Monday, August 29, 2016

Americans Have Gotten a Raise

Has your salary gone up in the past five years? Sixty-eight percent of Americans say they are making more money than they did five years ago, up from 58 percent who said so then, according to a new Gallup survey. Meanwhile, 20 percent of U.S. workers report they are making less money, down from 28 percent when Gallup last asked this question in 2013. 

Thirty-one percent of Americans say they are making "a lot more" than they did five years ago, while 13 percent who say they are making "a lot less." In 2013, a slightly higher 18 percent said they were making a lot less money.

While 22 percent of those employed at their job for less than five years say they are making less money, nearly as many who have worked in their job for more than 10 years (19 percent) also report making less money. In other words, workers who were already in their job before the recession began are just as likely as those who began working after the recession to say they are making less money.

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