3 ms·

Any sources that you can provide which integrate both of those measures (so that we are comparing prices to salary)? (and of course even if inflation and wage

by floxy 2y ago

Any sources that you can provide which integrate both of those measures (so that we are comparing prices to salary)? (and of course even if inflation and wage growth were always identical, people would be worse off as they get pushed in to higher tax brackets)

maxerickson 2y ago
This is full time only, but it sort of clearly shows earnings outpacing CPI. https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q
- floxy 2y ago
  Q4 2019: 362 Q1 2020: 367 Q1 2024: 365
  - laidoffamazon 2y ago
    Correct, it's higher than 2019. Do you think Q1 2020 was a time of mass affluence? You remember the food lines and 15% unemployment, right? It's composition effects.
  - maxerickson 2y ago
    Only go up? The existential dread is all about how it's worse than it's ever been before, not about how wage growth has been a little soft for a few years.
    - floxy 2y ago
      Call it a draw? Seems flat for the past 4 years on the average. I'm glad that someone is getting better than 3% yearly raises.