For the biggest group of American workers, wages aren't just flat. They're falling.
By Jeff Stein and Andrew Van Dam
June 15 at 2:02 PM
The average hourly wage paid to a key group of American workers has fallen from last year when accounting for inflation, as an economy that appears strong by several measures continues to fail to create bigger paychecks, the federal government said Tuesday.
For workers in production and nonsupervisory positions, the value of the average paycheck has declined in the past year. For those workers, average real wages a measure of pay that takes inflation into account fell from $22.62 in May 2017 to $22.59 in May 2018, the Bureau of Labor Statistics said.
This pool of workers includes those in manufacturing and construction jobs, as well as all nonsupervisory workers in service industries such health care or fast food. The group accounts for about four-fifths of the privately employed workers in America, according to BLS.
Without adjusting for inflation, these nonsupervisory workers saw their average hourly earnings jump 2.8 percent from last year. But that was not enough to keep pace with the 2.9 percent increase in inflation, which economists attributed to rising gas prices.
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