Sorry America: Hope For Income Growth Collapses As Real Wages Stagnate For Second Month In A Row
by Tyler Durden
ZeroHedge.com
Thu, 07/12/2018
‘Hope’ was never a good strategy…
Since President Trump was elected, expectations for rising incomes soared to its highest level since 2001 in March.
However, as real average hourly earnings growth has subsided, that hope has suddenly crashed back to reality…
So much for those ‘soft’ survey questions!
In fact for the last two months, real average hourly earnings growth has been unchanged on a year-over-year basis.
But it’s not like you didn’t get a pay rise America – Real average weekly earnings up $0.88 from a year earlier to $371.05.
So stop complaining!!
The Rest…HERE
