I see my friend Jared Bernstein beat me to the punch in writing up the new data from Usual Weekly Earnings series. As he points out, the story for the median worker, those right at the middle of the income distribution, has not been good over the last year. Donald Trump doesn't seem to be making American great again for these folks.
Fortunately, there is a bit better story lower down on the income ladder, as we can see in the figure below.
Source: Bureau of Labor Statistics.
While real weekl...
Published on April 13, 2018 09:09