America’s lowest-paid workers are suffering a sharper slowdown in wage growth than their richer peers, adding to the pressure on Donald Trump over inequality as he threatens to undermine the reliability of US economic data.
Figures from the Federal Reserve Bank of Atlanta show wage growth for the lowest-paid quartile of workers — people earning less than $806 a week — slowed to an annual rate of 3.7 per cent in June, down from a peak of 7.5 per cent in late 2022.
Wage growth has slowed for higher earners to a lesser extent. Pay for the top 25 per cent of workers is up by 4.7 per cent in the year to June, and for the overall workforce by 4.3 per cent. Those in the highest quartile earn more than $1,887 a week.
The figures come after the president sacked the head of the labour statistics agency on Friday after a gloomy jobs report. The unprecedented intervention caused an outcry among economists. The agency produces reports on the labour market and inflation that underpin the pricing of trillions of dollars in assets globally.
peers
� 同龄人;同辈;同行(名词)
指地位、年龄、能力相当的人,常见于教育或职场语境。
例句:
Children are often influenced by their peers.
(孩子们经常受到同龄人的影响。)
undermine
� 削弱;破坏;暗中颠覆(动词)
表示逐渐削弱某人或某物的力量、信任、地位等。
例句:
The scandal seriously undermined the public’s trust in the government.
(这场丑闻严重削弱了公众对政府的信任。)
to a lesser extent
� 在较小程度上;相对较轻微地(副词短语)
表示某种情况或影响没有另一个那么强烈。
例句:
The new law will affect large corporations and, to a lesser extent, small businesses.
(这项新法律将影响大型公司,对小型企业的影响较小。)
unprecedented
� 前所未有的;史无前例的(形容词)
描述从未发生过的事情,强调其新颖或极端程度。
例句:
The pandemic caused an unprecedented global crisis.
(这场疫情引发了前所未有的全球危机。)
outcry
� 强烈抗议;公众的愤怒呼声(名词)
表达大规模的不满或愤怒,常出现在社会或政治问题中。
例句:
There was a public outcry over the police violence.
(警方的暴力行为引发了公众的强烈抗议。)
underpin
� 支撑;加强(论点、系统、结构等)(动词)
常用于比喻意义,指为某个理念、计划或制度提供基础或支持。
例句:
Scientific evidence underpins their argument.
(科学证据支撑着他们的论点。)
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