According to a new U.S.
Census Bureau publication— Income, Poverty, and Health Insurance Coverage in
the United States: 2005—the inflation-adjusted median earnings (also called
“real median earnings”) of both men and women who worked full time, year-round declined
between 2004 and 2005. The real median earnings of men dropped 1.8 percent to $41,386
in that time period, and the real median earnings of women decreased 1.3
percent to $31,858. In 2005, women earned about 77 cents on the dollar as compared
to men, which was about the same as in 2004. At the same time, real median
household income increased by 1.1 percent between 2004 and 2005, reaching
$46,326. Notably, 2005 marked the first year since 1999 in which real median
household income showed an annual increase. More information is available at www.census.gov/prod/2006pubs/p60-231.pdf.
Join us this fall in San Francisco for the California Employment Law Update conference, a 3-day event that will teach you everything you need to know about new laws and regulations, and your compliance obligations, for the year ahead—it’s one-stop shopping at its best.