Kerry is going to be making the claim that wages are falling. And it’s true that BLS data for May and June show a small decline in wages (although it’s also true that wages have grown slightly faster under Bush’s whole term than they did under Clinton’s first one). Anyway, there is some reason to believe that the May and June numbers were blips, and I suspect that the falling-wages storyline is going to be outdated by the time the next set of numbers comes out.