The Biden administration is working hard on its evident goal of Build Back Poorer. Real average weekly earnings for Americans dropped for the 26th straight month in May. Thank you, Joe Biden.
Real average weekly earnings declined 0.1% from April to May of this year, Bannister noted. While real average hourly earnings did go up in terms of the numbers, he added that there was “a 0.3% decrease in the average number of hours” worked every week. Thus, overall, American workers lost money.
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