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The article talks only about nominal wage increases. It also has this gem: > Due to the transient nature of pandemic inflation... Real wages, overall, are dec
by nobu-mori 4y ago
The article talks only about nominal wage increases. It also has this gem:
> Due to the transient nature of pandemic inflation...
Real wages, overall, are decreasing: https://www.bls.gov/news.release/realer.nr0.htm https://www.bls.gov/news.release/realer.nr0.htm
> Real average hourly earnings for all employees decreased 0.2 percent from December to January,
seasonally adjusted
> Real average hourly earnings decreased 1.8 percent, seasonally adjusted, from January 2022 to January
2023