The Rust Belt, the upper Midwest manufacturing hub that was the backbone of U.S. production, has seen jobs and wages erode under President Trump, new data shows — and the decline happened before the coronavirus pandemic hit.
What it means: “While job and wage growth continued nationally under Trump, extending trends that took root under President Obama, the country’s economic weight also continued shifting south and west, according to data from the U.S. Quarterly Census of Employment and Wages that was recently updated to include the first three months of 2020,” Reuters’ Howard Schneider writes.
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