3 ms·
I think the argument is that during COVID everything was unusual. I think that is a fair argument. It's impossible to do a real counter-factual comparing what
by nl 3y ago
I think the argument is that during COVID everything was unusual. I think that is a fair argument.
It's impossible to do a real counter-factual comparing what would have happened, but:
Dec 2018: $376.20
Dec 2019: $376.87
COVID
Dec 2022: $378.76
Apr 2023: $378.50
All numbers from https://ycharts.com/indicators/us_real_average_weekly_earnings https://ycharts.com/indicators/us_real_average_weekly_earnin...
So real (inflation adjusted) wages have been roughly static compared to before COVID. That seems a reasonable point to make compared to the OP's negative sentiment, which seems not to be backed up by the numbers.