4 ms·
>> Low wage workers have actually seen the most wage growth recently. Yes and no(?) From the study "Real wage growth across the wage distribution, 2019–2022"
by TuringNYC 3y ago
>> Low wage workers have actually seen the most wage growth recently.
Yes and no(?)
From the study "Real wage growth across the wage distribution, 2019–2022" shows 9% real wage growth. The "real" portion is compared to engineered inflation figures. In the day-to-day world where people pay actual prices, price increases have not be 2% or whatever CPI claims them to be, they are much worse.
We can back into rosy numbers, but the real numbers are felt by people. I'd suggest speaking to a variety of people and see how they feel. Ensure to also speak to someone on social security income. I speak to my mom and see the numbers on a weekly basis.