…come to pass in the middle of that, would be consistent with the forecasted job growth. Instead we had a growth rate of 3.2 percent, which was consistent with the…

Real average and aggregate wage growth for August Now that we have the August inflation reading, let’s take a look at real wage growth. First of all, nominal average hourly…

…2021. Health care price growth remains lower than expected given rapid increases in economy wide inflation. January CPI growth was 7.5% and PPI growth was 9.7%. Each being a near…

…see more rapid rates of productivity growth. If productivity growth were to average 2.0 percent over a 15-year period, roughly the post-World War II average, the before-tax real wage would…

…accelerated case, biofuel supply growth is nearly triple that of the main case, closing the gap with the Net Zero Scenario by nearly 40%. Nearly half of this additional growth,…

…wrote at length about the issue created by the surge in immigration since 2020. To summarize, “The cause of the underestimate of growth in the Household Survey seems most likely…

…2.5%. Current economic growth is also well above the pace economists see as the long-term trend. Fed officials put the U.S. economy’s longer-run growth rate at 1.8%, according to projections…

…to support a conclusion and we have to decide. Population Growth Outcomes Figure 6 shows that immigrants’ population share is projected to increase in the future. The share of unauthorized…

…Data Since 1937” (2007) and Social Security Administration wage statistics. Wage growth for the bottom 90% has lagged far behind average growth for much of the last 40-plus years. The data…

…employment growth was accounted for by immigration? Basically, all of it. Here’s employment growth between 2019 and 2024, in thousands: Why do I choose that specific time period? Because 2019…