3 ms·

I’m pretty sure real wages are falling for the lower class

• jonathan-adly 5y ago
  Yeb.. real wage growth is down 2.4% on average YoY[0]. Given how much raises the tech sector is getting, it means everyone else is getting absolutely crushed. 0. https://www.zerohedge.com/personal-finance/us-consumer-prices-soar-fastest-39-years-real-wages-tumble-9th-straight-month https://www.zerohedge.com/personal-finance/us-consumer-price...
• 0xB31B1B 5y ago
  Real wages for working class folks are rising at the fastest pace in 40 years. It’s middle class folks who have stagnant wages.
  • raziel2701 5y ago
    This[0] shows an overall 4% wage increase for all employees compared to last year, while inflation is up 7% year over year. Wages are not keeping up with inflation. [0]https://fred.stlouisfed.org/series/CES0500000003#0 https://fred.stlouisfed.org/series/CES0500000003#0
• bequanna 5y ago
  Actually, the opposite. Wages for low level jobs have risen the fastest. All other categories have only a slight increase or flat.