Exact(7)
If the unofficial inflation measure RPIJ is used, which includes some housing costs, typical wages will remain well below the 2008 level until well into the next decade.
Most of the rewards from renewed growth are going to the wealthy, with top pay and profits forging ahead as typical wages stagnate.
Over the past 25 years American incomes have become less equally distributed, typical wages have grown surprisingly slowly for such a healthy economy and the real wages of the least skilled have actually fallen.
"But it really goes far beyond the typical wages and benefits story.
Under that scenario, project costs would jump 46% because those rates are almost double typical wages, according to Beacon.
But typical wages will go nowhere, joblessness will remain high, the ranks of the long-term unemployed will continue to rise, the housing recovery will remain stalled, and consumer confidence will sag.
Similar(50)
Over the last decade or so the typical wage of a woman in her prime has hovered around 80 percent of the typical wage for a man.
Its unemployment rate is low; the typical wage is 54% higher than the national average.
The typical wage for nonunion construction laborers in Texas is just $10 an hour — about $20,000 a year.
That's not achievable at today's federal minimum wage of $7.25 an hour, or at the typical wage for fast food workers, about $9.00 an hour.
I later tried to verify whether this was a typical wage for skilled labor in Dubai, but couldn't come up with a specific number.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com