Worker Wages Drop While Companies Spend Billions To Boost Stocks

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(CBS) — Six months after the Tax Cut and Jobs Act became law, there’s still little evidence that the average job holder is feeling the benefit.
CBS News reports worker pay in the second quarter dropped nearly one percent below its first-quarter level, according to the PayScale Index, one measure of worker pay. When accounting for inflation, the drop is even steeper. Year-over-year, rising prices have eaten up still-modest pay gains for many workers,