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News Link • Employment & Jobs

Wage Growth For Men About 1/4% Per Year Since 2000, Women About 1/2% Per Year

• https://www.zerohedge.com by Mike Shedlock

BLS data on real wages shows women are slowly catching up to men.

That's the good news.

The bad news is real wages for women have only risen at slightly over 1/2 of 1 percent per year for 19.5 years.

Men performed even worse. Real wages for men have risen at a pathetic rate of about 1/4 of 1 percent per year in the same period.

The featured images is from a set of Interactive BLS Graphs on Fred.

The anecdotes and calculations are mine.

I used an Annual Rate of Return Calculator to determine the percentages.

Major Assumption

The numbers assume you believe the BLS' questionable rates of inflation.

I don't because the BLS excludes housing prices and ignores asset bubbles. The BLS also dramatically understates health care costs.

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