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Speed data: It’s the job market, stupid!

If you're baffled by Trump's rise take a look at the grim realities of American working life

Source: Bureau of Labor Statistics

Working for less—and now less work too: Pay packets shrank, then they got harder to come by

 

A big squeeze on American wages has been occurring for a generation: earnings first went into freefall back in the 1970s. Real pay (measured in 1982-84 dollars) sank from a peak of a weekly $345 in February 1973 to $264 in January 1996. Things have bounced back a bit since, but only half way. The chart is for all “production and non-supervisory employees,” which captures roughly…

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