Wednesday, February 23, 2011

Today's Stat

Camaros at Chicago Auto Show

$55.00 / hour

is the average hourly rate that General Motors pays workers in the U.S.  Compare that to:

$7.00 / hour for GM workers in Mexico
$4.50 / hour for GM workers in China
$1.00 / hour for GM workers in India

In Mexico, China, and India GM is considered a high paying employer.

Data form Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry by Steven Rattner.  Rattner was the head of the 14 person Auto Team in



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