This is a pretty short post but I wanted to capture this fact. A while ago I was trying in vain to find some data about what percentage of people are paid hourly and how many are paid salary. I stumbled into the number on a BLS site.
At : Characteristics of Minimum Wage Workers: 2011 they say :
"In 2011, 73.9 million American workers age 16 and over were paid at
hourly rates, representing 59.1 percent of all wage and salary workers."
There you go, 59.1% of people are paid hourly wages. That means therefore that 40.9% are paid salary. They exclude people who are self employed.
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I've been salaried for as long as I can remember. I'm not complaining but when you put in a 60 hour week it gets painful to think about it.
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