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Tue May 7, 2019, 06:38 PM

Jobs Are Booming in Trump Country, But Pay Lags

Jobs Are Booming in Trump Country, But Pay Lags
https://www.bloomberg.com/news/articles/2019-05-07/trump-country-winning-on-job-growth-even-as-pay-gap-persists

Jobs are now growing at a faster rate in Trump country than they are in the Democratic-leaning urban and coastal areas that long had been a main driver of the U.S. economic expansion.

During the first 21 months of Donald Trump’s presidency, the 2,622 mostly rural and exurban counties he won in the 2016 election added jobs at twice the pace they did during the previous two years under the Obama administration and at a slightly higher rate than the 490 counties that supported Democrat Hillary Clinton.

Red America overtook Blue America last May in 12-month employment growth for the first time in seven years, according to a Brookings Institution analysis of county-level economic data for Bloomberg News.

Although Blue America still leads in pay and economic output, the uptick in Trump country is crucial to the president’s re-election chances in 2020. The White House and many down-ballot Republicans are counting on the economy to compensate for the churn of controversies in the administration and the president’s low approval ratings.

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Reply Jobs Are Booming in Trump Country, But Pay Lags (Original post)
drunk_teddy May 2019 OP
Gunslinger201 May 2019 #1
USNRET1988 May 2019 #2

Response to drunk_teddy (Original post)

Tue May 7, 2019, 06:58 PM

1. Thats not true at all, Wages are rising and for the Poorest most of all

Wages are rising, they were stagnant under Obama....Keep Lying Lefty.. We know you can't help it


For years it was the central question in an otherwise impressive recovery by the American job market: Why aren’t wages rising faster?

Unemployment was low. Hiring was strong. Corporate executives were complaining that they could not find people to fill all of the available jobs. Yet workers’ paychecks were growing only sluggishly, barely outpacing inflation.

And then wage growth suddenly picked up.

Average hourly earnings in March were 3.2 percent higher than a year earlier, the eighth straight month in which growth topped 3 percent. The monthly jobs report, which will be released by the Labor Department on Friday, will most likely show that the streak hit nine in April.

Other measures diverge on the exact timing and rate of increase, but not on the basic trend: Wage growth, long stuck in neutral, has at last found a higher gear.

“We’ve spent several years going, ‘Where is the wage growth? Where is the wage growth?’” said Martha Gimbel, an economist for the job-search site Indeed. “And it turns out we just had to wait a few years for the labor market to get tighter.”

Which workers are benefiting?
The recent gains are going to those who need it most. Over the past year, low-wage workers have experienced the fastest pay increases, a shift from earlier in the recovery, when wage growth was concentrated at the top.

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Response to Gunslinger201 (Reply #1)

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