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Lower-Income Earners See 4% Pay Rise as Jobs Lag

7/10/2026

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Story summary
  • Lower-income households recorded a 4.1% after-tax wage increase in June 2026.
  • Higher-income wage growth slowed to 4.2% while middle-income growth was 3.4% in the same month.
  • Job-switchers earned roughly a 12% raise, compared with about a 9% raise for higher earners.
  • The One Big Beautiful Bill tax-withholding changes lifted take-home pay for many earners.
  • The Bureau of Labor Statistics added 57,000 jobs in June 2026, far below the 115,000 forecast.