So why are Wages down then?
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There has been a 10-year upward trend in
#jobs openings, having nothing to do with@POTUS or#TaxReform. What’s still lacking is income growth for most working families, now slipping behind inflation as corporations use their tax cuts to consolidate and buy more political powerpic.twitter.com/c3YOETNXFe
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The labor market is tight & that's great. Pre-existing trends continue. Nothing special recently, except more time passing. Check out the trends in the number of job openings (left graph) & the unemployment rate (right).pic.twitter.com/2Kse634jwi
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"Before
@POTUS was elected, job openings never exceeded the number of job seekers. Now, it’s happened for four straight months." -@SecretaryAcosta Guaranteed to drive up wages. Higher wages & lower taxes/utility bills vs. Lower wages & higher taxes/bills.https://twitter.com/SecretaryAcosta/status/1026836695415771138 …
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