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progree

(11,807 posts)
6. Production and non-supervisory workers have higher inflation adjusted earnings than pre-pandemic
Thu Jun 20, 2024, 09:29 PM
Jun 2024

so do all private sector workers

(production and non-supervisory workers make up about 80% of all private sector workers)

"Real" and "1982-1984 dollars" means inflation-adjusted in BLS parlance

https://data.bls.gov/timeseries/CES0500000032

This one was made a couple of weeks ago before the May report that came out mid-June, so it doesn't show the uptick in May

It's also one of all private sector workers, not just the 80% who are production and non-supervisory workers -- but the latter is very much the same shape. And it too is well above the pre-pandemic highpoint.


This has an explanation for its weird shape, and how the righties are making an enormously big hoo hah about it being down relative to January 2021 (Biden's inaugural month; brief 'splain: in the 2020 pandemic year lower income people were disproportionately laid off in larger numbers so that gave an artificial bump up to the average)
https://www.democraticunderground.com/111698101#post2

Real average hourly earnings:

. . . production and non-supervisory workers: https://data.bls.gov/timeseries/CES0500000032

. . . all private sector workers https://data.bls.gov/timeseries/CES0500000013

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