Wonkbook: You’re not getting a raise, and nobody knows why

The latest economic and domestic policy from Wonkblog

Bloomingdale’s employees and their supporters rally for wage increases in New York. (Drew Angerer/Getty Images) By Ana Swanson The economy today has almost everything experts look for as a sign of health — new jobs are popping up around the country, the unemployment rate has fallen to the lowest level in a decade, and consumer and business confidence is high. But one thing that really matters for workers has been stubbornly absent: strong wage growth. The pay that workers take home has risen a little since the depths of the recession, but not much. Once you factor in inflation, wages growth is so low that workers are hardly better off than they were a year ago. Over the past year, average hourly earnings have risen just 2.5 percent, according to Friday’s report on April job growth. The trend is disappointing — and somewhat surprising. Read the rest on Wonkblog.

Top policy tweets

One White House staffer a few minutes ago: “Total and complete chaos — even by our standards.” — Josh Dawsey (@jdawsey1) May 10, 2017

A Republican close to President tells me Trump has been increasingly isolated in recent days. Frustrated, avoiding major public appearances — Robert Costa (@costareports) May 10, 2017

Important @RonBrownstein: Nixon-era Rs overcame bipartisanship to uphold democracy. Rs being tested now to do same:https://t.co/uRdjBLxC5K pic.twitter.com/VpR3B7XiSQ — Lucia Graves (@lucia_graves) May 10, 2017

For those in mood for non-Comey news, Dave Brat had a town hall last night &, unsurprisingly, AHCA was topic du jour https://t.co/Us9fldYhp9 — Al Weaver (@alweaver22) May 10, 2017