ICYMI: Blue-Collar Wage Growth Sees Largest Increase in Nearly 60 Years Under Trump
The following is from the Trump team.Â
In President Donald J. Trump’s first five months in office, real wages for hourly workers have seen their largest increase under any administration in nearly 60 years — and we’re just getting started with pro-growth, pro-prosperity policies that finally put America First.
Blue-collar workers have seen real wages grow almost two percent in the first five months of President Trump’s second term — a stark contrast from the negative wage growth seen during the first five months of the Biden Administration.
“The only other time it has been this high … was during President Trump’s first term,” Secretary of the Treasury Scott Bessent said in an interview with the New York Post.
The New York Post notes: “Since Richard Nixon in 1969, Trump has been the only president to record positive growth for blue-collar workers in his first five months. He also achieved 1.3% in his first term … The recovery from a 1.7% decline recorded in Biden’s first five months, as inflation outpaced earnings, suggests a shift in economic conditions for this financially stressed segment of the workforce.”