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Mike Shedlock: Real wages negative year over year for six months

Mike Shedlock: Real wages negative year over year for six months
Real wage declines persist for months

Real wages have been negative year over year for six consecutive months.

This assessment was shared by Mike Shedlock.

Shedlock has previously raised concerns about broader economic trends. He reported a record low in the consumer sentiment current conditions index, with independents experiencing the steepest decline. In a separate note, he questioned the rationale for U.S. imports of Russian diesel as export volumes remain significant.

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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