September 05, 2005

Happy Labor Day!

CEO pay has gone up again this year. The average CEO now makes US$ 431 for each dollar earned by the average production worker.

Not like CEOs are worth it

[Graphic: NY Times]

And here's a nugget of perspective: If the minimum wage had kept pace with bosses' pay since 1990, it would be $23.03 an hour.

Via NY Times.

Posted by Magpie at September 5, 2005 02:31 PM | Labor | Technorati links |