And just like that, a million hopeful voices cried out in horror...

Real average hourly earnings shrank by the most since 2012 in July...

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For years hope has been soaring that household income will rise any minute now... and despite two years of disappointment, they remain optimistic...

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But unemployment is so low? Full-employment? Wage pressure? Hmm, maybe that dismal participation rate is more important that we thought...

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Just keep believing America!!