Blue-Collar Wage Growth Sees Largest Increase in Nearly 60 Years Under Trump Administration
By The Blog Source
Even though we are just getting started with pro-growth, pro-prosperity policies that finally put America First, real wages for hourly workers have witnessed their highest gain under any administration in nearly sixty years during the first five months of President Donald J. Trump's tenure in office.
The actual salaries of blue-collar workers have increased by approximately two percent in the first five months of President Trump's second term. This is a striking contrast to the negative pay growth that was observed during the first five months of the Biden Administration.
Scott Bessent, Secretary of the Treasury, said in a New York Post interview, "The only other time it has been this high... was during President Trump's first term."
The New York Post makes the following observation: "Of all the presidents since Richard Nixon in 1969, Donald Trump is the only one to record positive growth for blue-collar workers in his first five months in office." In his first term, he also earned a 1.3% success rate... Although inflation exceeded earnings during the first five months of Biden's presidency, the recovery from a 1.7% loss recorded during that time implies that there has been a shift in economic conditions for this financially strained portion of the workforce.
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