Trump Economy: Low-wage workers are getting bigger raises than bosses

Posted by on December 30, 2019 12:02 pm
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Trump Economy: Low-wage workers are getting bigger raises than bosses

12/30/2019 By: Richard Saunders

The Trump economy is working for low wage workers.

CBS News reported that since 2014 the lowest-earning workers have been seeing a larger percentage wage increase than the highest income earners. In November the bottom 25% of workers saw a 4.5% increase in wages annually while the top 25% only saw a 2.9% increase.

Big Picture:

  • The 25% lowest-paid Americans enjoyed a 4.5% income boost in November. 
  • That outpaced a 2.9% gain in earnings for the country’s highest-paid workers. 
  • Low-wage workers are benefiting from higher minimum wages and corporations that are increasing entry-level pay.

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