Middle Class Hourly Wages as of August 2024

Published on September 11, 2024

This series has been updated to include the August release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $51,005, down 6.7% from over 50 years ago. After adjusting for inflation, hourly earnings are below their all-time high from April 2020.

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Inside the Consumer Price Index: August 2024

September 11, 2024
Let's do some analysis of the Consumer Price Index, the best-known measure of inflation. The Bureau of Labor Statistics (BLS) divides all expenditures into eight categories and assigns a relative size to each. The pie chart illustrates the components of the Consumer Price Index for Urban Consumers, the CPI-U.

Schwab Discriminated Against Pregnant Advisor: Lawsuit

September 11, 2024
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