…and that’s exactly how I’m paid.” Johnny Paycheck If it’s so hard to find workers… The Bureau of Labor Statistics announced in August that real hourly earnings were down 0.1% for all employers in July (+0.3% in earnings +0.3% increase in CPI for urban consumers, and rounding—more on that in a bit), and real weekly earnings were down 0.3%, adding in the 0.3% decrease in the average workweek. Over the year, real hourly earnings were up 1.3%, but the workweek was down 0.3%, and average weekly earnings were up just 0.8%. For production and non-supervisory workers, real hourly earnings were down 0.2% in July (+0.2% in earnings and +0.4% in the price index for Urban Wage Earners and Clerical Workers), […]