Common hourly wages in development, manufacturing and nonsupervisory employees, in 2023$ (CPI deflated):
Determine 1: Common hourly earnings in development, manufacturing and nonsupervisory employees, in 2023$ (blue, left log scale), and ratio of international born to complete employed (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: BLS by way of FRED, NBER and writer’s calculations.
Word that actual wages in development had been primarily flat pre-family separation coverage implementation, jumped thereafter, and accelerated progress after “zero tolerance” coverage implementation.
