CNN really is fake news, just reading this is facepalm
https://www.cnn.com/business/live-news/stock-market-news-050820/index.html
Headline- Here's why growing paychecks is bad news
American paychecks just got a whole lot bigger. That's not the great news you'd expect it to be.
Hourly wages were up 4.7% from March to April, significantly higher than the 0.3% average monthly increase from the previous 12 months.
Paychecks grew by nearly 8% from a year ago, way more than the average 3.5% yearly increase Americans have been getting over the past year.
The reason for the giant pay increase was a negative one: So many people in lower-paying services jobs have been among the first to get laid off or furloughed.
Paycheck growth was a strange quirk in the jobs report: More high-income earners stayed in their jobs than low-income workers, skewing the wage data higher.