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2023-08-10 16:44:03

The Democratic Difference on Nostr: LATEST REPORT FROM THE LABOR DEPARTMENT: Wages in the Biden economy are rising faster ...

LATEST REPORT FROM THE LABOR DEPARTMENT:

Wages in the Biden economy are rising faster than inflation.

Real (inflation-adjusted) average hourly earnings rose 1.1% over the past year among all employees and rose 1.9% among production and non-supervisory employees. https://www.bls.gov/news.release/realer.nr0.htm

Reminder: One year ago this month, Democrats passed the Inflation Reduction Act, which all Republicans in Congress voted against.

#Economy #USPol #USPolitics
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