5/10/18: Wages for the average American worker are up, but despite the decline in unemployment, only slightly more than in recent years. The average wage increase hit three percent annually in January 2015, once recovery from the recession took hold. It has fluctuated since, from a high of 3.9 percent, annualized, in November and December 2016, when Obama was in office, to a low of 2.9 percent in December 2017 and again in February 2018. For March, the average median gain was 3.3 percent, year-over-year.
For the 12-month period from April 2017 to April 2018 the
inflation rate nationally was 2.5 percent.
In other words, the average worker wasn’t gaining all that
much ground; and the average worker has way less chance of having affordable
healthcare since President Trump took office.
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Wages for most American workers rise only slowly. |
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