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  • Life Sentence For Longshore In Shelton Double Homicide Case

    LongshoreSentence"Like many cases, these murders were the result of the defendant who, because they placed a higher premium on greed and drugs than human life, cruelly took two lives." This was the reasoning presented by Mason County Supreme Court Judge Toni Sheldon on Thursday as she sentenced Charles Longshore to life… Read More +

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  • Governor Proposes Capital Gains Tax For Washington

    inslee boeingThe governor is proposing a new capital gains tax to help address a projected state budget gap of more than $2 billion over the next two-year budget cycle. Gov. Jay Inslee says a new tax on the sale of stocks, bonds and other assets would raise nearly $800 million during the… Read More +

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  • Seahawks Sign K.J. Wright To Extension

    kjwrightThe Seattle Seahawks have signed linebacker K.J. Wright to a four-year extension, the team announced this afternoon. "In the offseason, we identified K.J. as one of our core players moving forward and aimed to keep him as a part of the Seahawks family for a long time," said Executive Vice President & General Manager John Schneider. "The timing of this signing gives us the ability to keep as many of our core players together as we possibly can.

    Read More
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Reports: American Wages, Household Income Falls Flat

b_250_0_16777215_00_images_obgrabber_2013-08_c24a9eece3.jpgiStockphoto/Thinkstock(NEW YORK) -- A new study from the Economic Policy Institute (EPI) says Americans' wages have stagnated. "Wages have been flat for 10 years … dead in the water," Larry Mishel of EPI told ABC News. Mishel said this trend has been around since 2002 and is not specific to the Great Recession and its aftermath. The issue is pretty much across the board in low, medium and high income brackets, he said.  

The problem? EPI's Heidi Shierholz explains that persistant unemployment isn't helping.  

"With so few outside job opportunities, employers simply do not have to offer substantial wage increases to get and keep the workers they need," she said.

But even wages have been stagnant for 10 years, this news can't be helpful to those struggling to keep their heads above water in the sputtering economy. Another report released Wednesday provided proof that the American middle class is struggling.

Median household income is down by 4.4 percent since the economic recovery supposedly began in June 2009, according to a study by Sentier Research, which is run by two former U.S. Census Bureau officials.
 
Median household income was $54,478 in June 2009, but is only $52,098  as of June 2013.

Gordon Green of Sentier said their report can provide, "a measure of the net effect of economic activity on the middle class and how well they are able to buy food, housing and other necessities every month."

According to the data from Sentier, almost every group is now worse off than it was four years ago, with the exception of people ages 65 to 74, Green said.
 
The Census Bureau is set to release their official report on household income next month.

Copyright 2013 ABC News Radio

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