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Hasn't wage growth been even with inflation? I don't have sources at the moment, but that was my impression. That's still not good (you'd hope for an increase
by dwohnitmok 6y ago
Hasn't wage growth been even with inflation? I don't have sources at the moment, but that was my impression.
That's still not good (you'd hope for an increase in purchasing power), but not as bad as sliding backwards.
- jolux 6y ago>Hasn't wage growth been even with inflation? Definitely not: https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us...
- dwohnitmok 6y agoThe headline and article content both say that it's been even, i.e. no real growth, but no backsliding either. > For most U.S. workers, real wages have barely budged in decades and > today’s real average wage (that is, the wage after accounting for inflation) has about the same purchasing power it did 40 years ago.
- jolux 6y agoAh, yes. Sorry. Even with inflation but no growth. You would hope for growth given it’s been 40 years.