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| Economy |
| JoeBamanomics – Federal BLS Report Shows Declining US Wages 1.2 Percent Lower Than Last Year, Biden Administration Leading Economic War on Women |
| 2021-07-17 |
| [The Last Refuge] Well, well, well.... though financial media will say this is remarkably unexpected, it is something CTH specifically predicted we would see — and it is happening exactly on the timeline CTH anticipated. The Bureau of Labor Statistics releases the second quarter national wage rate data today {BLS DATA HERE}. U.S. wages DECLINED 1.2% in the second quarter of 2021 compared to last year. When reviewing the data [Table 2], look at the negative impact to women, specifically Black and Asian women: TOP LINE — Combine a 1.2% decline in earned wages with a 5.4% overall inflation rate recently reported {Go Deep}, and what you get is a 6.6% drop in real income amid the working class. That, my friends, is exactly what we said should be expected. That is also why the JoeBama administration needs to pump more money into the system (human infrastructure spending) in order to stop people from realizing just how bad it is. |
| Posted by:Snomoth Whereling9836 |
| #4 A July 2019 comparison versus at July 2020 comparison would be of more interest to me. In 2019 there was low unemployment and people wanted to work, 2020 folks were locked down. In my neck of the woods finding employees is very difficult and wages are up significantly. Production is off 30% because I can't hire workers. At least in 2019 you could hire but they'd frequently leave for a better paying job in less than a year. |
| Posted by: Spoter B 2021-07-17 09:58 |
| #3 Biden Administration Leading Economic War on Women My femto-violin for all affirmative action hires. |
| Posted by: g(r)omgoru 2021-07-17 04:08 |
| #2 Made possible by woke feminist idiots voting for JRBjr., weep and you reap what you sewed. |
| Posted by: Lionel Fillmore9492 2021-07-17 00:42 |
| #1 Made possible on the blue collar area by massive influx of illegal aliens and H1B1 low wage techs from other nations. |
| Posted by: Blackbeard Barnsmell6454 2021-07-17 00:10 |