As of October, private sector average hourly earnings of nonsupervisory workers (lower 80%) ran 3.5% higher than the same month a year ago (blue line) vs. 3% for all workers (red line)—signaling a substantial narrowing in wage & salary gap.

As of October, private sector average hourly earnings of nonsupervisory workers (lower 80%) ran 3.5% higher than the same month a year ago (blue line) vs. 3% for all workers (red line)—signaling a substantial narrowing in wage & salary gap. pic.twitter.com/K0c02OcmAo

— Gene Epstein (@GeneSohoForum) November 1, 2019