Real Median Usual Weekly Earnings: When the Deflator Matters
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CPI – headline vs. CPI for wage earners and clerical workers:
FIgure 1: Median weekly usual real earnings, deflated using CPI (blue), using CPI for wage earners and clerical workers (red), both in logs 2025Q1=0. Source: BLS and author’s calculations.
FIgure 1: Median weekly usual real earnings, deflated using CPI (blue), using CPI for wage earners and clerical workers (red), both in logs 2025Q1=0. Source: BLS and author’s calculations.
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