PS: The links don’t work, by the way.