In recent weeks, Treasury Secretary Janet Yellen and Sen. Tim Scott offered seemingly contradictory claims when discussing the impact of inflation on the typical American’s wages and income. During ...
Along with the consumer price index, the Bureau of Labor Statistics also released data on inflation-adjusted wage growth for January. Last month, real average hourly earnings for all employees ...
August Real Earnings: According to the U.S. Bureau of Labor Statistics, real average hourly earnings -0.1% M/M, +0.7% Y/Y on a seasonally adjusted basis. Real average weekly earnings -0.1% M/M.