The pace of wage and salary growth was also much slower than first reported.
As a result, a net of only 1 percent of wage and salary income was misreported.
The big question is what will happen to corporate buying if wage and salary growth continues to weaken?
Median usual weekly earnings of full-time wage and salary workers are up 0.3 percent from 2011-Q2 to 2012-Q2.
In fact some employers go so far as to not permit workers to share wage and salary information with each other.
FORBES: Should Employers Be Allowed To Prevent Workers From Sharing Their Salary Information?
Plus, unlike wage and salary income, it is also exempt from Social Security and (for a little while longer) Medicare payroll taxes.
This view is based on the household survey, he said, which showed employment of private sector wage and salary workers rose 319, 000.
The W-2 is the annual tax form with wage and salary data that employers provide to workers and the Internal Revenue Service.
It very well may be the case that sharing of wage and salary information would not lead to much or any extra unemployment.
FORBES: Should Employers Be Allowed To Prevent Workers From Sharing Their Salary Information?
The percentage of all wage and salary U.S. workers in a union, at 11.3%, is roughly half what it was 30 years ago.
If workplaces can prevent wage and salary information from being shared, it may stop fairness norms from getting in the way of employment maximizing wages.
FORBES: Should Employers Be Allowed To Prevent Workers From Sharing Their Salary Information?
My best guess today is that wage and salary growth will weaken through year end and be worse if the payroll tax cut is not renewed.
But as we are now entering mid-March, and all bonus income has been paid, wage and salary growth before inflation seems to have stabilized at just over 2 percent year-over-year.
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And I would be shocked if wage and salary growth picked up to even 4% year-ove-year before dropping back down to the 2% range given what is happening around the world.
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Today wage and salary growth is down to 3%.
FORBES: Current Government Spending Is Not Creating Enough Growth
To find out, Forbes analyzed the median weekly earnings of full-time wage and salary workers in 2012, detailed by occupation and gender and tracked by the U.S. Bureau of Labor Statistics (BLS).
Together, these 3.8 million workers with wages at or below the Federal minimum made up 5.2 percent of all the hourly-paid workers who comprise 59.1 percent of the entire wage and salary workforce.
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In the real world what should be most important right now is that wage and salary growth has slumped to a 2.3 percent year-over-year rate of growth from Friday March 26 through Thursday, April 11.
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Since 2000, the wage and salary growth rate peaked at over 8% only for the first half of 2006 and for the record, wage and salary growth averaged 7% between first quarter 2005 and third quarter 2007.
FORBES: Current Government Spending Is Not Creating Enough Growth
Wage and salary growth has slowed from about 4.5% before inflation year-over-year during the height of QE2 during first half of last year to a meager 3.2% nominal growth year over year since the start of this year.
It reflects a formula that is used to compute wage and salary increases, and is lower than it's been in the past because inflation is lower than it's been in the past, and so follows from that observation.
So studies of wage, salary and labor income count this large source of income concentrated among the top income earners in the later years, but not in the earlier years, showing a large increase in inequality and in the incomes of the top earners over the years.
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Today, a family with two kids that works hard and relies on a minimum wage salary still lives below the poverty line.
These farmers pay workers a salary way above the minimum wage, and even provide their children with free schooling, our reporter adds.
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Only you can make a difference in your unequal salary, promotional opportunities, income, wage and career status.
FORBES: You Won't Close Your Own Wage Gap If You Don't Know This
The survey covers full- and part-time workers who are paid a wage or salary.
The Conservative-led administration said most councillors worked almost full time for a part-time salary and staff were paid at least minimum wage.
Rather than send checks out, the federal income tax tables were adjusted so that taxpayers who were paid a wage or salary by an employer saw a little more in their paychecks in 2009 and 2010.
The Transport Workers Union Local 100 wants wage increases pegged to inflation, the first specific salary demands made in negotiations between the transit union and the MTA, according to people close to the negotiations.
The researchers conclude this wage gap results from a combination of women choosing lower-paying fields, lingering gender discrimination and differences in salary negotiations.
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