Another ripple effect of the Oct 2025 government shutdown and lack of BLS data collection that month.
No Oct CPI => no inflation update to the penalty levels for employers who violate OSHA and other laws.
White collar crime made more attractive.
jordanbarab.com/confinedspac...
Trump's war has wiped out an entire year and a half of wage growth
The Trump administration has refused to implement legally mandated OSHA penalty increases.
Real wages are now falling faster than any time in 2022 by this measure.
Ben Zipperer
Aaron Sojourner
The Econ team is hiring at the Center for American Progress! We're looking for a Policy Analyst with strong quantitative and writing skills; experience working with economic data; and an interest in compelling, evidence-based public policy arguments. [1/2] www.americanprogress.org/job/policy-a...
Looking at change rates in wages versus consumer prices 3-month annualized, in the most recent data...
Wages (red) up at a 2.8% rate and prices up at 8.2% rate (blue). So real hourly wages falling at abt 5.4% annualized rate.
If continues, average hour'll buy 5.4% less than a year before
UPDATE + we get to celebrate a win:
Yesterday the U.S. House PASSED the Faster Labor Contracts Act, which would make it easier for workers to secure a first union contract without unnecessary delay. 🎉
Ben Zipperer
Aaron Sojourner
Mike the Mad Biologist and Trump’s Cognitive Test Taker
Economic Policy Institute
www.epi.org
The Trump administration’s decision to start a war with Iran has imposed disastrous costs—both economic and humanitarian—around the world. The U.S. has been more insulated from these costs than most o...
Reporter: Are you concerned, Mr. President, about the latest inflation number which came out this morning?
Trump: No, I love it. I love the inflation.
Video
Update: The U.S. House passed the Faster Labor Contracts Act on June 9. Over the last five years, workers have won unions in several high-profile campaigns, including Amazon workers in Staten Island ...
Trump's war has wiped out an entire year and a half of wage growth
Acyn
Ben Zipperer
Far too often, employers refuse to bargain in good faith w/ workers when they win a union, significantly delaying a first contract.
Today, the U.S. House could pass the Faster Labor Contracts Act, which would make it easier for workers to secure a first union contract w/o unnecessary delay. 1/4