Perhaps some economists can tell a story where rapid wage growth is driving inflation even as the wage share of income is falling, but I’m not that good an economist.
These data are not top-coded, meaning the underlying earnings reported are actual earnings and not “capped” or “top-coded” for confidentiality.
Iceland is now the only country in the world that has legalized equal pay between the sexes.
August job growth was fueled by food and drinking places, social assistance, professional and technical services, finance, and health care.
That’s not how time works. Or economics.