3 ms·
That’s only if you use CPI, not the far more accurate PCE inflation measure. https://fred.stlouisfed.org/graph/?g=MIJn https://fred.stlouisfed.org/graph/?g=MIJn
by TradingPlaces 5y ago
That’s only if you use CPI, not the far more accurate PCE inflation measure.
https://fred.stlouisfed.org/graph/?g=MIJn https://fred.stlouisfed.org/graph/?g=MIJn
- novaleaf 5y agoThank you for that link, though PCE at 6% isn't that far off from CPI's 7.5% Both support the claim made in the article.
- TradingPlaces 5y agoBut if you use the PCE deflator, real wages are flat in 2021, and much higher than 2019. January down b/c omicron — 9.6m not at work b/c of COVID https://fred.stlouisfed.org/graph/?g=MIWZ https://fred.stlouisfed.org/graph/?g=MIWZ