4 ms·
It does seem that US COLA-wages are growing more slowly than Europe (though better than Canada), while our stock market outperforms. So one could make a claim t
by verteu 2y ago
It does seem that US COLA-wages are growing more slowly than Europe (though better than Canada), while our stock market outperforms. So one could make a claim that more profits should go to labor, rather than capital.
Some numbers (all the usual "mean-vs-median" caveats apply, though IME it rarely changes much):
France mean wages (2001-2022): 41706/26275 = 1.59 (2.2%/yr)
France CPI (2001-2022): 108.74/80.39 = 1.35 (1.4%/yr)
GB mean weekly wages (2001-2022): 599/321 = 1.87 (3.0%/yr!)
GB CPI: 114.6/73.5 (2001-2022): = 1.56 (2.14%/yr)
Canada mean wages (2001-2022): 14,176.4/10,405.1 = 1.36 (1.5%/yr)
Canada CPI (2001-2022): 146.3/96.8 = 1.51 (2.0%/yr)
https://www150.statcan.gc.ca/ https://www150.statcan.gc.ca/
https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/l55o/mm23 https://www.ons.gov.uk/economy/inflationandpriceindices/time...
https://www.statista.com/statistics/416204/average-annual-wages-france-y-on-y-in-euros/ https://www.statista.com/statistics/416204/average-annual-wa...
- ajmurmann 2y agoThings are still getting better though. One can be jealous that too little gets shared, but it's looking up for everyone. This is great!