FYI: The economic expansion and bull market don't seem to be trickling down wealth to the average American worker.
Though unemployment is just 3.9 percent and there have been 101 straight months of job growth, wage growth continues to lag—and real wage growth is nonexistent, according to a report published in August 2018 by the Pew Research Center, and most gains have gone to the highest tier of earners. In fact, the report says, today’s real average wage has almost the same purchasing power as it did 40 years ago,
Regards,
Ted
https://www.fa-mag.com/news/as-economy-grows-and-markets-boom--most-americans-are-still-left-behind-40307.html?print
