Paul wrote:
>
> Real wages have risen, not fallen (wage SHARE of wages+profits has fallen
> though) but I haven't got a quick link for real wages as calculated by the
> SS formula.  What Doug posted was yet another: issue wage RATE.  Here is
> the quote for Doug:
>
> >Real hourly earnings for all private sector workers:
> >
> >Jan 73 (high) to May 95 (low):    -18.1%
> >May 95 to Nov 03 (latest high):   + 9.9%
> >Nov 03 through Jan 05 (latest):   - 1.0%
> >latest vs Jan 73 peak:            -10,8%
>
What is the difference between "real wages" "[real?] wage RATE"?

Carrol

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