Economy
Low Income, Middle-Class, Afro-Americans Finally Doing Better Under a Trump Economy
WASHINGTON, DC. The U.S. Bureau of Labor Statistics and the Council of Economic Advisors (CEA) report reviewed American earnings growth rates under President Obama and President Trump’s economies.
According to the data (chart above):
“Average wage growth for workers now outpaces wage growth for managers;
Average wage growth for those without a bachelor’s degree now outpaces wage growth for those with a bachelor’s degree or higher;
Average wage growth for individuals at the 10th percentile of the income distribution now outpaces wage growth for individuals at the 90th percentile;
And average wage growth for African Americans now outpaces wage growth for white Americans.”