clock menu more-arrow no yes

Wages fell in December

The jobs news in December's jobs report was mostly good, but there was a disturbing fall in average hourly wages.

This is especially painful because wage growth had been holding steady at a too-low level throughout several years of recovery. We'd hoped to be asking ourselves when we would break out from this set point and see growth. Instead we saw the opposite.

Sign up for the newsletter The Weeds

Understand how policy impacts people. Delivered Fridays.