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Election 2004 How are Working Families Doing Under the Bush Administration? Print copies for distribution. PRODUCTIVITY |
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| People Like Them | BANKRUPTCIES
PRODUCTIVITY |
People Like Us |
| Lopsided
benefit for employers Between 2000 and 2003, the annual productivity rate grew by 3.8 percent, a big increase over the 2.4 percent growth in the 1990s. [U.S. Department of Labor] Productivity grew 72 percent from 1973 to 2003. [State of Working America, 2004-05, EPI, Mishel, Bernstein and Allegretto, 2004] |
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overtime, less pay For the first time, incomes are stagnant despite an increase in labor productivity. Manufacturing is at its lowest level in 45 years. U.S. workers are working two and three jobs, and record hours to get by. The administrations answer a change in federal overtime pay rules to deprive 6 million workers of overtime pay, and then give employers a cheat sheet on how to avoid paying overtime to newly qualified workers. [Pay cuts, anyone? St. Louis Post-Dispatch, 1/7/04] |
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