-Caveat Lector-
Gerald Harp wrote:
>
> -Caveat Lector-
>
> In a message dated 1/5/99 3:01:13 PM Eastern Standard Time, [EMAIL PROTECTED]
> writes:
>
> >
> > So are you saying that we need to return to the polocies of Ronald
> > Reagan who had been president during this last expansion?
> >
> > best wishes, Howard Davis
> >
>
> I hope not. I have not made the averages but according to the BLS, the
> December average weekly industry (nonfarm payroll) earnings in $1982 for 1972
> was $317 (the peak year), in 1980, just before Reagan, it had slipped to $274,
> in 1989 it was down to $262.
***
Is this figure only for industrial workers? If so, it would seem to
me that it would have included a larger percentage of overpayed union
workers in the earlier figure in comparison to the later (due to the
many layoffs in unionized fields, especially automotive). It would not
be indicative of the average pay of all average workers which would
include many other categories of workers traditionally non-unionized.
best wishes, Howard Davis
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