From the above graph it is apparent that real weekly earnings have barely grown since 2012.
Posts Categorized: Earnings
Check out this awesome visualization of the Shifting Incomes for American Jobs from Nathan Yau at Flowing Data. Nathan’s interactive chart shows the distributions of incomes for major occupational groups over several decades:
The July jobs report, released by the BLS last Friday, shows that wages (specifically average hourly earnings) are now growing at their fastest rate since the end of the great recession. The number most often cited was 2.6% year-on-year growth rate for both June and July. That figure is based on the seasonally adjusted series… Read more »