So far this year :-
131,000 full time jobs have been created
141,000 part time jobs have been created
291,000 people have taken an additional part time job (291,000 more multiple job holders).
This gives an increase in total wages of around $9bn.
However the Fiscal Cliff deal imposed tax hikes of $200bn on the middle class and below.
So far this year taxes have risen by $66bn
Disposable incomes have declined by around $57bn so far this year.
It is hardly surprising that the latest economic data indicates that recession is not far away.
http://www.demeadville.com/baro.html
Other factors
Hours worked is the same as January so there is no difference.
Inflation in basic necessities is higher than wage rises, particularly in things like food and gas.
The $57bn decline in disposable incomes is a significant understatement.
Labor rates will continue to be pressured by the huge over hang in the global labor supply and by increases in real unemployment.
Real unemployment has gone up by 553,000 people since the start of the year.
(Only 272,000 new people have found jobs and 825,000 have been added to the "civilian noninstitutional population" - i.e.those that could work.)
When Obamacare is fully implemented from October 2014, it will take around $300bn out of middle class pockets.
As more people become aware of the expected 30 to 100% rises in Healthcare premiums next year, they are likely to start saving up for it and reducing their spending.
We have already seen a decline in credit card debt of around $9bn recently.
Things are going to get much worse in 2014.
Appendices
NFP payroll data. Jobs numbers without the hype.
http://ian56.blogspot.co.uk/2013/05/aggregated-nfp-employment-numbers-for.html
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