Wages and salaries jump by 3.1%...highest level in a decade (unemployment, minimum wage)

[JackF]

CNBC article...#WINNING


https://www.cnbc.com/2018/10/31/wage...-a-decade.html

[sware2cod]

Thanks in part to the Democratic push for higher minimum wages....

In addition to the tighter job market, various states, communities and private companies have passed minimum wage increases

[James Bond 007]

Originally Posted by JackF

CNBC article...#WINNING


https://www.cnbc.com/2018/10/31/wage...-a-decade.html

And another CNBC article. #LOSING.

An economic mystery: Despite the hot economy, wages are barely growing, adjusting for inflation

You may have heard that wages are finally starting to go up — and they are. The latest number from the Bureau of Labor Statistics shows growth of more than 3 percent, the highest in almost a decade.

But there's a big caveat to this number. It's not adjusted for inflation.

When taking that into account, wages are growing less than 1 percent faster than inflation. And this holds across a few different measures of compensation.

[subaru5555]

Yet wages aren’t keeping pace with the CPI or inflation rate.

#NOTWINNING

[rupp-certified]

Originally Posted by subaru5555

Yet wages aren’t keeping pace with the CPI or inflation rate.

#NOTWINNING

Wage growth is in fact exceeding inflation, and by the largest amount in 10 years. Try to keep up here.

[Goodnight]

Its nice to hear people finally believing in government statistics like wages and unemployment gains for the last 8 years. Now they like them.


Anyway this is good news.

[James Bond 007]

Originally Posted by rupp-certified

Wage growth is in fact exceeding inflation, and by the largest amount in 10 years. Try to keep up here.

You need to look at the chart at the link:

Originally Posted by James Bond 007

And another CNBC article. #LOSING.

An economic mystery: Despite the hot economy, wages are barely growing, adjusting for inflation

[subaru5555]

Originally Posted by rupp-certified

Wage growth is in fact exceeding inflation, and by the largest amount in 10 years. Try to keep up here.

That’s a big fat lie, as I’m sure you’re aware. Refer to post #3.

[rupp-certified]

Originally Posted by subaru5555

That’s a big fat lie, as I’m sure you’re aware. Refer to post #3.

I did. It says wage growth is 3.1% and inflation is 2%. You said wages aren't keeping pace with inflation.

[EastwardBound]

Originally Posted by JackF

CNBC article...#WINNING


https://www.cnbc.com/2018/10/31/wage...-a-decade.html

But, Trump is mean an says things like they are. It doesn't matter that unemployment is at 50-year lows and all-time lows for African-Americans and Hispanics, that wages have grown more than 3%, that industry is returning, that the US is number one in oil production and that things are generally going extremely well.

No, nothing else matters except that he speaks like regular Americans and speaks off the cuff. That meanie!