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Real hourly earnings decline again without growth, Mike Shedlock notes

Real hourly earnings decline again without growth, Mike Shedlock notes
Real hourly earnings decline again

Mike Shedlock, author / blogger at MishTalk, highlights a continued decline in real hourly earnings in the United States and notes that there has been no growth in this metric since U.S. President Donald Trump took office.

He suggests that this stagnation is contributing to the feeling among Americans that they are not getting ahead financially.

Shedlock has recently addressed other key market topics. He described the long bond yield holding above 5.0 percent as an indicator of continued pressure in the bond market in a recent article. He has also argued that the petrodollar concept is not a meaningful factor for global reserve currency status in a separate post.

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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