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Lower-income groups report greater nominal wage growth since pre-pandemic, Ernie Tedeschi notes

Lower-income groups report greater nominal wage growth since pre-pandemic, Ernie Tedeschi notes
U.S. Q1 wage growth for lower earners

New data for the first quarter of 2026 reveals that lower earners in the U.S. experienced stronger nominal wage growth compared to higher earners.

Ernie Tedeschi highlighted this trend by comparing pre-pandemic earnings and recent periods, shedding light on the ongoing K-shaped economic debate about uneven recovery and wage dynamics across income brackets.

Tedeschi has recently commented on trends in specific job sectors. He observed that the entry-level share of legal jobs remains slightly above trend, while finance is slightly below. He also questioned the need for an OER-consistent CPI, noting the PCE index's historical consistency.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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