Bureau of Labor Statistics: Currently 7+ Million Job Openings – Third Quarter Wage Gains +3.3%….

The Last Refuge | 10/16/2018 | sundance
catcrazy24 (Posted by) Level 4
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For more than three decades all U.S. economic policy was elevating Wall Street and diminishing Main Street. As a result the middle America blue-collar workers have not had wage gains keeping up with inflation for over 30 years…. Then came the era of Trump.

More than two years ago CTH began discussing the ramifications to a new emphasis on the economy outlined as a possibility of candidate Donald Trump’s economic policy outlook. Within the overall discussion we walked through the anticipated changes possible if A.) Trump won the election, and B.) Trump began instituting Main Street economic policy ahead of Wall Street policy (the past 30+ years).

Dimension - Engines - Main - Street - -vs-

We discussed the new dimension that would occur between two economic engines (Main Street -vs- Wall Street) as three decades of policy shifted. CTH outlined statistical and measurable KPIs that would become visible in the space between the policy shifts.

Part of those discussions focused on energy costs, product costs (we explained how inflation would be weird), and importantly, wage rates. It takes several months of policy emphasis (actual outcomes), before the labor market wage rates would grow. We anticipated seeing that policy impact in Q2 of 2018, which was April-June 2018. When the BLS released their second quarter analysis of wage and benefit rates for American workers –SEE HERE– the rate of growth was 2.8%, the fastest increase in a decade.

Mind - Increases - Sectors - % - Wage

Keep in mind these are “median increases”, there are several sectors well beyond the 3.3% average wage growth. Additionally, wages are increasing faster than inflation which specifically relates back to our analysis on the new dimension of MAGAnomics.

As the wage rate increases, and as the economy expands, the governmental dependency model is reshaped and simultaneously receipts to the U.S. treasury improve. There are more than seven million job openings.

Money - US - Treasury

More money into the U.S Treasury and...
(Excerpt) Read more at: The Last Refuge
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