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Re:The Big Lie: 5.6% Unemployment by nostromo on Tuesday February 03, 2015 @03:36PM (#8993166)
From your own source:

https://s2.yimg.com/bt/api/res/1.2/WphI5hi8meGKLNEtu6eygg--/...

So, incomes were flat or down for 14 years, and have since slightly rebounded to be just 4% less than in 2000, not 8% like they were. Shall I pop the champagne or do you want to?

Re:The Big Lie: 5.6% Unemployment by adventured on Tuesday February 03, 2015 @04:06PM (#8993368)
Of course wages were flat or down, there hasn't been a particularly strong - or sustained strength - labor market since 2000. In the 2005-2007 time frame there was a brief respite, and that of course was not only fake (powered by the housing bubble) but crashed.

Fact is, once enough slack is removed from a labor pool, wages rise. Happens every time.

It's exactly what occurred in the 1980s and 1990s. Wages weren't booming in the 1990s until the unemployment rate got to a certain low level toward the last several years of the decade.

I wouldn't expect wages to rise when U3 unemployment is 7% or 8%. I would expect to see it at closer to the 4% to 6% range. That's historically what has been the case, and we're seeing it happen again right now. If we add another ~3 million jobs in 2015, wages will rise at a healthy clip.

Re:The Big Lie: 5.6% Unemployment by thedufer on Tuesday February 03, 2015 @03:51PM (#8993268)
Neither income nor unemployment is back to previous normal levels. How exactly is this evidence that there's no correlation between the two?
Re:The Big Lie: 5.6% Unemployment by seizethecheese on Tuesday February 03, 2015 @03:44PM (#8993222)
Your data is for households. One recent trend is that households are getting smaller which skews household statistics.