Blue Collar wage growth the highest it's been in almost 60yrs.

[Hey Yo]

In President Donald J. Trump’s first five months in office, real wages for hourly workers have seen their largest increase under any administration in nearly 60 years — and we’re just getting started with pro-growth, pro-prosperity policies that finally put America First.

Blue-collar workers have seen real wages grow almost two percent in the first five months of President Trump’s second term — a stark contrast from the negative wage growth seen during the first five months of the Biden Administration.

“The only other time it has been this high … was during President Trump’s first term,” Secretary of the Treasury Scott Bessent said in an interview with the New York Post.

The New York Post notes: “Since Richard Nixon in 1969, Trump has been the only president to record positive growth for blue-collar workers in his first five months. He also achieved 1.3% in his first term … The recovery from a 1.7% decline recorded in Biden’s first five months, as inflation outpaced earnings, suggests a shift in economic conditions for this financially stressed segment of the workforce.”


chart of wage growth and/or decline since 1969 in link
https://www.whitehouse.gov/articles/...s-under-trump/

[Bill Gates]

Simply removing all the cheap illegal labor from the mean average will instantly make the average much higher. This is not the "W" that it looks like it is. No one is making more money, we just erased the lowest wages from the equation.

[Baller234]

Simply removing all the cheap illegal labor from the mean average will instantly make the average much higher. This is not the "W" that it looks like it is. No one is making more money, we just erased the lowest wages from the equation.

Uh, what?

Assuming you're right and that's what's causing the uptick, how do you conclude that no one is making more money? Those low wage jobs that were going to illegals would now go to US citizens and at higher wages.

[highwhey]

[TeflonDonTrump]

Simply removing all the cheap illegal labor from the mean average will instantly make the average much higher. This is not the "W" that it looks like it is. No one is making more money, we just erased the lowest wages from the equation.

Now you are against wages going up?

[Bill Gates]

Uh, what?

Assuming you're right and that's what's causing the uptick, how do you conclude that no one is making more money? Those low wage jobs that were going to illegals would now go to US citizens and at higher wages.

It's simple math

Remove all the lowest "illegal" wages, and of those left remaining, the AVERAGE wage is now higher without anyone getting a raise.

[highwhey]

It's simple math

Remove all the lowest "illegal" wages, and of those left remaining, the AVERAGE wage is now higher without anyone getting a raise.

i'd say inflation is the biggest cause. wages weren't growing immediately after covid bc wages always lag behind. and truthfully, are we supposed to trust anything trump's admin publishes? especially when their only source is the new york post? lol. i can publish a statement saying "i offer the best xyz service in the country as seen on the new york post", all bc i paid to have an ad run on their site.

[Baller234]

It's simple math

Remove all the lowest "illegal" wages, and of those left remaining, the AVERAGE wage is now higher without anyone getting a raise.

It's really wild how you don't even understand your own hypothetical scenario.

If someone is employing illegals at low unfair wages, but those employees are removed, they now have no choice but to offer those jobs to americans at fair market wages.

Those jobs just don't disappear.

[Doomsday Dallas]

It's simple math

Remove all the lowest "illegal" wages, and of those left remaining, the AVERAGE wage is now higher without anyone getting a raise.

[highwhey]

It's really wild how you don't even understand your own hypothetical scenario.

If someone is employing illegals at low unfair wages, but those employees are removed, they now have no choice but to offer those jobs to americans at fair market wages.

Those jobs just don't disappear.

yes, and therefore their end product/service also increases in price. hence, inflation. congrats, you just played yourself.

i specifically remember the republican party being against $17/hr min wage 10 years ago bc it would increase the price of mcdonald's burgers, and cause inflation as a result.

[Hey Yo]

Highlyghey, a coked up daycare worker, doesn't know shit about blue collar jobs.

[highwhey]

Highlyghey, a coked up daycare worker, doesn't know shit about blue collar jobs.

fuming

[Baller234]

yes, and therefore their end product/service also increases in price. hence, inflation. congrats, you just played yourself.

i specifically remember the republican party being against $17/hr min wage 10 years ago bc it would increase the price of mcdonald's burgers, and cause inflation as a result.

I could totally understand why you would think that, because you're an autistic retard who doesn't understand basic things and so you can't help but misinterpret the other side's argument.

The right believes that employees are entitled to fair market wages. Nothing more, nothing less. If the government is artificially setting the price of labor, that undermines the free market. If an employer is paying below market wages to illegals because those applicants have no other options, that also undermines the free market.

[highwhey]

I could totally understand why you would think that, because you're an autistic retard who doesn't understand basic things and so you can't help but misinterpret the other side's argument.

The right believes that employees are entitled to fair market wages. Nothing more, nothing less. If the government is artificially setting the price of labor, that undermines the free market. If an employer is paying below market wages to illegals because those applicants have no other options, that also undermines the free market.

is that why they're fuming and complaining to trump that their farming illegal employees are being deported? is that why trump is considering a temporary stay for farming and hotel workers? Doesn't this undermine immigration enforcement's efforts in ridding the country of illegals? or affect market wages by not only allowing but blessing illegal immigrants in the agricultural and hospitality industry to work for below min wages?

you also know zero about profit and loss or the cause and effect of wages to an end product/service. you've never sat down with a cpa and gone over your numbers down to the cent.

[ZenMaster]

https://x.com/WallStreetApes/status/1939529326397194421