hourly

Home Price Adjustment! Average Hourly Earnings YoY ABOVE Home Price Growth YoY (Home Price Growth Exploded Following Federal Governments’ Covid-related Spending Splurge)

by confoundedinterest17 The S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 1.3% annual gain (YoY) for December 2025, down from a 1.4% rise in the previous month. Average hourly earnings now at 3.73% YoY, higher than home price growth. Home price growth exploded following The Federal governments’ Covid-related spending splurge. Geographic divergence widened …

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Walgreens scraps paid holidays for hourly workers after private equity takeover

(CNN) — Hourly Walgreens employees will no longer receive paid time off for six major holidays, including Thanksgiving and Christmas, according to reporting from CNN. The change comes about a month after the pharmacy giant was acquired by private equity firm Sycamore Partners. It follows recent workforce reductions — Walgreens announced last month it was …

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Average hourly wage in gold hits lowest level since 1963. Official inflation numbers don’t match what shoppers see in Europe and US

Real wage purchasing power down 89% since gold standard ended. The average hourly wage (in gold terms) just hit a new all-time low, going all the way back to 1963 The real purchasing power of the average wage for an hour's work, has declined by 89% since the end of the gold standard in 1971 …

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Grocery stores adopt dynamic pricing with hourly changes and hidden 10% fees

Dynamic pricing is hitting grocery store shelves. He says he’s watched the prices change Not only do the prices change but they notify you there’s another 10% added at checkout People are already breaking them Bill Gates Microsoft has contracts for these grocery store pricing… pic.twitter.com/HwIzj7vICw — Wall Street Apes (@WallStreetApes) June 13, 2025

Inflation-adjusted hourly compensation down 5.2% since late 2020; productivity up. CPI inflation expected to collapse.

Inflation-adjusted hourly compensation is down 5.2% since the final quarter of '20 and is unchanged from a year ago, despite an increase in productivity and higher nominal pay: pic.twitter.com/1goh8soIMQ — E.J. Antoni, Ph.D. (@RealEJAntoni) August 1, 2024 US CPI inflation set to collapse. The Q2 productivity and unit labour cost data are just out and …

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Fully Automated McDonald’s with No Hourly Wage Workers

You want a $20/hr minimum wage? How about no minimum wage? Thanks to Democrats pushing for high hourly wages, good part-time second jobs will disappear. It might have happened anyway, but mandatory increases in wages certainly sped up. California is pushing the hourly wage to $20 an hour. McDonald’s now has at least one fully …

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Where Has All The GDP Gone? US Q3 Real GDP Revised Upwards To 5.2%! But Real Hourly Earnings Only 0.6% YoY (Home Prices Hit All-time High)

by confoundedinterest17 Where has all the GDP gone? Not to wages. As expected, Q3 Real GDP was revised upwards to 5.2% annualized. Of course, this shatters JKP’s talking points that Biden inherited a train wreck of an economy from Trump. Q3 2020 Real GDP grew at over 30%. And on a year-over-year (YoY) basis, US real GDP grew …

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UPS Signs minimum hourly wage increase of 35.5% for part-time workers and average total driver compensation to $170,000

via CNBC: Part time workers will make $21 from currently $15.50. Full time workers will be paid $49 an hour an increase of $7.50 over the contract. Total compensation with benefits will be $170,000. Average base pay before overtime or benefits will be approximately $102,000. The new contract includes pay raises for both part-time and …

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Bidenomics In One Chart! Hourly Pay UP 12% Under Biden, But Inflation Is UP 16% (REAL Wage Growth Is -4%)

by confoundedinterest17 The themesong of Bidenomics is Randy Newman’s “Mr. President,” Have pity on the working man instead of paying off green energy BIG donors. The massive green enegy spending spree by Biden and Congress (disguised as Inflation Reduction Act) is the keystone of Bidenomics. Or loadstone. Since Biden became President, hourly pay has risen 12%! Unfortunately, …

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Jobs Friday! Only 209k Jobs Added In June, Avg Hourly Earnings Rises 4.4% YoY, Too Bad Core CPI YoY Still At 5.3%! (Silver UP Almost 2% This AM)

by confoundedinterest17 After yesterday’s surprise ADP jobs report, I was expecting a better June jobs report. But alas, today’s job report was a disappointment. Only 209k jobs were added in June. On the other hand, average hourly earnings YoY rose slightly to 4.4%. Too bad core inflation at the last reading was 5.3% YoY. Here is …

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May Jobs Report Adds 339k Jobs, But Unemployment Rate Rises To 3.7% (Avg Hourly Earnings Cool To 4.3% YoY, Too Bad Core Inflation Still Sizzling At 5.5%)

by confoundedinterest17 The May jobs report is out and, under normal circumstances, would led The Fed to raise rates. But these are not normal times, my friends. The US economy (allegedly) added 339k jobs in May. That is the good news. The not-so-good news? A large diverengence between the Establishment survey and Household survey. +339k versus -310k. What’s it going to be? The bad …

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