Middle Class Hourly Wages as of November 2024

Published on December 11, 2024

This series has been updated to include the November release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $51,510, down 6.5% from over 50 years ago. After adjusting for inflation, hourly earnings are below their all-time high from April 2020.

Continue reading on website
Other news

Cerulli: Advisors Will Use Private Credit ETFs If the SEC Approves Them

December 11, 2024
The firm’s new report finds there is unmet demand among financial advisors for ETFs with alternative investment strategies.

RecessionAlert Weekly Leading Economic Index

December 11, 2024
The weekly leading economic index (WLEI) is a composite for the U.S economy that draws from over 20 time-series and groups them into the following six broad categories which are then used to construct an equally weighted average. As of November 29, the index was at 32.851, up 1.819 from the previous week, with 5 of the 6 components in expansion territory.