Broken Employment

For the third consecutive month real average weekly earnings fell year-over-year. In March, at least, with the CPI starting its downward leg the decline was by the smallest amount; essentially flat but fractionally less than zero. It was the first time real wages have fallen three in a row since early 2012. The six-month average is just about zero, too, unsurprisingly also the lowest since mid-2012.

This post was published at Examiner by Jeffrey P. Snider ‘ April 20, 2017.