Wages Are No Longer Growing At All

The inflation figures for April are in, which means we can take a look at how much wages went up last month. First, here’s a broader look:

Up through 2016, wages were rising at about 1 percent per year (adjusted for inflation).

In the past 12 months, wage growth slumped to 0.13 percent. For blue-collar workers, wage growth was 0.17 percent.

In April, wages fell slightly. Wages for blue-collar workers were flat. The growth rate has been heading down, down, down.

Here’s a chart showing wage growth over the past few years. It’s totally unfair to point out the month Donald Trump was elected, but what can I do? I’m all about the facts, you know. In any case, no worries here. The CEOs and other rich folks who really elected Trump are doing great, even if the blue-collar workers who supposedly elected him aren’t getting anything out of his presidency. The Republican Party suckered them again.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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