wages

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Men No Longer Doing Better Than Their Fathers

Study shows American men in their 30s earning 12% less than dads did study,

(Newser) - American men in their 30s are doing worse than their fathers did financially, a change from just 10 years ago and a reversal of the expectation that each generation will exceed the success of their parents. In 2004, the median income for a man in his 30s, adjusted for inflation,...

Congress Hikes Minimum Wage
Congress Hikes Minimum Wage

Congress Hikes Minimum Wage

National minimum goes to $7.25 by 2009, small business gets tax breaks

(Newser) - Congress has raised the national minimum wage for the first time in 10 years, from $5.15 to $7.25 per hour. The hike, part of a compromise between the White House and Congress over Iraq funding, will take effect in three stages over the next two years. It will...

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