Skip to main content

Oregon's rich getting richer and all others falling behind, wage study shows | Oregon Business News - OregonLive.com

Oregon's rich getting richer and all others falling behind, wage study shows | Oregon Business News - OregonLive.com: "A new analysis of state wages shows that the gulf between Oregon's wealthy and everyone else continues to widen.

Oregon's wealthiest are not only earning more, but the rate at which their incomes are growing far outstrips the middle class and the poor.

Meanwhile, the middle class continued to encounter stagnant wages this past decade -- even during the vaunted economic boom that preceded the bust -- and saw its compensation fall back to 2001 levels in the recession-racked year of 2008, according to a draft analysis of wage trends by the Oregon Employment Department.

Inflation-adjusted annual wages for Oregon's top 2 percent of earners hit $153,480 on average in 2008, a 29.5 percent increase from 1990."

Comments

Post a Comment

Popular posts from this blog

Evidence of torture used in Iraq | Special Reports | Guardian Unlimited Politics

Evidence of torture used in Iraq | Special Reports | Guardian Unlimited Politics : "The Foreign Office says the 'government, including its intelligence and security agencies, never use torture for any purpose' ( MI5 and MI6 to be sued for first time over torture, September 12). The evidence in the public domain from the court martial into the death of Baha Mousa and the serious abuse of 10 other Iraqi civilians is clear in establishing this is not true. UK armed forces went into Iraq with a written policy that allowed hooding, and with a policy of training interrogators to use hooding, stressing and sleep deprivation to gain intelligence. Iraqi civilians were routinely hooded in up to three sandbags - and even old plastic cement bags. When Baha Mousa died in September 2003, partly as a result of abuse while hooded, common sense dictates that at least at that point those in positions of responsibility within the civil service and military would have acted to change the poli...
Post a Comment
Read more