Recent wage data from the Atlanta Fed ...

Dec 2018
5,673
1,524
New England
... and it doesn't seem to be jibing with the "only the rich getting richer" mantra of the left.

As reported in the National Review, here's a graph summarizing the Fed's data:

1578839578481.png

And some deeper observations from the data:
  • When it comes to race, wage growth for whites was a tick behind, at 3.5 percent, while non-whites charged ahead at 4.3 percent.
    [*]In terms of age, the young and the restless rule. Those ages 16 to 24 saw wages climb 8.4 percent. Americans 25 to 54 enjoyed 3.9 percent higher paychecks. And the typically higher-income 55-plus crowd was behind the curve, with 2.5 percent wage growth.
    [*]Bachelor’s degrees generated 3.7 percent wage boosts for those who held them. But those who went no further than high-school graduation also savored 3.7 percent higher pay. Those with associate degrees saw their checks grow just 3.2 percent.
    [*]While those in finance and business services scored 4.1 percent higher salaries, workers in manufacturing, construction, and mining were in a photo finish with them at 4.0 percent.
    [*]While job stayers earned 3.2 percent more money, job switchers scored an extra 4.3 percent.
    [*]Interestingly enough, those with low, medium, and high skills all shared 3.6 percent wage increases, matching the nationwide bonus.
 
Jul 2014
15,927
10,153
massachusetts
Nice spin...National Review....they didn't mention that a number of states raised the minimum wage, which was what actually boosted wages for the lower tiers....but their target audience is idiots...
 
  • Like
Reactions: Clara007
Jun 2018
7,179
1,678
South Dakota
Nice spin...National Review....they didn't mention that a number of states raised the minimum wage, which was what actually boosted wages for the lower tiers....but their target audience is idiots...
I'd like a little proof of your statement please.
 
Jul 2014
15,927
10,153
massachusetts
I'd like a little proof of your statement please.
Really, you want proof that 20 states raised their minimum wage last year?
That 24 states have raised or will raise their minimum wages in 2020......
 
Jul 2019
9,832
6,612
Georgia
here's a direct link to the Atlanta Fed's site, so you can see it without the spin


interesting stuff, slight improvement, but nothing really to write home about