Americans’ Real Wage Growth Slumps Most In 6 Years

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Via ZeroHedge

And just like that, a million hopeful voices cried out in horror…

Real average hourly earnings shrank by the most since 2012 in July…

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https://www.zerohedge.com/sites/default/files/inline-images/2018-08-10_5-39-36.jpg?itok=vGnoWKdR

For years hope has been soaring that household income will rise any minute now… and despite two years of disappointment, they remain optimistic…

https://www.zerohedge.com/sites/default/files/inline-images/2018-08-10_5-41-35.jpg?itok=BkapXxFJ

But unemployment is so low? Full-employment? Wage pressure? Hmm, maybe that dismal participation rate is more important that we thought…

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https://www.zerohedge.com/sites/default/files/inline-images/2018-08-10_5-59-47.jpg?itok=l0tFMKOF

Just keep believing America!!

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