Common Cents for January 18th 2013

January 23, 2013, by John Norris

This morning, the Bureau of Labor Statistics (BLS) issued a nearly invisible report: “Usual Weekly Earnings of Wage and Salary Workers: Fourth Quarter 2012.” While the markets don’t pay much attention to it, I happen to like this thing, as it sheds significant light on the true health of the economy. We can look at job growth, ISM reports, and the like. However, where the rubber meets the road, is the average American worker getting...

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