"Report: 10 States Saw Wages Decline Over The Past Decade"
As the nation celebrated Labor Day yesterday, a new report finds that “the first decade of the new millennium was a lost decade for America’s workers” — particularly in 10 states. According to Policy Matters Ohio, the states of Ohio, Tennessee, Michigan, Alaska, Minnesota, Missouri, Illinois, South Carolina, Indiana, and Iowa all saw their inflation-adjusted median wage decline from 2000 to 2010. Ohio tops the list with an 86 cent loss over the decade. Nationally, “wages grew just 3.3 percent, a 51-cent gain.” Incidentally, while these states were seeing a decrease in wages, two-thirds of American income growth went to the top 1 percent of America’s wealthy.