From Ben Casselman, Chief Economics Correspondent for The NYT -

"Faster inflation + slower nominal wage growth = falling average hourly earnings in real terms.

Average hourly earnings, adjusted for inflation, fell 0.5% in September.

Average hourly earnings, adjusted for inflation, are now essentially back to where they were when Trump returned to office. Meaning that, on average, Americans have experienced almost zero real wage growth during Trump's 2nd term."

https://bsky.app/profile/bencasselman.bsky.social/post/3mxtoa2rkm226
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