Real wages falling

People leaving the work force, real wages falling. If people think that they are having a hard time getting by, it isn't their imagination. Things don't look very good here. Why aren't these numbers getting more attention? So much for economic growth.

Here are the real (constant 1982-1984 dollars) earnings for all employees on private nonfarm payrolls, seasonally adjusted

Real average hourly earnings Nov. 2010 $10.38 Nov. 2011 $10.22
Real average weekly earnings Nov. 2010 $355.04 Nov. 2011 $350.68

Here are the real (constant 1982-1984 dollars) earnings for production and nonsupervisory employees on private nonfarm payrolls, seasonally adjusted.

Real average hourly earnings Nov. 2010 $8.94 Nov. 2011 $8.75
Real average weekly earnings Nov. 2010 $299.46 Nov. 2011 $293.93