• Phil Hardwick

As share of personal income, private paychecks at record low; govt paychecks at record high

USA Today article reports:

Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds.

At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010.

#highpayusatoday #privatepayrollsvsgovernmentpayrolllowpay

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