Real weekly pay is up…on avg. But hourly wage growth is stagnant. What’s up with that?

March 6th, 2015 at 1:43 pm

Over at PostEverything.

yrly_wkly

Source: BLS; *includes my estimate for inflation in Feb15.

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Categories: Federal Reserve, Full Employment, New Posts, Wages | 2 Comments »

2 comments in reply to "Real weekly pay is up…on avg. But hourly wage growth is stagnant. What’s up with that?"

  1. Sandwichman says:
    March 6, 2015 at 3:18 pm

    Isn’t that -0.3% “inflation” just a tiny bit of deflation? Itsy-bitsy? Teeny-weeny?

    • Jared Bernstein says:
      March 6, 2015 at 5:01 pm

      That’s overall inflation. Core inflation isn’t declining–though it’s growing pretty slowly too.