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America’s Wage Hope Hammered – Real Earnings Suffer Longest Slump Since 2009

Courtesy of ZeroHedge. View original post here.

For the first time since November 2009, real average hourly earnings tumbled for the 4th month in a row.

Despite all the hype, all the hope, and all the Phillips-curve-ian academic discussion…

Real wage growth just is not there

Still it must happen soon, right?


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