Overworked America: 12 Charts That Will Make Your Blood Boil

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In the past 20 years, the US economy has grown nearly 60 percent. This huge increase in productivity is partly due to automation, the internet, and other improvements in efficiency. But it's also the result of Americans working harder—often without a big boost to their bottom lines. Oh, and meanwhile, corporate profits are up 20 percent.

YOU HAVE NOTHING TO LOSE BUT YOUR GAINS

Productivity has surged, but income and wages have stagnated for most Americans. If the median household income had kept pace with the economy since 1970, it would now be nearly $92,000, not $50,000.

GROWTH IS BACK...

...BUT JOBS AREN'T

SORRY, NOT HIRING

The sectors that have contributed the most to the country's overall economic growth have lagged when it comes to creating jobs.

THE WAGE FREEZE

Increase in real value of the minimum wage since 1990: 21%

Increase in cost of living since 1990: 67%

One year's earnings at the minimum wage:$15,080

Income required for a single worker to have real economic security: $30,000

more...

http://www.motherjones.com/politics/2011/06/speedup-americans-working-harder-charts

Edited April 7, 2014 by Porterhouse