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progree

(10,901 posts)
12. Real weekly earnings... Obama last 3y: +4.48%, Trump's first 35 mo: +2.84%, Last 12 mo: +0.31%
Tue Feb 11, 2020, 03:24 PM
Feb 2020

Real (meaning inflation-adjusted) average weekly earnings of production and non-supervisory workers:
http://data.bls.gov/timeseries/CES0500000031

I'm using Trump's first 35 months instead of 36 months because the January CPI report won't be released until February 13. I'll then be able then to do Trump's 36 months and last 12 months through January 31. But anyway, this is how it is shaping up.

What's odd is that pretty much ever since Trump has been president, the media has been talking about the tightening labor market and wages finally rising. Well, the figures show a wage slowdown compared to Obama's last 3 years.



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