Think Progress reports that wages for college graduates have not increased over the last 10 years. In fact, they have dropped 5.4% (1.6% for men, 8.5% for women). This data was taken from The Economic Policy Institute.
This news is very troubling given the trouble recent college graduates are having finding decent jobs. It’s logical to assume that the wage decline will be even steeper in the future. Not good news.
Meanwhile, the Board at JP Morgan Chase approved Jamie Dimon’s annual compensation of $23 million. Nice work if you can get it.