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Labor Day: Real Wages Are Falling in the Biden Economy

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It’s not your imagination: it really is harder to make ends meet these days.
Real average hourly earnings for all employees decreased 0.1 percent …

It’s not your imagination: it really is harder to make ends meet these days. Real average hourly earnings for all employees decreased 0.1 percent from June to July, seasonally adjusted, according to data from the U.S. Bureau of Labor Statistics. Businesses across America are paying their workers more as they struggle to fill a record number of open positions. Wages increased four-tenths of a percentage point in July.

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