3 ms·
> wage growth actually outpaced inflation Other sources paint a different picture; real median personal income is flat[0] (really, within $60 a year), and real
by gottorf 3y ago
> wage growth actually outpaced inflation
Other sources paint a different picture; real median personal income is flat[0] (really, within $60 a year), and real median household income is lower[1], compared to pre-pandemic.
[0]: https://fred.stlouisfed.org/series/MEPAINUSA672N https://fred.stlouisfed.org/series/MEPAINUSA672N
[1]: https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N
- gruez 3y agoThat looks at the income of all households. Boomers are retiring in droves, which drags the median down, and makes the number unrepresentative.