HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » WaPo - For the biggest gr...

Fri Jun 22, 2018, 11:36 PM

WaPo - For the biggest group of American workers, wages aren't just flat. They're falling.

For all the Fox News happy talk about the Trump economy, the ugly truth is that just as real wages started to go back up under President Obama, they have not only stagnated, but for some groups, real wages have gone down under Trump.

https://www.washingtonpost.com/news/wonk/wp/2018/06/15/for-the-biggest-group-of-american-workers-wages-arent-just-flat-theyre-falling/?noredirect=on&utm_term=.7d3130e6caf0

The average hourly wage paid to a key group of American workers has fallen from last year when accounting for inflation, as an economy that appears strong by several measures continues to fail to create bigger paychecks, the federal government said Tuesday.

For workers in “production and nonsupervisory” positions, the value of the average paycheck has declined in the past year. For those workers, average “real wages” — a measure of pay that takes inflation into account — fell from $22.62 in May 2017 to $22.59 in May 2018, the Bureau of Labor Statistics said.

This pool of workers includes those in manufacturing and construction jobs, as well as all “nonsupervisory” workers in service industries such health care or fast food. The group accounts for about four-fifths of the privately employed workers in America, according to BLS.

Without adjusting for inflation, these “nonsupervisory” workers saw their average hourly earnings jump 2.8 percent from last year. But that was not enough to keep pace with the 2.9 percent increase in inflation, which economists attributed to rising gas prices.

15 replies, 1863 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 15 replies Author Time Post
Reply WaPo - For the biggest group of American workers, wages aren't just flat. They're falling. (Original post)
TomCADem Jun 2018 OP
SCRUBDASHRUB Jun 2018 #1
Anon-C Jun 2018 #2
peggysue2 Jun 2018 #3
BigmanPigman Jun 2018 #4
TomCADem Jun 2018 #11
BigmanPigman Jun 2018 #12
TomCADem Jun 2018 #13
BigmanPigman Jun 2018 #14
smirkymonkey Jun 2018 #5
TalenaGor Jun 2018 #6
TheFrenchRazor Jun 2018 #8
TalenaGor Jun 2018 #9
TheFrenchRazor Jun 2018 #7
TomCADem Jun 2018 #10
UTUSN Jun 2018 #15

Response to TomCADem (Original post)

Sat Jun 23, 2018, 12:04 AM

1. I own a small woman-owned marketing consulting firm.

I started my company at the end of 2011. Business was doing much better under Obama. It's harder to sign clients now and to get some existing ones to pay on time. Despite doing good work, some are now trying to get multiple quotes instead of renewing contracts as well.

Very frustrating.

I don't think it's just me.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TomCADem (Original post)


Response to TomCADem (Original post)

Sat Jun 23, 2018, 12:10 AM

3. So much . . .

Winning! And as it turns out those states that the Trumpster rang up his fantastic electoral win--Michigan, Wisconsin, Pennsylanvia--are softening on Trump and his bombastic, serial lying.

So sad.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TomCADem (Original post)

Sat Jun 23, 2018, 12:40 AM

4. When will the deplorables realize this will effect them in their own pocketbooks?

Maybe when they add up the increases in their healthcare due to the ACA cuts, the tax scam benefits the rich, and the tariffs will make them earn less but pay more they will finally vote Dem.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BigmanPigman (Reply #4)

Mon Jun 25, 2018, 11:26 AM

11. Maybe They Willingly Pay this Racism Premium

This the tax some white voters would gladly pay to have their racism validated.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TomCADem (Reply #11)

Mon Jun 25, 2018, 12:49 PM

12. That is an interesting idea.

Add up all the costs that they end up paying due to their GOP vote as opposed to Dem votes. If a bill for each constituent had an attached bill on their ballot and they had to pay it in order to cast their vote that might sway a few of the "put your money where your moth is" group.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BigmanPigman (Reply #12)

Mon Jun 25, 2018, 09:24 PM

13. Lyndon Johnson Made This Observation in the 1960s...


Reply to this post

Back to top Alert abuse Link here Permalink


Response to TomCADem (Reply #13)

Mon Jun 25, 2018, 09:53 PM

14. Sage words!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TomCADem (Original post)

Sat Jun 23, 2018, 12:54 AM

5. K&R

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TomCADem (Original post)

Sat Jun 23, 2018, 02:09 AM

6. baby boomers can't retire

My coworker....has a terminal lung disease....he's 65 and works wearing oxygen.... 😟

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TalenaGor (Reply #6)

Sat Jun 23, 2018, 02:13 AM

8. can't he get disability? nt

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TheFrenchRazor (Reply #8)

Sat Jun 23, 2018, 10:52 AM

9. it's only 60% of his income so he's trying to figure it out

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TomCADem (Original post)

Sat Jun 23, 2018, 02:12 AM

7. this has been going on for decades. don't know why people keep acting like this is news. nt

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TheFrenchRazor (Reply #7)

Sat Jun 23, 2018, 10:57 AM

10. Stagnation is different from decline

If wages are flat in low inflation environment, then you just aren’T moving forward. However, flat wages in an inflationary environment means you are poorer, not just running in place, which is amazing given all the hype about the Trump economy on Fox News.

With Obama, the complaint was stagnation with real wage increases only happening on the tail end of his Presidency, which is likely attributable to the Great Recession.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TomCADem (Original post)

Mon Jun 25, 2018, 09:57 PM

15. K&R

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread