Good articles on how workers have not benefited from economic growth.
Wage growth at 3% means that the profit on sales increases, which means that Trump supporters are subsidizing those with fewer expenses and greater assets that grow due to the higher profit from lower wages. Thank you!!!–https://t.co/EGTA8D1WJw
— Scott Haas (@scotthaas27) July 14, 2018
Is it great to be a worker in the U.S.? Not compared with the rest of the developed world. The U.S. has very high income inequality, a very high % of low-wage workers & an unusually stingy system of unemployment benefits. https://t.co/bZfCzY6TTB pic.twitter.com/xyUoPg1dYx
— Steven Greenhouse (@greenhousenyt) July 5, 2018
Six months after the Trump tax cuts " real wages fell 1.4 percent from the prior year" https://t.co/s7cfN1LCow
— Heidi Przybyla (@HeidiPrzybyla) July 15, 2018
Stuck wages for most U.S. workers looks like more than a blip in the booming economy, and some mainstream economists say the government may have to step in.
— Axios (@axios) July 15, 2018
Real median earnings, full-time workers, have been falling on yearly basis for the past 3 quarters, as per BLS data out this AM. This may soon be the longest expansion on record, but it sure isn't consistently reaching a lot of people's paychecks. pic.twitter.com/78ByEgw8Jr
— Jared Bernstein (@econjared) July 17, 2018
Usual weekly earnings for fulltime workers ⬇️0.7% over the year after adjusting for inflation as rising prices more than wiped out modest wage gains, says @BLS_gov.
The economy is not increasing working families' living standards.https://t.co/qwvWmiNNDB pic.twitter.com/sFbtYbUqTB
— Aaron Sojourner (@aaronsojourner) July 17, 2018
Sad! 