“For the nation as a whole, average weekly wages rose by 7.4% in real terms between 2000 and 2015.” – Pew Research

That’s the good news. The bad news is that 7.4% growth over 15 years is far less than 0.5% per year. The other bit of bad news is that the largest growth was due to the increased activity in oil and gas extraction, including fracking, an industry that is already busting. In any case, wage growth in the US has been nearly non-existent for over a decade with many people seeing a shift from middle income manufacturing to lower income service jobs. The growth in the tech sector balances some of that, but on balance, wages aren’t growing much.

(Click on the map for the link.)

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