⚠️Americans' wages are stagnating

The share of working Americans not getting pay raises is increasing

Currently, 13.3% of working Americans are not receiving any pay rises, the highest share since 2021.

This is in line with the Great Financial Crisis levels and exceeded the share seen in the 2001 recession.

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Adjusted for inflation, this means millions of Americans’ wages are effectively declining. Needless to say, the lowest-income earners are hit the most in this environment. Will we see more consumers piling up debt, or even lower consumer spending?

Read the full analysis about the US job market below:

⚠️The US private sector employment is in a recession

US labor market trends are heading in the undesired direction

globalmarketsinvestor.beehiiv.com/p/the-us-private-sector-employment-is-in-a-recession

Financial distress is rising among US households

US consumer spending is near a tipping point

globalmarketsinvestor.beehiiv.com/p/financial-distress-is-rising-among-us-households

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