Are wages still growing? And what about wage compression?
Are you not concerned that BLS does not do wage indexes but only remuneration unit value indices? If not, why am I wrong to be concerned?
Yes, looking at the Consumer Expenditure Survey, real per capita income under Biden was well above Trump and Obama. 2006 though, was almost as high as 2021-2023
Are you not concerned that BLS does not do wage indexes but only remuneration unit value indices? If not, why am I wrong to be concerned?
Yes, looking at the Consumer Expenditure Survey, real per capita income under Biden was well above Trump and Obama. 2006 though, was almost as high as 2021-2023