Immigration vs jobs created plays a very large role in that TTM
The total # jobs created is not sufficient to keep pace with the current birth rate.
Rank-and-file workers are losing month after month.
The broken clock is finally right. The Libs have long been (falsely) claiming this. For a long time wealth and income grew in every quintile but grew faster at the top. Now finally – finally – finally the libs are right and rank-and-file workers are actually losing, getting poorer, having lower incomes and less stuff . . . and you seem to be in denial.